July 2, 2019
Corn & Soybean Outlook Update: Following USDA’s Acreage Report
The recording of the July 2nd, Corn & Soybean Outlook: Following USDA’s Acreage Report webinar, featuring Chris Hurt, Michael Langemeier and Jim Mintert is available for viewing. The webinar provides an updated review of corn and soybean acreage, which includes information from USDA’s Acreage report along with our own assessment of prevented planting of corn and soybeans. They also reviewed 2019 yield prospects and the implications for prices. The panelists concluded the webinar with a review of the income outlook in 2019 for corn and soybean operations under various prevented planting and yield scenarios.
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U.S. farm income in 2026 appears stable, but increased government payments are masking weaker livestock receipts and rising costs. Indiana faces a sharper decline, with net farm income projected to fall 28%, highlighting tighter margins and growing financial pressure heading into 2027.
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We are taking a short break, but please plan to join us at one of our future programs that is a little farther in the future.