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Corn & Soybean Basis Steady to Stronger in Most Locations, Weaker at Ohio River Terminals

February 12, 2024

After starting the year weaker than normal, corn and soybean basis has been steadily increasing since harvest ended last fall. In recent weeks, many eastern Corn Belt locations have seen steady to slightly stronger corn and soybean basis levels.

Producer Sentiment & Resilience at the Purdue Top Farmer Conference

February 6, 2024

Each year in early January, Purdue University hosts the Purdue Top Farmer Conference, where academic speakers, agribusiness affiliates, and farmers convene to discuss current issues and trends in agricultural markets. The survey respondents at the Top Farmer Conference, though not a random sample, offer unique insights into how some of Indiana’s leading farmers compare to respondents of national surveys.

Weakening Commodity Prices Cast A Shadow On Farmer Sentiment

February 6, 2024

Farmer sentiment took a downturn at the start of 2024 as the January Purdue University-CME Group Ag Economy Barometer Index fell to a reading of 106, 8 points below a month earlier. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the January 2024 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

Farm Agility, Resilience & Strategic Risk

January 31, 2024

Purdue ag economists Brady Brewer, Michael Langemeier and Margaret Lippsmeyer discuss the importance of strategic risk management and the factors that contribute to a farm’s resilience In this episode of the Purdue Commercial AgCast.

Renewable Diesel Boom & Where Biofuels Are Headed

January 24, 2024

Host Brady Brewer discussed the “boom” in renewable diesel and its expected impact on the soybean market with Dr. Scott Irwin, a professor of agricultural economics at the University of Illinois, on the latest episode of the Purdue Commercial AgCast.

The Outlook for Corn & Soybeans

January 17, 2024

Host Brady Brewer provides a recap of Dr. Chad Hart’s presentation on the 2024 agricultural crop market outlook at the Purdue Top Farmer Conference on the latest episode of the Purdue Commercial AgCast. Dr. Hart, a professor and crop marketing specialist at Iowa State University, explores the shift to “normalcy” for crop prices and farm incomes in 2024.

Producer Sentiment, Farmland Value Expectations, and Farm Financial Performance

January 17, 2024

Farmland is by far and away the largest asset on most farm balance sheets. Given the importance of farmland prices to the financial health of farms, it is useful to explore factors that impact farmland price expectations. This article examines the relationship between producer sentiment, farmland value expectations, and farm financial performance.

2024 Purdue Top Farmer Conference

January 11, 2024

The Purdue Center for Commercial Agriculture welcomed nearly 250 farmers and agribusiness professionals to the 2024 Purdue Top Farmer Conference on Friday, January 5th. The annual farm management conference provided a great networking opportunity for top producers and industry professionals. View photos from the event now.