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outlook
After many unexpected events during the first half of the year, I’m hoping for something more normal during the second half of 2019. Who would have thought corn and soybean planting would extend into late June?
Read MoreRecorded July 2, 2019 | The presenters provide an updated review of corn and soybean acreage, which includes information from USDA’s Acreage report along with their own assessment of prevented planting of corn and soybeans.
Read MoreRecorded June 17, 2019 | Purdue agricultural economists Chris Hurt, Michael Langemeier, and James Mintert provide an updated corn and soybean price outlook, which includes information from USDA’s Crop Progress report.
Read MoreRecorded April 1, 2019 | Purdue agricultural economists Michael Langemeier and James Mintert review the crop outlook following the March 29th USDA’s Prospective Planting and Grain Stocks reports.
Read MoreRecorded December 19, 2018 | Purdue ag economists Chris Hurt, Michael Langemeier, and Jim Mintert discuss updated corn and soybean supply/demand information, planting decisions, and the implications for farmers of the recently passed 2018 Farm Bill.
Read MoreLast year at this time, many forecasters indicated the worst of the margin pressure appeared to be behind production agriculture. Farmers had achieved some success in lowering per unit cost of production.
Read MoreThe 2019 Purdue Crop Cost and Return Guide presents cost and return information for low, average, and high productivity soils. The discussion in this paper will focus on the estimates for average productivity soil.
Read MoreWith a record amount of soybeans to sell from the 2018 crop it is a bad year to jeopardize our largest buyer. The U.S. had record soybean yields and record total production in 2018 and also lost the opportunity to sell to China, our largest customer during their peak buying season.
Read MoreSurprise! Corn prices are expected to be at their highest level in three years. The potential strength in prices is being led by record usage and declining inventories.
Read MoreThe year of 2018 did not turn out so well for pork producers as estimated losses were about $12 per head for farrow-to-finish operations. These were the largest losses since 2012 when high feed prices prevented positive returns. Pork production was up 3% in 2018. That was record high production as the industry has been in expansion since 2014.
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