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Crop, Livestock and Farm Policy Outlook from AFBF18

TOPICS

Livestock

John Newton, Ph.D.

Chief Economist

jnewton@fb.org

photo credit: AFBF Photo/Morgan Walker

Market Outlook at Convention

Each year American Farm Bureau Federation brings in expert crop and livestock market specialist to provide their outlook for the upcoming year. In case you missed it, today's Market Intel provides the slides that were presented to the membership in attendance in Nashville.

In 2018, Dr. Keith Coble, the Giles Distinguished Professor and Department Head, Agricultural Economics Department, Mississippi State University and James Robb, Director and Senior Agricultural Economist, Livestock Marketing Information Center provided members their outlook for the 2018 agricultural economy.

Crop Outlook and Farm Policy

Dr. Keith Coble reviewed the supply and demand fundamentals for major field crops including corn, soybeans, wheat, cotton and rice for both U.S. and foreign markets. Following the crop outlook, Dr. Coble discussed several key topics for the 2018 farm bill debate that may impact commodity and crop insurance programs.

Dr. Coble’s slides are found below.

Livestock Outlook

Mr. Robb provided an overview of cattle and hog markets in the United States along with a brief look at competitive meats. Mr. Robb has over 25 years’ experience forecasting prices and production for livestock markets and his unique perspective on the next one to three years in these ever-changing markets is of timely interest in this challenging farm economy.

Mr. Robb’s slides are found below.