Balance Sheet Projections for the 2015-16 Corn Marketing Year

Abstract

It is the season for developing corn balance sheet projections for the upcoming marketing year. The 2014-15 marketing year is approaching the halfway point, the spring crop insurance price is being determined, and planting and new crop marketing decisions are being made. The USDA will update their previous early release of projections for the 2015-16 marketing year as part of their USDA Agricultural Projections to 2024 report scheduled for release on February 11. Others, such as the Congressional Budget Office (CBO), have also released long term projections.