Crop Basis Tool
The Purdue Center for Commercial Agriculture Crop Basis Tool is a web-based tool that provides access to weekly historical and contemporaneous corn and soybean basis data for local market regions in the eastern corn belt.Read More
2023 Crop Cost and Return Guide
The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2023 crop budget estimations for 2023.Read More
2023 Indiana Farm Custom Rates
The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana. Purdue Extension Educators distributed the questionnaires at meetings and events statewide during the last month of 2022 and the first three months of 2023. Respondents were asked to report custom rates they had either paid or received during the past year.Read More
Ag Economy Outlook & Financial and Risk Management Strategies for 2023
Slidedeck presentation by James Mintert given in Kokomo, Indiana on March 21, 2023.Read More
Financial & Risk Management Strategies for 2023 at Commodity Classic
Purdue ag economists James Mintert & Michael Langemeier shared key lessons from 2022 and help producers plan for the financial and risk management realities of 2023. Live from Orlando, Florida at the 2023 Commodity Classic Learning Center Session on March 9, 2023.Read More
Farmer Sentiment Dips in February
Purdue ag economist James Mintert and Michael Langemeier break down the February Purdue University-CME Group Ag Economy Barometer and share some insights into the farmer sentiment dip. The Ag Economy Barometer dipped 5 points in February to a reading of 125. Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future both weakened. This month’s survey was conducted from February 13-17, 2023.Read More
Prospective Plantings – March 2023
On March 31st USDA released the 2023 Prospective Plantings and the March Grain Stocks reports. Purdue ag economists James Mintert and Michael Langemeier reviewed the information contained in both reports and discussed implications for the corn and soybean outlook in 2023.Read More
Financial Risk Management & Contingency Planning
Farming is never the same from year to year – sometimes prices are good, net farm income is high, and other times margins are tight. Planning ahead, or contingency planning for financial hardship is important for any farm operation. How to evaluate farm financials, update financial statements, analyze performance, and when borrowing makes sense.Read More
Experience, Knowledge, & Collaboration: Why Good Managers Make an Effort to Improve
Knowledge, experience, and collaboration work hand in hand with one another to improve farm output per unit of input (i.e., productivity). Pursuit of one of these items without the others creates a disparity between farms able to survive and those that thrive in the industry. But the question arises, why do these factors play such a critical role in farm performance? This article reflects on the impact these three factors have on farm productivity and describes how each relates to management strategy.Read More
What Farmers Are Telling Us About Their Farms & The Ag Economy
Slidedeck presentation by James Mintert given in Reynolds, Indiana as part of the White County Farm Management Workshop on February 28, 2023.Read More
"Really interesting...we always talk about fundamentals & those really aren't picked. Interest rates right are increasing, so you wouldn't expect that to be very large, but strong cash flows are pretty low."
🎙️Insights shared from M. Langemeier, #AgBarometer #AgCast episode 129.
Farm Bill discussions are heating up & in a new @PurdueAgEcon Policy Brief Series, Roman Keeney breaks down what goes into passing a Farm Bill & provides some helpful background information for the 2023 Farm Bill.
#Solar farms create much emotion but change is constant. Not all farms or every crop thrives with #solarpanels, but #Cornell's new study is #FoodForThought. #agrivoltaics
Follow @PUCommercialAg to see the latest farm management news.
Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Catch the next monthly update on April 1 for the corn and soybean outlook following release of USDA’s Prospective Plantings reports. Registration is free.Read More
Find out where we will be presenting next as we collaborate with others.