Farm Management Tour: July 17, 2024

Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.

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Recent Resources

December Corn & Soybean Outlook Update

December 19, 2022

Recorded 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.

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Human Resource Risk Management & Contingency Planning

December 14, 2022

Farms and agribusinesses are confronted by many different types of risk, but consideration to human resource risk is overlooked by…

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U.S. Farm Sector Capital Expenditures

December 6, 2022

In response to relatively strong net farm income during the last three years, real capital expenditures have increased approximately 32 percent. Whether capital expenditures continue to increase depends on future net farm income prospects as well as factors such as interest rates, machinery inventories, and machinery and building prices.

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High Input Costs and Rising Interest Rates Top Concerns As Farmer Sentiment Remains Unchanged

December 6, 2022

Farmer sentiment was unchanged in November as the Purdue University-CME Group Ag Economy Barometer Index came in at a reading of 102, the same as in October. There was however a slight shift in underlying sentiment as the Index of Current Conditions declined 3 points this month to a reading of 98 while the Index of Future Expectations rose 2 points to 104.
This month’s survey was conducted from November 14-18, 2022.

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U.S. Corn Exports Off to A Weak Start

November 23, 2022

While the volume of corn exported is much smaller than that used for domestic livestock feeding or for ethanol production, exports remain an important usage category for U.S. corn. Over the last five years U.S. corn exports have accounted for an average of 16% of total U.S. corn usage, ranging from a high of 19% in the 2020 crop year to a low of 13% in the 2019 crop year.

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River Levels and Barge Rates Impacting Corn and Soybean Basis

November 23, 2022

Crop 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.

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Tax Planning & Working Capital in a Strong Income Year

November 23, 2022

For many crop and livestock producers, 2021 and 2022 have been relatively strong net farm income years. Therefore, tax planning strategies will be relatively important. Purdue agricultural economists Brady Brewer and Michael Langemeier discuss strategies that maintain working capital in this episode of the Purdue Commercial AgCast.

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November Corn & Soybean Outlook Update

November 11, 2022

Recorded 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.

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Feed Cost Indices for Laying Hens in 2023

November 1, 2022

This article discussed recent trends in feed costs for laying hens.  Current projections suggest that feed costs for 2023 will be slightly lower than those experienced in 2022.

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Prospects for Swine Feed Costs in 2023

November 1, 2022

Corn prices are 25% higher and soybean meal prices are 1% higher. Given that many of the supply and demand factors impacting the 2022 crop are going to persist way into 2023, what are the prospects for feed costs for farrow-to-finish and swine finishing production in the upcoming year?

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Upcoming Events

Purdue Farm Management Tour & Indiana Master Farmer Reception 2024

Two outstanding farms in east-central Indiana will host visitors wanting to learn about farm and crop management on July 17th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.

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Faculty Speaking Events

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

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