March 11, 2022

March Corn & Soybean Outlook Update

Purdue agricultural economists Michael Langemeier and James Mintert discussed the corn and soybean outlook following USDA’s March World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for 2021 and 2022 crop marketing strategies on the Purdue Commercial AgCast. Updates on ending stock estimates, South American production expectations, and corn and soybean basis along with a discussion of prospects for corn vs. soybean acreage in 2022 were all featured.

The recording is only available as a podcast this month (and not as a webinar or YouTube recording) because the team was in New Orleans during Commodity Classic.

TAGS:

TEAM LINKS:

RELATED RESOURCES

Trends of Increasing Basis Continue Across the Eastern Corn Belt

April 17, 2025

Corn and soybean basis levels across the Eastern Corn Belt have strengthened for the second month in a row, with many locations now reporting a positive basis—especially at ethanol plants, soybean processors, and Ohio River terminals. Central Indiana and regional trends show basis levels outpacing historical averages, creating timely opportunities for improved grain marketing. Stay ahead of local trends with the Purdue Crop Basis Tool.

READ MORE

Changes in Corn and Soybean Profitability (Dec ’24 – Apr ’25)

April 17, 2025

Profitability expectations for corn and soybeans in Indiana have shifted sharply in recent months, driven primarily by changing crop prices and updated USDA yield estimates. Learn why soybeans continue to show a strong net return advantage—even as tariffs, market volatility, and evolving policy developments reshape the outlook—by diving into our month-by-month breakdown of budget projections from December through April.

READ MORE

2025 Indiana Farm Custom Rates

April 17, 2025

The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana during the last month of 2024 and the first three months of 2025. Respondents were asked to report custom rates they had either paid or received during the past year.

READ MORE

UPCOMING EVENTS

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.