1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.
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![Page 1: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/1.jpg)
1
Wheat, Corn, Sorghum, Cotton Rice & Soybean
Kim Anderson
Oklahoma State University
![Page 2: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/2.jpg)
2
Wheat
![Page 3: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/3.jpg)
3
Wheat Planted/Harvested Acres
40.0
45.0
50.0
55.0
60.0
65.0
70.0
75.0
80.0
85.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mil
lio
n A
cres
Harvested Ac
Planted Ac
10-Yr avg 57.35-Yr avg 52.4
10-Yr avg 66.8 5-Yr avg 62.2
![Page 4: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/4.jpg)
4
Wheat Planted/Harvested Acres & Production
40.0
45.0
50.0
55.0
60.0
65.0
70.0
75.0
80.0
85.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mil
lio
n A
cres
0.0
0.5
1.0
1.5
2.0
2.5
3.0
Bil
lio
n B
ush
els
Harvested AcPlanted Ac
Production
10-Yr avg 57.3 5-Yr avg 52.4
10-Yr avg 66.8 5-Yr avg 62.2
10-Yr avg 2.2 5-Yr avg 2.1
![Page 5: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/5.jpg)
5
Wheat Planted/Harvested Acres & Production
40.0
45.0
50.0
55.0
60.0
65.0
70.0
75.0
80.0
85.0
Mil
lio
n A
cres
0.0
0.5
1.0
1.5
2.0
2.5
3.0
Bil
lio
n B
ush
els
Harvested Ac
Planted Ac
Production
10-Yr avg 66.8 5-Yr avg 62.2+5-Yr avg 59.6
10-Yr avg 57.3 5-Yr avg 52.4+5-yr avg 50.3
10-Yr avg 2.2 5-Yr avg 2.1+5-Yr avg 2.1
![Page 6: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/6.jpg)
6
Wheat Prices
$2.00
$2.50
$3.00
$3.50
$4.00
$4.50
$5.00
1983
/84
1985
/86
1987
/88
1989
/90
1991
/92
1993
/94
1995
/96
1997
/98
1999
/00
2001
/02
2003
/04
2005
/06
2007
/08
2009
/10
2011
/12
$4.55
10-Yr avg $3.32 5-Yr avg $2.86+5-Yr avg $3.09
![Page 7: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/7.jpg)
7
Wheat Summary
Planted/harvested acres lower 62.2/59.6 52.4/50.3
Price trend slightly higher $2.86/$3.09 3.23
Loan rate set @ ~$2.75
Direct payment set @ 52¢
Target price set @ ~$3.92 65¢ $3.75
![Page 8: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/8.jpg)
8
Corn
![Page 9: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/9.jpg)
9
Corn Planted/Harvested Acres
40.0
45.0
50.0
55.0
60.0
65.0
70.0
75.0
80.0
85.0
90.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mil
lio
n A
cres
Harvested
Planted
10-Yr avg 70.15-Yr avg 71.0
10-Yr avg 77.4 5-Yr avg 78.3
![Page 10: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/10.jpg)
10
Corn Planted/Harvested Acres & Production
40.0
45.0
50.0
55.0
60.0
65.0
70.0
75.0
80.0
85.0
90.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mill
ion
Acr
es
-
2.0
4.0
6.0
8.0
10.0
12.0
Mill
ion
Bus
hels
HarvestedPlanted
Production
10-Yr avg 70.1 5-Yr avg 71.0
10-Yr avg 77.4 5-Yr avg 78.3
10-Yr avg 9.0 5-Yr avg 9.5
![Page 11: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/11.jpg)
11
Corn Planted/Harvested Acres & Production
40.0
50.0
60.0
70.0
80.0
90.0
1983/84 1986/87 1989/90 1992/93 1995/96 1998/99 2001/02 2004/05 2007/08 2010/11
Mill
ion
Acr
es
-
2.0
4.0
6.0
8.0
10.0
12.0
Mill
ion
Bu
shel
s
Planted
Production
Harvested
10-Yr avg 77.4 5-Yr avg 78.3+5-Yr avg 78.8
10-Yr avg 70.1 5-Yr avg 71.0+5-yr avg 71.9
10-Yr avg 9.0 5-Yr avg 9.5+5-Yr avg 10.3
![Page 12: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/12.jpg)
12
Corn Prices
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
$3.24
10-Yr avg $2.34 5-Yr avg $2.05+5-Yr avg $2.14
![Page 13: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/13.jpg)
13
Corn Summary
Planted/harvested acres higher 78.3\78.871/71.9
Price trend slightly higher $2.05/$2.14$2.23
Loan rate set @ ~$1.95
Direct payment set @ 28¢
Target price set @ ~$2.63 40¢ $2.52
![Page 14: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/14.jpg)
14
Sorghum
![Page 15: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/15.jpg)
15
Sorghum Planted/Harvested Acres
