January Corn & Soybean Outlook Update

January 13, 2023

Nathan Thompson and Michael Langemeier joined James Mintert on this podcast to discuss new information from USDA’s January 2023 World Ag Supply & Demand Estimates (WASDE) report, which was released on January 12th. During the podcast they also provided an update on Eastern Corn Belt corn and soybean basis bids, marketing opportunities for both old and new crop corn and soybeans along with current breakeven estimates for corn and soybean production in 2023.

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2023 Top Farmer Conference Recap: Corn & Soybean Outlook with Iowa State’s Chad Hart

January 12, 2023

Dr. Chad Hart, crop marketing specialist from Iowa State University, joined Purdue’s Brady Brewer on January 6, 2023 at the Purdue Top Farmer Conference to discuss the key factors he is monitoring that will impact both the corn and soybean price outlook in 2023 and 2024.

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Cattle Finishing Net Returns Prospects for 2023

January 5, 2023

This article discussed recent trends in feeding cost of gain, the feeder to fed cattle price ratio, breakeven prices, and cattle finishing net returns. Average cattle finishing losses in 2022 were estimated to be approximately $70 per head.

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Farmer Sentiment Rebounds at Year End on Stronger 2022 Income

January 3, 2023

Producer sentiment improved sharply in December as the Purdue University-CME Group Ag Economy Barometer Index reading of 126 was 24 points higher than a month earlier. This month’s survey was conducted from December 5-9, 2022.

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Production Risk Management & Contingency Planning

December 28, 2022

In this second episode of a new series on Farm Risk Management, Jenna Nees, Ed Farris, and Michael Langemeier join…

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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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#ICYMI Farmer sentiment dips in February. Learn more on the Purdue University/@CMEGroup #AgBarometer at https://purdue.ag/barometer89.

The Dashboard for Agricultural Water Use & Nutrient Management (@DawnProj) is seeking #corn & #soybean producer feedback on newly-launched decision support tools.

Knowledge, experience, & collaboration work 🤝 w/ one another to improve farm productivity. But why do these 3 factors play such a critical role in farm performance? @PurdueAgEcon Michael Langemeier discusses strategic #riskmanagement. 👇

Follow @PUCommercialAg to see the latest farm management news.

Purdue Crop Cost and Return Guide
Making Your 2023 Crop Insurance Decision
Comparing Net Returns for Alternative Leasing Arrangements
Indiana Farmland Prices Grow at Record Pace in 2022, Purdue Land Values and Cash Rents Survey

Commodity Classic 2023

The Purdue University Center for Commercial Agriculture will present a Learning Center Session on Thursday, March 9 entitled Financial and Risk Management Strategies for 2023, at Commodity Classic in Orlando, Florida.

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Monthly Corn & Soybean Outlook Update

Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Catch the next monthly update on February 9 for the corn and soybean outlook following release of USDA’s February Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.

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