September 16, 2022

September Corn & Soybean Outlook Update

Purdue ag economists Michael Langemeier, Nathan Thompson and James Mintert broadcast the September Crop Outlook webinar at 12:00 p.m. EDT Friday, September 16, 2022. The webinar featured information from USDA’s September Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports along with current export and ethanol grind estimates. The webinar also included updated corn and soybean basis information, a first look at estimated corn and soybean breakeven prices for the 2023 crop and a comparison of flexible cash leasing of farmland to traditional fixed cash rent leasing.

The podcast and accompanying slides are available below. The podcast call also be accessed as episode 102 of the Purdue Commercial AgCast on your favorite podcast app.2022_09_16_MintertThompsonLangemeierPodcast

Download the Slides

TAGS:

corn, outlook, soybeans, USDA

TEAM LINKS:

James Mintert

Michael Langemeier

Nathanael Thompson

RELATED RESOURCES

Crop Budget Spreadsheet

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This spreadsheet can be used along with the Purdue Crop Cost & Return Guide to examine gross revenue, costs, and earnings for crop enterprises. The user can evaluate up to three full-season crops, and the wheat double-crop soybean system. Updated September 2023.

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The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the September 2023 crop budget estimations for 2024.

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