December 19, 2022

December Corn & Soybean Outlook Update

Purdue ag economists Michael Langemeier, Nathan Thompson and James Mintert hosted a live webinar on December 19. The team took a longer-term view of the changing cost structure facing corn and soybean prices, key factors likely to impact corn and soybean prices in 2023 and discussed how to use scenario’s when analyzing price risk and making marketing decisions.

The webinar recording and slides used during the webinar presentation are available for download below. The video recording from the webinar broadcast is also available via YouTube, please consider subscribing to the Center’s channel. And the audio recording from the webinar broadcast can also be accessed as episode 112 of the Purdue Commercial AgCast on your favorite podcast app.

Download the Slides

TAGS:

corn, outlook, soybeans, USDA

TEAM LINKS:

James Mintert

Michael Langemeier

Nathanael Thompson

RELATED RESOURCES

Indiana Farm Income Outlook Report, Spring 2025

May 14, 2025

The Spring 2025 Indiana Farm Income Outlook, published by the Rural and Farm Finance Policy Analysis Center (RaFF), provides updated projections for Indiana farm profitability through 2026. The report highlights a projected 40% increase in Indiana net farm income in 2025—driven largely by higher government payments—and offers insight into trends in crop and livestock markets, production expenses, and policy impacts.

Trends of Increasing Basis Continue Across the Eastern Corn Belt

April 17, 2025

Corn and soybean basis levels across the Eastern Corn Belt have strengthened for the second month in a row, with many locations now reporting a positive basis—especially at ethanol plants, soybean processors, and Ohio River terminals. Central Indiana and regional trends show basis levels outpacing historical averages, creating timely opportunities for improved grain marketing. Stay ahead of local trends with the Purdue Crop Basis Tool.

Changes in Corn and Soybean Profitability (Dec ’24 – Apr ’25)

April 17, 2025

Profitability expectations for corn and soybeans in Indiana have shifted sharply in recent months, driven primarily by changing crop prices and updated USDA yield estimates. Learn why soybeans continue to show a strong net return advantage—even as tariffs, market volatility, and evolving policy developments reshape the outlook—by diving into our month-by-month breakdown of budget projections from December through April.