Purdue agricultural economists Michael Langemeier and James Mintert discussed USDA’s September Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports on September 11 during Purdue Center for Commercial Agriculture's Fall Crop Outlook webinar. The reports provided USDA’s first objective yield estimates for the 2020 corn and soybean crops. The webinar includes an overview of the information on the two reports along with a discussion regarding implications of the changes for the corn and soybean outlook in addition to a review of the likely changes in corn and soybean profitability and what that portends for 2021 cash rental rates.
The recorded version of the program is available for viewing on the Center's website, where a copy of the slides presented during the webinar are available also, or on the Center's YouTube channel (don't forget to subscribe). A companion podcast episode on the Purdue Commercial AgCast is also available on the website or any platform where you access your podcasts.