March 31, 2023

Prospective Plantings Report Update

On March 31st USDA released the Prospective Plantings and the quarterly Grain Stocks reports, providing the first estimate of spring 2023 corn and soybean planting intentions. Purdue ag economists James Mintert and Michael Langemeier reviewed the information contained in both reports and discussed implications for the corn and soybean outlook in 2023.

Companion slides can be found below.

Markers:

00:38 USDA Reports on Corn
08:35 USDA Reports on Soybeans
11:26 Combined Corn & Soybean Planting Estimates
17:10 Corn & Soybean Outlook
21:46 Projected Net Income for 2023

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Additional Resources:

Slides

20230331_PurdueCCA_ProspectivePlantings

TAGS:

planting

TEAM LINKS:

James Mintert

Michael Langemeier

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