Feed Outlook: May 2012

by Thomas Capehart and Edward Allen

As of May 6, 71 percent of the U.S. corn crop had been planted, compared with an average of 47 percent in 2007-11 and 32 percent in 2011/12. As of the same date, 32 percent of the expected crop had emerged, compared with an average of 13 percent in 2007-11 and 6 percent last year. Early planting boosts the projected yield for 2012/13 to 166.0 bushels per acre, compared with last year's weather-reduced yield of 147.2. Rapid planting and emergence is also likely to affect supplies during the last quarter of the 2011/12 marketing year, resulting in reduced prospects for the June-August quarter feed and residual disappearance.

Keywords: Feed grains, corn, sorghum, barley, oats

In this publication...

• Feed Outlook: May 2012
• Table 1- Feed grains: U.S. quarterly supply and disappearance (million bushels), 5/14/2012
• Table 2: Feed and residual use of wheat and coarse grains, 5/14/2012
• Table 3: Cash feed grain prices, 5/14/2012
• Table 4: Selected feed and feed byproduct prices, 5/14/2012
• Table 5: Corn: Feed, seed, and industrial use (million bushels), 5/14/2012
• Table 6: Wholesale corn milling product and byproduct prices, 5/14/2012
• Table 7: U.S. feed grain imports by selected sources (1,000 metric tons), 5/14/2012
• Table 8: U.S. feed grain exports by selected destinations (1,000 metric tons), 5/14/2012

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