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mill
ion
Ac
res
Planted
Harvested
10-Yr avg 10.0 5-Yr avg 9.5
10-Yr avg 8.7 5-Yr avg 8.0
![Page 16: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/16.jpg)
16
Sorghum Planted/Harvested Acres & Production
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mill
ion
Ac
res
-
200
400
600
800
1,000
1,200
Mill
ion
Bu
sh
els
Production
Planted
Harveste
10-Yr avg 555 5-Yr avg 497
10-Yr avg 8.7 5-Yr avg 8.0
![Page 17: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/17.jpg)
17
Sorghum Planted/Harvested Acres & Production
6.0
8.0
10.0
12.0
14.0
16.0
18.0
20.0
1983/84 1987/88 1991/92 1995/96 1999/00 2003/04 2007/08 2011/12
Mill
ion
Acr
es
-
200
400
600
800
1,000
1,200
Mill
ion
Bu
shel
s
Production
Planted
Harvested
10-Yr avg 10.0 5-Yr avg 9.5+5-Yr avg 9.5
10-Yr avg 8.7 5-Yr avg 8.0+5-yr avg 8.3
10-Yr avg 555 5-Yr avg 497+5-Yr avg 564
![Page 18: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/18.jpg)
18
Sorghum Prices
$1.00
$1.50
$2.00
$2.50
$3.00
$3.50
1983/84 1987/88 1991/92 1995/96 1999/00 2003/04 2007/08 2011/12
$3.19
10-Yr avg $2.18 5-Yr avg $1.92+5-Yr avg $2.01
![Page 19: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/19.jpg)
19
Sorghum Summary
Planted/harvested acres steady 9.5/9.5 8.0/8.3
Price trend slightly higher $1.92/$2.01$2.09
Loan rate set @ ~$1.90/Bu.
Direct payment set @ 35¢
Target price set @ ~$2.57 32¢ $2.47
![Page 20: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/20.jpg)
20
Cotton
![Page 21: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/21.jpg)
21
Cotton Planted/Harvested Acres
6.0
8.0
10.0
12.0
14.0
16.0
18.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mill
ion
Acr
es
Harvested
Planted
10-Yr avg 13.15-Yr avg 12.6
10-Yr avg 14.4 5-Yr avg 14.6
![Page 22: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/22.jpg)
22
Cotton Planted/Harvested Acres & Production
6.0
8.0
10.0
12.0
14.0
16.0
18.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mill
ion
Acr
es
8.0
10.0
12.0
14.0
16.0
18.0
20.0
22.0
Mill
ion
Bal
es
Harvested
Planted
Production
10-Yr avg 13.1 5-Yr avg 12.6
10-Yr avg 14.4 5-Yr avg 14.6
10-Yr avg 17.8 5-Yr avg 17.2
![Page 23: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/23.jpg)
23
Cotton Planted/Harvested Production
6.0
8.0
10.0
12.0
14.0
16.0
18.0
Mill
ion
Acr
es
8.0
10.0
12.0
14.0
16.0
18.0
20.0
22.0
Mill
ion
Bal
es
Harvested
Planted
Production
10-Yr avg 14.4 5-Yr avg 14.6+5-Yr avg 14.6
10-Yr avg 13.1 5-Yr avg 12.6+5-yr avg 13.3
10-Yr avg 17.8 5-Yr avg 17.2+5-Yr avg 17.6
![Page 24: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/24.jpg)
24
Cotton Prices
20.0
30.0
40.0
50.0
60.0
70.0
80.0
1983
/84
1985
/86
1987
/88
1989
/90
1991
/92
1993
/94
1995
/96
1997
/98
1999
/00
2001
/02
2003
/04
2005
/06
2007
/08
2009
/10
2011
/12
75.4¢
10-Yr avg 56.55¢ 5-Yr avg 45.10¢+5-Yr avg 46.64¢
![Page 25: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/25.jpg)
25
Cotton Summary
Planted/harvested acres stable 14.6/14.6 12.6/13.3
Price trend slightly higher 45.10¢/46.64¢51.4¢
Loan rate set @ 52¢
Direct payment set @ 6.67¢
Target price set @ 72.4¢ 13.73¢ 69.34 ¢
![Page 26: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/26.jpg)
26
Rice
![Page 27: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/27.jpg)
27
Rice Planted/Harvested Acres
2.0
2.5
3.0
3.5
4.0
1982/83 1984/85 1986/87 1988/89 1990/91 1992/93 1994/95 1996/97 1998/99 2000/01 2002/03
Mill
ion
Ac
res
Harvested
Planted
10-Yr avg 3.15-Yr avg 3.3
10-Yr avg 3.2 5-Yr avg 3.3
![Page 28: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/28.jpg)
28
Rice Planted/Harvested & Production
2.0
2.5
3.0
3.5
4.0
1982
/83
1984
/85
1986
/87
1988
/89
1990
/91
1992
/93
1994
/95
1996
/97
1998
/99
2000
/01
2002
/03
Mil
lio
n A
cres
0
50
100
150
200
250
Mil
lio
n C
wt
Harvested
Planted
Production
10-Yr avg 57.3 5-Yr avg 52.4
10-Yr avg 66.8 5-Yr avg 62.2
