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(Part 1) Indiana Farmland Values 2023 Update, AgCast 141 video podcast thumbnail

The Outlook for Corn & Soybeans

January 17, 2024

Host Brady Brewer provides a recap of Dr. Chad Hart’s presentation on the 2024 agricultural crop market outlook at the Purdue Top Farmer Conference on the latest episode of the Purdue Commercial AgCast. Dr. Hart, a professor and crop marketing specialist at Iowa State University, explores the shift to “normalcy” for crop prices and farm incomes in 2024.

Producer Sentiment, Farmland Value Expectations, and Farm Financial Performance

January 17, 2024

Farmland is by far and away the largest asset on most farm balance sheets. Given the importance of farmland prices to the financial health of farms, it is useful to explore factors that impact farmland price expectations. This article examines the relationship between producer sentiment, farmland value expectations, and farm financial performance.

2024 Purdue Top Farmer Conference

January 11, 2024

The Purdue Center for Commercial Agriculture welcomed nearly 250 farmers and agribusiness professionals to the 2024 Purdue Top Farmer Conference on Friday, January 5th. The annual farm management conference provided a great networking opportunity for top producers and industry professionals. View photos from the event now.

International Benchmarks for Corn Production

January 11, 2024

Examined yield, gross revenue, and cost for farms in the agri benchmark network from Argentina, Brazil, Canada, the Ukraine, and the United States.

Corn & Soybean Basis Continue to Strengthen

January 11, 2024

After starting the year with weaker than normal basis levels, corn and soybean basis are improving. The improvement in corn basis occurred much later than normal due to slow harvest progress from wet corn in many locations

Farm Bill Directions & Decisions

January 10, 2024

Join host Brady Brewer as he recaps Dr. Brad Lubben’s presentation on the 2024 ag policy outlook at the 2024 Purdue Top Farmer Conference. Dr. Lubben, an extension ag policy specialist at the University of Nebraska-Lincoln, navigates the complexities of the current farm bill landscape.

U.S Farmer Sentiment Stable As Inflation Expectations Subside

January 2, 2024

U.S. farmers’ sentiment changed very little in December compared to the preceding month. The Purdue University/CME Group Ag Economy Barometer recorded a reading of 114, just one point lower than a month earlier. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the December 2023 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

USDA Farm Income Forecast, December Update

December 20, 2023

Curious about the outlook for farm incomes in the coming year? Join host Brady Brewer in this podcast episode with Purdue ag economist Michael Langemeier as they discuss farm income projections outlined in USDA’s December Farm Income Forecast. Michael shares producer perspectives from the Ag Economy Barometer and takes a closer look on an Indiana case farm.

Corn and Soybean Basis Levels Remain Weaker than Normal but are Strengthening

December 11, 2023

Corn and soybean basis remains weaker than normal in many parts of the United States. For example, in Central Indiana corn basis the first week of December was $0.45/bu. under March ‘24 corn futures.

Farmer Sentiment Improves, Producers Credit Stronger Financial Conditions

December 5, 2023

Agricultural producers’ sentiment increased for the second consecutive month, as the Purdue University/CME Group Ag Economy Barometer index rose 5 points to a reading of 115, a 12% increase compared to the previous year. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the October 2023 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.