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soybeans

Stay Tuned for Possible Basis Swings This Summer

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.

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Purdue Farm Management Tour & Indiana Master Farmer Reception 2024

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.

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

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.

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Corn & Soybean Basis Steady to Slightly Stronger Across the Eastern Corn Belt

In recent weeks, corn basis has been steady to slightly stronger across much of the eastern Corn Belt. For example, corn basis in central Indiana for the second week of April was $0.18/bu. under May ’24 corn futures.

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International Benchmarks for Soybean Production (2024)

Examine the competitiveness of soybean production for important international soybean regions using 2018 to 2022 data from the agri benchmark network.

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Corn & Soybean Basis Steady to Stronger in Most Locations, Weaker at Ohio River Terminals

After starting the year weaker than normal, corn and soybean basis has been steadily increasing since harvest ended last fall. In recent weeks, many eastern Corn Belt locations have seen steady to slightly stronger corn and soybean basis levels.

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Renewable Diesel Boom & Where Biofuels Are Headed

Host Brady Brewer discussed the “boom” in renewable diesel and its expected impact on the soybean market with Dr. Scott Irwin, a professor of agricultural economics at the University of Illinois, on the latest episode of the Purdue Commercial AgCast.

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The Outlook for Corn & Soybeans

Host Brady Brewer provides a recap of Dr. Chad Hart’s presentation on the 2024 agricultural crop market outlook at the Purdue Top Farmer Conference on the latest episode of the Purdue Commercial AgCast. Dr. Hart, a professor and crop marketing specialist at Iowa State University, explores the shift to “normalcy” for crop prices and farm incomes in 2024.

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2024 Crop Cost and Return Guide

The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2024 crop budget estimations for 2024.

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Top Farmer Conference 2024

January 5, 2024

A management programs geared specifically for farmers. Surrounded by farm management, farm policy, agricultural finance and marketing experts, and a group of your peers, the conference will stimulate your thinking about agriculture’s future and how you can position your farm to be successful in the years ahead.

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