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Brazil, the world’s largest soybean producer and a major corn exporter, is facing a more complicated production outlook for the 2027 crop year. Low commodity prices, high fertilizer costs, tighter credit conditions, and El Niño conditions, already present and expected to strengthen later this year, are all weighing production prospects. In this Purdue Commercial AgBrief, Joana Colussi looks at the key factors that could influence Brazil’s next crop season, and what it could mean for U.S. corn and soybean producers.
Read MoreCorn and soybean basis strengthened broadly across the Eastern Corn Belt over the past month, breaking from typical seasonal trends. Indiana and Ohio continue to show some of the strongest basis levels in the region, while recent gains in Iowa have narrowed historical gaps. Use the Purdue Crop Basis Tool to monitor local opportunities as summer marketing decisions approach.
Read MoreCorn and soybean basis strengthened across much of the Eastern Corn Belt, especially in Ohio and Indiana. Josh Strine breaks down the latest basis trends, regional differences, Ohio River demand, and what farmers should watch heading into June grain markets.
Read MoreBrazil’s rise in corn production is reshaping global competition for U.S. producers. This analysis compares corn production costs, revenues, and profitability between Iowa and Mato Grosso farms from 2020–2024, highlighting how Brazil’s second-crop corn system lowers fixed costs while exposing farmers to greater fertilizer dependence and weather risk.
Read MoreCorn and soybean basis strengthened across much of the Eastern Corn Belt through late April and early May, though gains slowed significantly in recent weeks. Purdue’s May 2026 Basis Update examines regional basis differences, historical trends, and what producers may expect as volatility potentially increases heading into June.
Read MoreCorn and soybean basis strengthened across the Eastern Corn Belt in April, with gains exceeding historical trends in several regions. However, persistent regional differences remain, particularly between stronger Ohio basis levels and weaker Iowa conditions. These shifts—especially along the Ohio River—highlight changing cash market signals heading into May.
Read MoreFour years after the start of the Russia-Ukraine war, which pushed fertilizer prices to historic highs, the current conflict in the Middle East has once again brought attention to the risks associated with dependence on imported fertilizers for agricultural production. With Iran restricting shipping through the Strait of Hormuz, a key route linking the Persian Gulf to global export markets, major supply disruptions have been affecting the United States and Brazil – the world’s two largest country-level fertilizer importers. This article compares fertilizer supply and demand trends over the past five years in both countries, analyzing the scale of their external dependence and the potential implications for agricultural competitiveness.
Read MoreCorn and soybean basis strengthened faster than expected across the Eastern Corn Belt, with Ohio and Indiana showing standout gains. Historical trends suggest volatility ahead—making it critical for producers to monitor local basis closely.
Read MoreTwo outstanding farms in south-central Indiana will host visitors wanting to learn about farm and crop management on July 10th for the Purdue University Farm Management Tour.
Read MoreCorn and soybean basis trends are diverging across the Eastern Corn Belt. Corn basis has weakened relative to historical patterns, while soybean basis is tracking closer to seasonal averages. Regional production differences and recent volatility highlight the importance of monitoring local basis levels heading into April.
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