Farm Management Tour: July 17, 2024

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.

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March 11, 2022

March Corn & Soybean Outlook Update

Purdue agricultural economists Michael Langemeier and James Mintert discussed the corn and soybean outlook following USDA’s March World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for 2021 and 2022 crop marketing strategies on the Purdue Commercial AgCast. Updates on ending stock estimates, South American production expectations, and corn and soybean basis along with a discussion of prospects for corn vs. soybean acreage in 2022 were all featured.

The recording is only available as a podcast this month (and not as a webinar or YouTube recording) because the team was in New Orleans during Commodity Classic.

TAGS:

corn, outlook, soybeans, USDA

TEAM LINKS:

James Mintert

Michael Langemeier

RELATED RESOURCES

Stay Tuned for Possible Basis Swings This Summer

June 7, 2024

Since early May, Indiana corn basis has flattened or improved modestly, depending on the location. Corn basis levels throughout Indiana remain well below their three-year average.

Corn & Soybean Basis Continue to Strengthen Despite Being Significantly Weaker than Historical Basis Levels

May 9, 2024

In recent weeks, corn basis has continued to strengthen steadily at many locations across the eastern Corn Belt. For example, corn basis in central Indiana for the second week of May was $0.22/bu. under July ’24 corn futures. This is $0.13/bu. stronger than the first week of March.