August Corn & Soybean Outlook Update

Purdue agricultural economists Nathan Thompson and James Mintert recorded this podcast on August 12th. The team discussed the corn and soybean outlook following USDA's August World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies. Updates on balance sheet estimates for both the 21/22 and 22/23 crop years, ethanol demand, ending stock estimates, corn and soybean basis were all discussed. 

 

Slides from the discussion can be found at https://ag.purdue.edu/commercialag/home/resource/2022/07/august-corn-soyb…outlook-update-2/

 

 

 

 

Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.