Fundamentally Speaking

A matrix of what the 2020/21 stocks-to-use ratio could be using various combinations of planted acreage in millions going across the x-axis at the top and yields in bushels per acre going down the y-axis on the left.

Crude oil-corn price ratio along with the long-term average and plus and minus one standard deviation lines vs. the moving one year correlation between spot crude oil prices and spot corn values.

U.S. corn stocks-to-use ratio vs. the average farm price scatterplot using data from the 2007/08 season to this year and the calculated trend line explains about 85% of the projected farm price using the stocks-to-use ratio

World wheat and rice stocks-to-use ratios with and without China

First fall, last fall and first spring rating of the year vs. the percent that the May yield estimate deviated from the 30-year trend of the final yield.

U.S. corn export sales and shipments as of the third week of March in million bushels vs. as a percent of the USDA March WASDE corn export projection

U.S. soybean export sales and shipments as of the third week of March in million bushels vs. a percent of the USDA March WASDE soybean export projection

USDA Outlook Forum wheat projection almost right on for the past two years

Percent decline for a number of key commodities, the 10 year U.S. Treasury note and the S&P 500 stock index from January 1 to March 17, vs. correlation between all of these markets and the S&P 500 stock index for the same time period

20-year capital annualized growth rates (CAGR) for wheat harvested acreage, yields and production for the major crops in the top producing states and the U.S.

15 year capital annualized growth rates (CAGR) for soybean harvested acreage, yields and production for the top 18 producing states and U.S.

20-year capital annualized growth rates (CAGR) for corn harvested acreage, yields and production for top 18 states and U.S.

Combined Argentine, Brazilian, Russian and Ukrainian corn and wheat harvested area and production as a percent of the world total since 2000 on the left hand axis and their share of world soybean harvested area and production on the right hand axis.

Robust meat and poultry production sends U.S. corn feed use to 12-year highs

Average corn/soybean yield ratio for the past 5, 10 and 20 years for the 15 top producing states of both vs. capital annualized growth rates (CAGR) for the past 20 years

Actual 2019 and estimated 2020 trend yields for the top 18 corn states and U.S. in bushels per acre vs. the percent that actual 2019 yields were of 2019 trends.

World corn, soybean and wheat domestic consumption in 1000 metric tons vs. global corn, soybean and wheat yields in metric tons per hectare from 2000 to 2020.

Weighted number of soybean pods per 18 square foot area and implied soybean pod weight in grams per pod for the 11 objective soybean states

corn ears per acre vs. implied ear weight for the ten objective states using harvested acreage, yield and ear population per acre

Average percent change in the USDA forecasts for U.S. corn, soybean and wheat production, total use and ending stocks from their initial estimates at the February Agricultural Outlook sessions to the February WASDE estimates one year later covering the period 1998/99 to...