Cattle Finishing Net Returns in 2020
This article discussed recent trends in feeding cost of gain, the feeder to fed price ratio, breakeven prices, and cattle finishing net returns. Average cattle finishing losses in 2019 were estimated to be approximately $80 per head. Average losses for 2020 are projected to be approximately $85 per head.
Read MoreOperating Profit Margin Benchmarks
This article examines trends in the operating profit margin for a sample of farms over a ten-year period and develops financial performance benchmarks. Specifically, using KFMA whole-farm data for farms with continuous data from 2010 to 2019, the operating profit margin ratio is computed for each farm and year. Also, the operating profit margin ratio and corresponding farm characteristics are compared across financial performance quartiles.
Read MoreAg Barometer Rises as Crop Prices Rally and USDA Announces CFAP 2
Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the September 2020 Ag…
Read MoreEvaluating New Ventures and Enterprises
Several factors need to be considered when evaluating new ventures and enterprises. In addition to determining how a new venture or enterprise fits into the current operation, it is important to evaluate expected returns and risk, the cost and ease of entry and exit, and managerial requirements and complexity.
Read MoreUnderstanding USDA Farm Income Forecasts
USDA forecasts farm income in February and then releases four additional updates throughout the year as more data becomes available. In this episode of the Purdue Commercial AgCast, Purdue agricultural economists Todd Kuethe and Brady Brewer discuss the USDA Farm Income Forecast, which was updated on September 2, and the accuracy and bias of these forecasts along with how to interpret the adjustments.
Read MoreGrowing Your Digital Agriculture Strategy
Purdue ag economists Nathan Delay, Nathanael Thompson and James Mintert examine trends in digital ag technology usage by U.S. corn and soybean farms and identify technology usage patterns that have an impact on productivity and efficiency.
Read MoreFall 2020 Crop Outlook Webinar
Recorded September 11, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert discussed USDA’s September Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
Read MoreConventional and Organic Enterprise Net Returns
This article uses FINBIN data from 2015 to 2019, to compare crop yields, gross revenue, total expense, and net returns for conventional and organic alfalfa, corn, oats, soybeans, and winter wheat.
Read MoreFarmer Sentiment Rebounds as Commodity Prices Rally and Agriculture Trade Prospects Improve
Purdue ag economists James Mintert and Michael Langemeier review the results from the August 2020 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers. The barometer and its two sub-indices all posted their most positive readings since February 2020 when record highs were established and before the pandemic began.
Read MoreUsing Vendor and Trade Credit for Farm Purchases
Purdue University agricultural economist Brady Brewer is joined by Purdue Agricultural Economics graduate student Chad Fiechter and Kansas State agricultural…
Read MoreFollow @PUCommercialAg to see the latest farm management news.
Find out where we will be presenting next as we collaborate with others.