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soybeans
Now is a great opportunity for producers to review their crop insurance choices for the upcoming season. Purdue University Center for Commercial Agriculture’s ag economists Michael Langemeier and James Mintert walk participants through key considerations for their 2023 insurance options. In particular, they discuss a handy thumb rule to use when considering an increase in coverage levels for RP insurance.
Read MoreRecorded February 10 | Purdue agricultural economists Nathanael Thompson, Michael Langemeier, and James Mintert discussed the corn and soybean outlook following USDA’s February World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies.
Read MoreBasis is an important component for crop producers to consider when marketing grain because it is used to convert the futures price to a local cash equivalent. Futures prices and basis follow different seasonal patterns so the ability to manage futures price risk and basis risk independently creates an opportunity to improve returns. Join Purdue ag economists and co-creators of the Purdue Crop Basis Tool, Nathan Thompson and Jim Mintert for an episode discussing the advantages of using the Center’s Crop Basis Tool.
Read MoreNathan Thompson and Michael Langemeier joined James Mintert on this podcast to discuss new information from USDA’s January 2023 World Ag Supply & Demand Estimates (WASDE) report, which was released on January 12th. During the podcast they also provided an update on Eastern Corn Belt corn and soybean basis bids, marketing opportunities for both old and new crop corn and soybeans along with current breakeven estimates for corn and soybean production in 2023.
Read MoreDr. Chad Hart, crop marketing specialist from Iowa State University, joined Purdue’s Brady Brewer on January 6, 2023 at the Purdue Top Farmer Conference to discuss the key factors he is monitoring that will impact both the corn and soybean price outlook in 2023 and 2024.
Read MoreRecorded December 19 | Purdue ag economists discuss a longer-term view of the changing cost structure facing corn and soybean prices, key factors likely to impact corn and soybean prices in 2023 and discussed how to use scenario’s when analyzing price risk and making marketing decisions.
Read MoreCrop 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.
Read MoreRecorded 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.
Read MoreRecorded 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.
Read MoreThe balance sheet for the U.S. farm sector represents a marked improvement compared to the balance sheet in 2020. Both liquidity and solvency for the U.S. farm sector are relatively strong.
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