Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.
January 14, 2022
January Corn & Soybean Outlook Update
Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert hosted a free webinar on January 14, 2022. The team discussed the corn and soybean outlook following release of USDA’s January Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports and provided implications for 2021 and 2022 crop marketing strategies. Updates on corn and soybean export prospects, ethanol demand, ending stock estimates, and corn and soybean basis along crop production cost and income projections were also discussed.
The video recording and slides used during the webinar presentation are available for download below. The audio recording from the webinar broadcast is also available below or can be accessed on your favorite podcast app.
TAGS:
TEAM LINKS:
RELATED RESOURCES
Margaret Lippsmeyer presented during agri benchmark’s 2024 annual conference in mid June, which was hosted by the Spanish Ministry of Agriculture in Valladolid, Spain. An increase in soybean acreage may come from either (a) shifting away from continuous corn rotations to corn-soy and (b) shifting corn-soy rotations toward corn-soy-soy. Based on agri benchmark data, Margaret showed that option (a) would require an increase in soybean prices of 6% and option (b) of 8% to make these rotations preferable over existing ones.
READ MOREUPCOMING EVENTS
Two outstanding farms in east-central Indiana will host visitors wanting to learn about farm and crop management on July 17th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.
Read More