Egg Industry Presentations

Input Cost Management? The New Landscapre for Egg Feed Costs! By Dan Basse

• View the Online Slide Presentation

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Speaking at a recent industry forum, Dan Basse of AgReource Company reviewed factors which will influence the price of corn over the proximal four seasons.  Details are provided in the article which will appear in an upcoming edition of EGG-CITE. 

The main points of the presentation are:

  • With a 14 billion bushel crop, and assuming a16% stocks to use ratio at the end of the coming season U.S. corn prices will drop to a range of $3.20 to $4.50 per bushel for 2014 with a gradual rise through 2018-2019 to between $3.90 to $4.30 per bushel.
  • Ethanol demand has peaked and the long term predictions by EPA made in 2007 are far in excess of actual use based on a 10% inclusion rate.
  • The U.S. will be energy sufficient by 2020 reducing or even eliminating the need for biofuels.
  • U.S. share of world trade in the “big three” (corn, soybeans and wheat) will continue to decline based on decreased demand and increased competition from producers in Latin America and Eastern Europe.

The slide set used by Dan Basse is reproduced with permission for the benefit of subscribers and readers of EGG-CITE.

 

• View the Online Slide Presentation

• View the Presentation as a PDF file