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Farmer Sentiment Weakens as Production Cost Concerns Mount

December 7, 2021

The Ag Economy Barometer slipped to a reading of 116 in November, down 5 points from October and 30% lower than in November 2020 when the barometer stood at 167.

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2021-12-03 Ag Outlook

December 3, 2021

The Ag Outlook slidedeck presentation by James Mintert given in Vincennes on Dec. 3, 2021.

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Prospects for Swine Feed Costs in 2022

December 2, 2021

Given the uncertainty related to supply and demand, feed prices are likely to remain volatile during the 21/22 marketing year. This article examines trends in feed costs as well as the impact of corn and soybean meal prices on feed costs for farrow-to-finish and swine finishing operations.

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Factors Impacting Feeding Cost of Gain

November 22, 2021

Purdue ag economist Michael Langemeier discusses the key factors impacting feeding cost of gain in commercial feedlots.

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November Corn & Soybean Outlook Update

November 10, 2021

Recorded November 10 | Purdue ag economists review USDA’s November Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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Farmer Sentiment Weakens Amid Rising Concerns Of A Cost-Price Squeeze

November 2, 2021

For the third month in a row, agricultural producer sentiment weakened in October as the Ag Economy Barometer declined to 121, 3 points lower than a month earlier.

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Benchmarking Crop Machinery Cost and Investment

October 28, 2021

The continued increase in size of tractors, combines, and other machinery has enabled farms to operate more acres and reduce labor use per acre. However, this increase in machinery size also makes it increasingly important to evaluate the efficient use of machinery.

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Comparison of Conventional & Organic Crop Rotations (Spreadsheet Tool)

October 28, 2021

This spreadsheet compares conventional and organic rotations over a ten-year horizon. Specifically, net returns are compared for a conventional corn/soybean rotation, a conventional corn/soybean/wheat rotation, and an organic corn/soybean/wheat rotation.

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Comparison of Conventional Crop Rotation with an Organic Forage-Based Crop Rotation (Spreadsheet Tool)

October 28, 2021

This spreadsheet compares conventional crop rotation with an organic forage-based crop rotation over a ten-year horizon.

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Crop Budget Spreadsheet

October 22, 2021

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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Want more insight into farmer sentiment? @JamesMintert & Michael Langemeier discuss the November #AgBarometer results on the latest #PurdueCommercialAgCast.
Listen now!
https://www.podbean.com/ew/pb-6axt9-114d046#.Ya-PcsH0Ssk.twitter

1) The #AgBarometer slipped 5 points in November to a reading of 116 as producers continue to be pessimistic about both the current & future #outlook for the agricultural economy. This month’s survey was conducted from November 15-19. https://purdue.ag/barometer74

“Farmers are facing sharp rises in production costs coinciding with fluctuating crop & livestock prices, the prospect of changing environmental & tax policy...all of which are negatively impacting farmer sentiment.” -@JamesMintert
#AgBarometer breakdown
https://youtu.be/WT6qLIhAu3s

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October Corn and Soybean Monthly Outlook Update webinar, recorded October 13, 2021
Indiana Farmland Prices Hit New Record High in 2021, Purdue Land Values and Cash Rents Survey
Financial Management Series

Monthly Corn & Soybean Outlook Webinar Series

Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Join us Wednesday, December 15 for our next monthly update on 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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Top Farmer Conference 2022

January 7, 2022 | virtual conference

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