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Recent Resources

Commodity Price Outlook and Interest Rate Concerns Cloud Farmer Sentiment

April 4, 2023

Purdue ag economist James Mintert and Michael Langemeier break down the March Purdue University-CME Group Ag Economy Barometer and share some insights into farmer sentiment. This month’s survey was conducted from March 13-17, 2023.

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Prospective Plantings Report Update

March 31, 2023

On March 31st USDA released the 2023 Prospective Plantings and the March Grain Stocks reports. Purdue ag economists James Mintert and Michael Langemeier reviewed the information contained in both reports and discussed implications for the corn and soybean outlook in 2023.

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Crop Basis Tool

March 24, 2023

The Purdue Center for Commercial Agriculture Crop Basis Tool is a web-based tool that provides access to weekly historical and contemporaneous corn and soybean basis data for local market regions in the eastern corn belt.

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2023 Crop Cost and Return Guide

March 24, 2023

The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2023 crop budget estimations for 2023.

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2023 Indiana Farm Custom Rates

March 24, 2023

The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana. Purdue Extension Educators distributed the questionnaires at meetings and events statewide during the last month of 2022 and the first three months of 2023. Respondents were asked to report custom rates they had either paid or received during the past year.

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Ag Economy Outlook & Financial and Risk Management Strategies for 2023

March 21, 2023

Slidedeck presentation by James Mintert given in Kokomo, Indiana on March 21, 2023.

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Financial & Risk Management Strategies for 2023 at Commodity Classic

March 10, 2023

Purdue ag economists James Mintert & Michael Langemeier shared key lessons from 2022 and help producers plan for the financial and risk management realities of 2023. Live from Orlando, Florida at the 2023 Commodity Classic Learning Center Session on March 9, 2023.

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Farmer Sentiment Dips in February

March 7, 2023

Purdue ag economist James Mintert and Michael Langemeier break down the February Purdue University-CME Group Ag Economy Barometer and share some insights into the farmer sentiment dip. The Ag Economy Barometer dipped 5 points in February to a reading of 125. Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future both weakened. This month’s survey was conducted from February 13-17, 2023.

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Financial Risk Management & Contingency Planning

March 2, 2023

Farming is never the same from year to year – sometimes prices are good, net farm income is high, and other times margins are tight. Planning ahead, or contingency planning for financial hardship is important for any farm operation. How to evaluate farm financials, update financial statements, analyze performance, and when borrowing makes sense.

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Upcoming Events

Purdue Flexible Lease Workshop

September 16 at 7 pm or September 23 at 9 am

The Flexible Lease virtual Workshop, presented by the Purdue Extension Land Lease Team, will include a presentation and discussion to help you decide if a flexible land lease arrangement is right for your farm.

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Faculty Speaking Events

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

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