February 10, 2021

February Corn & Soybean Outlook Update

Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert discussed USDA’s February Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports on February 10. Tight U.S. crop supplies combined with concerns about the South American harvest and prospects for big acreage swings are all on ag producers’ minds. The Purdue team reviewed updated information from USDA and other sources and discussed strategies to consider for 2021.

The webinar recording and slides used during the webinar presentation are available for download below. A companion Purdue Commercial AgCast podcast episode can be found below or on any platform where you access your podcasts.

Download the Slides

TAGS:

corn, ethanol, outlook, soybeans, storage, USDA

TEAM LINKS:

James Mintert

Michael Langemeier

Nathanael Thompson

RELATED RESOURCES

February Indiana Crop Basis Update & Using the Crop Basis Tool to Plan Storage Hedges

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The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the February 2025 crop budget estimations for 2025.

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