December Outlook Update: Keeping the Bottom Line Black

Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert's December 15th seminar during The Indiana Farm Equipment and Technology Expo. The Purdue Center for Commercial Agriculture's team discussed the corn and soybean outlook following release of USDA's December World Agricultural Supply and Demand Estimates (WASDE) report and provided crop marketing and farm management strategies to help keep producers' bottom line black in 2022. Updates on corn and soybean export prospects, ethanol demand, ending stock estimates, and corn and soybean basis along with farm income projections were also discussed. Slides used during the seminar can be found at https://purdue.ag/webinar121521. 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.