December 20, 2019
2020 Ag Outlook
The recording of the December 19th 2020 Ag Outlook webinar featuring Purdue ag economists, Michael Langemeier and James Mintert is available for viewing. The recording provides an overview of key supply and demand drivers for corn and soybeans, examines basis patterns and possible storage returns, provides updated 2020 crop budget projections, and takes a first look at pricing opportunities for the 2020 corn and soybean crops.
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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.