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ethanol
Through the first three weeks of January, corn and soybean basis have been stable or weakened slightly. This is a continuation of the stabilization and slight weakening that started in December and follows statewide strengthening throughout November. Before November, the 2024-2025 crop basis levels were well below the three-year average.
Read MoreIt has been six weeks since the November Crop Basis Update was released. In that window, harvest has wrapped up across Indiana, and corn and soybean basis levels have been relatively stable compared to September and October. In all parts of the state, crop basis levels were higher on December 18th than they were on November 6th. This includes basis levels for Ohio River delivery points, ethanol plants, and soybean processors.
Read MoreApril 13, 2023 crop basis update on forward contract bids, corn and soybean basis outlook, and new crop corn and soybean futures.
Read MoreRecorded February 10, 2021 | Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert discuss USDA’s February Crop Production and World Agricultural Supply and Demand (WASDE) reports.
Read MoreRecorded July 13, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide an updated ag outlook featuring information from USDA’s latest reports, balance sheet estimates, and updated crop condition information.
Read MoreTo help explain fluctuations in distiller’s dried grains (DDGs) prices, this article examines the relationship between DDG prices, and corn and soybean meal prices.
Read MoreRecorded June 12, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide an updated ag outlook, which includes information from USDA’s June WASDE report along with updated profitability estimates for corn and soybeans. The webinar also addressed questions regarding eligibility for and assistance provided by USDA’s CFAP program.
Read MoreFarmer sentiment improved slightly in May after falling sharply in both March and April. Purdue ag economists Michael Langemeier and James Mintert discuss the May Purdue University/CME Group Ag Economy Barometer on this episode of the Purdue Commercial AgCast.
Read MoreThis report shows that the spread of COVID-19 in the U.S. is expected to reduce the demand for both corn and soybeans due to reductions in demand for ethanol and soy biodiesel.
Read MoreDistiller’s dried grains (DDG) are a co-product of dry-milled ethanol production. U.S. ethanol plants have the capacity to produce more than 15 billion gallons of ethanol and 45 million tons of DDG (Ag MRC).
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