June 14, 2021

June Corn & Soybean Outlook Update

Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert hosted a free webinar on June 14. The team discussed the corn and soybean outlook following release of USDA’s June Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports and provided implications for the upcoming crop year.

The webinar recording and slides used during the webinar presentation are available for download below. A companion Purdue Commercial AgCast episode is also available below or on your favorite podcast app.

Download the Slides

TAGS:

corn, outlook, soybeans, USDA

TEAM LINKS:

James Mintert

Michael Langemeier

Nathanael Thompson

RELATED RESOURCES

Crop Net Return Prospects, Presentation at Pinney Purdue Field Day

August 20, 2025

Michael Langemeier presented at the Pinney Purdue Field Day in Wanatah, Indiana on August 20, 2025, on crop net returns and the farmland market.

Corn & Soybean Basis Weakens as Focus Shifts to New Crop

August 15, 2025

On Tuesday, the August WASDE report was released, which significantly increased the projected 25/26 corn supply and decreased the soybean supply. There were immediate effects in the futures market. September and December corn futures dropped by $0.13/bu, and September and November soybean futures increased by $0.21/bu. As we approach harvest, it is yet to be seen how this will affect the new crop basis.

Flex Lease Computations Spreadsheet Tool

August 13, 2025

Need help setting a fair flexible lease agreement? This easy-to-use spreadsheet lets you plug in your own numbers—like crop budget line items, yields, and prices—to calculate lease rates and earnings per acre. Whether you’re negotiating a new agreement or comparing alternative, this tool helps take the guesswork out.

Purdue Flexible Lease Workshop

September 16 at 7 pm or September 23 at 9 am

The Flexible Lease virtual Workshop, presented by the Purdue Extension Land Lease Team, will include a presentation and discussion to help you decide if a flexible land lease arrangement is right for your farm.