Purdue Ag Economist Jim Mintert says the latest supply and demand estimates suggest it will be a positive crop year in terms of farm income in Indiana.
“If you look at income level projections, the 2021 crop year income on a per acre basis for a fairly typical corn and soybean operation is going to be around double what it was coming off of the 2020 crop year,” he says. “2022 crop forecasts are down back to where we were in 2020.
