August 12, 2022

August Corn & Soybean Outlook Update

Purdue ag economists Nathanael Thompson, and James Mintert recorded the August monthly outlook podcast on August 12, 2022. This took place following the release of USDA’s August 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 99 of the Purdue Commercial AgCast on your favorite podcast app.

2022_08_12_MintertThompsonPodcast

Download the Slides

TAGS:

corn, outlook, soybeans, USDA

TEAM LINKS:

James Mintert

Michael Langemeier

Nathanael Thompson

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