July Corn & Soybean Outlook Update

Purdue ag economists Nathanael Thompson, Michael Langemeier, and James Mintert recorded the July monthly outlook podcast on July 13, 2022. This took place following the release of USDA’s July Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. The Center for Commercial Agriculture’s team reviewed new information from USDA and crop marketing strategies. Updates on balance sheet estimates for both the 21/22 and 22/23 crop years, ethanol demand, ending stock estimates, corn and soybean basis and profitability estimates were all discussed.

The podcast and accompanying slides are available below. The podcast call also be accessed as episode 95 of the Purdue Commercial AgCast on your favorite podcast app.