July Corn & Soybean Outlook Update

Purdue agricultural economists Nathan Thompson, Michael Langemeier, and James Mintert recorded this podcast on July 13th,. The team discussed the corn and soybean outlook following USDA's July 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 and profitability estimates were all discussed. 

 

Slides from the discussion can be found at https://ag.purdue.edu/commercialag/home/resource/2022/07/july-corn-soybean-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.