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.
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RELATED RESOURCES
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.
UPCOMING EVENTS
Join educators from across the Midwest to build skills for communicating soil health concepts on Nov. 4-5, 2026. In the field, we’ll evaluate the relationship between soil health and water management focusing on irrigation and edge of field practices. The in-service will have both classroom and on farm demonstrations.
The Land of Opportunity: A Conference for Farmland Owners will be held at two locations on October 5 and October 6, providing farmland owners with valuable information and resources to help them make informed decisions about their land. The conference will feature keynote presentations, educational breakout sessions, and networking opportunities designed specifically for those who own, manage, or have an interest in farmland.