Purdue agricultural economists Michael Langemeier, Nathanael Thompson, and James Mintert discuss the corn and soybean outlook following USDA's October Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports along with current export and ethanol grind estimates. Updated corn and soybean basis information and a look at estimated corn and soybean breakeven prices for the 2023 crop were discussed during the podcast. Slides from the discussion can be found at https://purdue.ag/outlook101422.
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.