Estimated agricultural production in 2015

The drought in 2012 led to an unprecedented increase in food and agricultural prices in 2013, then we saw a drop in prices for corn, soybeans and wheat in the year that we passed.

Maize: The unprecedented production of this product in the United States during the two consecutive years has pushed the price of maize under the greatest pressure. The same is true of soybean production, but due to high demand from China, the soybean price did not drop. In October 2014, the price of corn reached its lowest level in the last five years. Reduced prices arose as a result of unprecedented increases in US maize production in two years, as well as corn consumption in ethanol production.

It is expected that the unprecedented production of corn crops in 2014 and the fall in prices would lead to a slight increase in consumption during the fiscal year 2014-2014.

During the fiscal year -15-2014, the average cost was about $ 3.50, and the price is expected to be close to $ 4.00 for the upcoming year if production is estimated to decline.

If the volume of South American soybeans production in 2015 is based on estimates and the cultivation level is increasing, more soybean prices are expected to occur. The price of soybeans is estimated at $ 10 for the fiscal year 15 2014 and is estimated at $ 9.00 for the fiscal year 2014-2015.

Giant wheat production in the rest of the world during the two consecutive years of 2013 and 2014 has led to a reduction in exports from the United States; the most important factor in wheat prices is the production in other countries of the world.

America's beef production is expected to decrease from 11.9 billion kilos in 2014 to 10.7 billion kilograms in 2015. Exports are expected to drop from 18.1 to 13.1 billion kilograms and imports from 1.27 to 1.22 billion kilograms.


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