Farmer Sentiment Remains Weak, Crop Producers Contemplating Acreage Shifts in 2023
Farmer sentiment remained weak in June as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 97, 2 points below its May reading. This month’s survey was conducted from June 13-17, 2022. The Purdue University-CME Group Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. Slides and audio transcript are available and can be found below.
Read MoreTrends in Working Capital
This article discusses recent trends in working capital and differences in working capital among farms, and provides working capital benchmarks. Data from USDA-ERS as well as the Center for Farm Financial Management in Minnesota is utilized.
Read MoreJune Corn & Soybean Outlook Update
Recorded June 13 | Purdue ag economists discussed the corn and soybean outlook following USDA’s June World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies.
Read MoreFarmer Sentiment Plummets As Production Costs Skyrocket
The Purdue University-CME Group Ag Economy Barometer plummeted in May to a reading of just 99, the weakest farmer sentiment reading since April 2020. The May 2022 barometer reading marked just the 9th time since data collection began in fall 2015 that the overall measure of farmer sentiment fell below 100. This month’s survey was conducted from May 16-20, 2022. Slides and a transcript from the discussion are available.
Read MoreFarm Succession: Exiting the Business In a Timely Manner
How soon should you start succession planning? What are important things to think about that need transferred? What makes a…
Read MoreNontraditional Lenders and their Impact on the Agricultural Credit Markets
In this episode Purdue associate professor and agricultural economist Dr. Brady Brewer along with a panel of experts discuss various…
Read MoreExplaining Fluctuations in DDG Prices
Distiller’s dried grains (DDGs) are a co-product of dry-milled ethanol production. U.S. ethanol plants have the capacity to produce more than 17 billion gallons of ethanol and 35 million tons of DDG (Ag MRC). DDGs from corn contain, on average, 30 percent protein, 10 percent fat, and 7 percent fiber.
Read MoreMay Corn & Soybean Outlook Update
Recorded May 16 | Purdue ag economists discussed the corn and soybean outlook following USDA’s May World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies.
Read MoreAgricultural Job Market & the Purdue Ag Jobs Dashboard
Wondering what the current agriculture job market is?
In this episode Purdue University Center for Commercial Agriculture’s ag economists Brady Brewer and Nathan Delay discuss the agricultural job market and the Purdue University’s Department of Agriculture Economics Ag Jobs Dashboard from research conducted by grad student Doug Abney.
The dashboard is an overview of monthly data collected of the agricultural job market over time, starting the summer of 2021. Slides and a transcript from the discussion are available.
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