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U.S. Corn Exports Off to A Weak Start

November 23, 2022

While the volume of corn exported is much smaller than that used for domestic livestock feeding or for ethanol production, exports remain an important usage category for U.S. corn. Over the last five years U.S. corn exports have accounted for an average of 16% of total U.S. corn usage, ranging from a high of 19% in the 2020 crop year to a low of 13% in the 2019 crop year.

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River Levels and Barge Rates Impacting Corn and Soybean Basis

November 23, 2022

Crop basis levels in many areas have been on a wild ride this fall. Several related factors have contributed to large swings in basis. Most notably, dry conditions in many areas have caused Mississippi River levels to drop.

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Tax Planning & Working Capital in a Strong Income Year

November 23, 2022

For many crop and livestock producers, 2021 and 2022 have been relatively strong net farm income years. Therefore, tax planning strategies will be relatively important. Purdue agricultural economists Brady Brewer and Michael Langemeier discuss strategies that maintain working capital in this episode of the Purdue Commercial AgCast.

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November Corn & Soybean Outlook Update

November 11, 2022

Recorded November 11 | Purdue ag economists discussed USDA’s November Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports and the current corn and soybean outlook.

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Feed Cost Indices for Laying Hens in 2023

November 1, 2022

This article discussed recent trends in feed costs for laying hens.  Current projections suggest that feed costs for 2023 will be slightly lower than those experienced in 2022.

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Prospects for Swine Feed Costs in 2023

November 1, 2022

Corn prices are 25% higher and soybean meal prices are 1% higher. Given that many of the supply and demand factors impacting the 2022 crop are going to persist way into 2023, what are the prospects for feed costs for farrow-to-finish and swine finishing production in the upcoming year?

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U.S. Farm Sector Financial Performance

November 1, 2022

Metrics that can be used to measure farm profitability include earnings before interest, taxes, and amortization (EBITA), net farm income, the operating profit margin ratio, return on assets, and return on equity. Each of these measures has its advantages and disadvantages. This article examines trends in net farm income and return on assets and its components for the U.S. farm sector.

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Ag Economy Barometer Declines Again, Producers Express Concern About Interest Rate Policy

November 1, 2022

Farmer sentiment weakened again in October as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 102, down 10 points compared to a month earlier. This month’s survey was conducted from October 10-14, 2022.

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Crop Budget Spreadsheet

October 25, 2022

This spreadsheet can be used along with the Purdue Crop Cost & Return Guide to examine gross revenue, costs, and earnings for crop enterprises.  The user can evaluate up to three full-season crops, and the wheat double-crop soybean system.

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October Corn & Soybean Outlook Update

October 14, 2022

Recorded October 14 | Purdue ag economists discussed USDA’s October Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports and the current corn and soybean outlook.

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What's Trending
pucommercialag
2 Dec

While the volume of #corn exported is much smaller than that used for domestic livestock feeding or ethanol production, exports remain an important usage category. Over the last 5 years, U.S. corn exports have averaged 16% of total U.S. corn usage.
https://purdue.ag/3ubAhsP

pucommercialag
30 Nov

Take a look at #corn exports so far this marketing year and consider future export prospects in U.S. Corn Exports Off to A Weak Start.
✨https://purdue.ag/3ubAhsP

pucommercialag
30 Nov

Registration is open for the Purdue Top Farmer Conference, on January 6. Find out more details on the agenda, speakers, and registration at http://purdue.ag/topfarmer!!
#PTFC23 #AgTwitter #farmmgmt #Purdue #wintermeetings

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Upcoming Events

Top Farmer Conference 2023

January 6, 2023

A management programs geared specifically for farmers. Surrounded by farm management, farm policy, agricultural finance and marketing experts, and a group of your peers, the conference will stimulate your thinking about agriculture’s future and how you can position your farm to be successful in the years ahead.

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Monthly Corn & Soybean Outlook Webinar Series

Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Catch the next monthly update on December 19th for the corn and soybean outlook following release of USDA’s December Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.

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Faculty Speaking Events

Find out where we will be presenting next as we collaborate with others.

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