10-Yr avg 2.2 5-Yr avg 2.1
![Page 29: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/29.jpg)
29
Rice Planted/Harvested & Production
2.0
2.5
3.0
3.5
4.0
1983/84 1987/88 1991/92 1995/96 1999/00 2003/04 2007/08 2011/12
Mill
ion
Acr
es
0
50
100
150
200
250
Mill
ion
Cw
t
Harvested
Planted
Production
10-Yr avg 66.8 5-Yr avg 62.2+5-Yr avg 59.6
10-Yr avg 57.3 5-Yr avg 52.4+5-yr avg 50.3
10-Yr avg 2.2 5-Yr avg 2.1+5-Yr avg 2.1
![Page 30: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/30.jpg)
30
Rice Prices
$2.00
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$10.00
$11.00
1983/84 1987/88 1991/92 1995/96 1999/00 2003/04 2007/08 2011/12
$9.96
10-Yr avg $7.37 5-Yr avg $6.03+5-Yr avg $5.18
![Page 31: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/31.jpg)
31
Rice Summary
Planted/harvested acres stable 3.3/3.3 3.3/3.2
Price trend lower but inc. $6.03/$5.18$5.53
Loan rate set @ $6.50/cwt
Direct payment set @ $2.35/cwt
Target price set @ $10.50 $1.65 $9.90
![Page 32: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/32.jpg)
32
Soybeans
![Page 33: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/33.jpg)
33
Soybeans Planted/Harvested Acres
50.0
55.0
60.0
65.0
70.0
75.0
80.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mill
ion
Acr
es
Planted
Harvested
10-Yr avg 67.25-Yr avg 72.0
10-Yr avg 68.7 5-Yr avg 73.6
![Page 34: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/34.jpg)
34
Soybeans Planted/Harvested Acres & Production
50.0
55.0
60.0
65.0
70.0
75.0
80.0
1983/84 1985/86 1987/88 1989/90 1991/92 1993/94 1995/96 1997/98 1999/00 2001/02
Mill
ion
Acr
es
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Bill
ion
Bus
hels
Planted
Production
Harvested
10-Yr avg 67.2 5-Yr avg 72.0
10-Yr avg 68.7 5-Yr avg 73.6
10-Yr avg 2.5 5-Yr avg 2.7
![Page 35: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/35.jpg)
35
Soybeans Planted/Harvested Acres & Production
50.0
55.0
60.0
65.0
70.0
75.0
80.0
1983
/84
1985
/86
1987
/88
1989
/90
1991
/92
1993
/94
1995
/96
1997
/98
1999
/00
2001
/02
2003
/04
2005
/06
2007
/08
2009
/10
2011
/12
Mill
ion
Acr
es
-
0.5
1.0
1.5
2.0
2.5
3.0
3.5
Bill
ion
Bu
shel
s
Planted
Production
Harvested
10-Yr avg 68.7 5-Yr avg 73.6+5-Yr avg 73.510-Yr avg 67.2 5-Yr avg 72.0+5-yr avg 72.2
10-Yr avg 2.5 5-Yr avg 2.7+5-Yr avg 3.0
![Page 36: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/36.jpg)
36
Soybeans Prices
$3.00
$4.00
$5.00
$6.00
$7.00
$8.00
$9.00
$7.42 $7.3510-Yr avg $5.65 5-Yr avg $4.81+5-Yr avg $4.95
![Page 37: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/37.jpg)
37
Soybean Summary
Planted/harvested acres stable 73.6/73.5 72/72.2
Price trend slightly higher $4.81/$4.95-$5.20
Loan rate set @ ~$4.96
Direct payment set @ 44¢
Target price set @ $5.80 40¢ $5.67
![Page 38: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/38.jpg)
38
Peanuts
![Page 39: 1 Wheat, Corn, Sorghum, Cotton Rice & Soybean Kim Anderson Oklahoma State University.](https://reader036.fdocuments.us/reader036/viewer/2022062423/5697bfdf1a28abf838cb2bb8/html5/thumbnails/39.jpg)
39
Potential price guarantee $474/Tn
Loan rate set @ ~$355/Tn
Peanut Summary
Acres move to areas with rotation and water
Direct payment set @ $36/Tn
Target price set @ $495/Tn $104 $474
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Kim Anderson
Oklahoma State University
http://agecon.okstate.edu/faculty.asp
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Commodity 2004 Loan Rate 2002 Loan Rate
Corn 1.95 1.98
Wheat 2.75 2.80
Cotton .52 .52
Soybeans 4.96 5.03
Sorghum 1.90 1.93
Peanuts 355.00 355.00
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Commodity Fixed Payment
Corn .28
Wheat .52
Cotton .0667
Soybeans .44
Sorghum .35
Peanuts .36
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2002-03 2004-07
Commodity Target Price
Corn 2.60 2.63
Wheat 3.86 3.92
Cotton .724 .724
Soybeans 5.80 5.80
Sorghum 2.54 2.57
Peanuts 4.95 4.95