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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.
Where do you begin if you’re looking to transfer your farm to the next generation? Before starting with a legal entity, it’s important to come together and establish common goals and a direction for where you picture your operation moving in the future. Our Farming Together workshop will help you begin discussions to lead you to a successful transition.Read More
Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Catch the next monthly update on February 9 for the corn and soybean outlook following release of USDA’s February Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.Read More