February Corn & Soybean Outlook Update

Purdue agricultural economists Michael Langemeier, Nathanael Thompson and James Mintert discussed the corn and soybean outlook following USDA's February World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for 2021 and 2022 crop marketing strategies. Updates on ending stock estimates, South American production expectations, and corn and soybean basis along with a discussion of prospects for corn vs. soybean acreage in 2022 were all featured in the webinar. Slides from the discussion can be found at https://purdue.ag/webinar021022. 

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.