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Recent Resources

Ag Economy Barometer falls for second month; rising input costs causing concern for farmers

July 6, 2021

For the second month in a row, the Ag Economy Barometer declined sharply, falling to a reading of 137, which…

USDA Acreage Report & June 30th Outlook Update

June 30, 2021

According to today’s (June 30) released numbers by USDA’s National Agricultural Statistics Service (NASS), the acreage estimate came in on the low end of expectations. Purdue ag economists James Mintert, Nathanael Thompson, and Michael Langemeier provide a discussion of the implications for corn and soybean markets following USDA’s release of the June Acreage report.

International Benchmarks for Soybean Production (2021)

June 30, 2021

This paper examined yield, gross revenue, and cost for farms in the agri benchmark network from Argentina, Brazil, Russia, the Ukraine, and the United States with soybean enterprise data. Yield, gross revenue, and cost were substantially higher for the U.S. farms.

Opportunities and Challenges Associated with “Carbon Farming” for U.S. Row-Crop Producers

June 28, 2021

Alternatives for addressing climate change are varied (McKinsey and Company, 2009). Here we specifically discuss one such alternative that is receiving increasing attention: sequestering carbon in agricultural soils.1 The soil carbon pool plays an important role in the global carbon cycle. However, the expansion of agriculture and modern agricultural practices have contributed to the release of soil carbon into the atmosphere.

Carbon Markets for U.S. Row Crop Producers: Opportunities and Challenges

June 24, 2021

Recorded June 24 | Purdue ag economists Carson Reeling, Nathanael Thompson and James Mintert discussed the opportunities and challenges of the carbon markets for row crop producers.

June Corn & Soybean Outlook Update

June 14, 2021

Recorded June 14 | Purdue ag economists review USDA’s June Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

International Benchmarks for Corn Production (2021)

June 4, 2021

Examining the competitiveness of corn production in different regions of the world is often difficult due to lack of comparable data and agreement regarding what needs to be measured. This paper examines the competitiveness of corn production for important international corn regions using 2015 to 2019 data from the agri benchmark network.

Ag Economy Barometer Declines Sharply; Producers Remain Bullish on Farmland Values

June 1, 2021

The Ag Economy Barometer declined 20 points in May to 158 which is the lowest barometer reading since September 2020 when the index stood at 156. Both principal sub-indices, the Index of Current Conditions and Index of Futures Expectations, declined also.

Pork Cutout Futures Provide New Risk Management Tool

May 26, 2021

Although lean hog futures prices and pork cutout values are correlated, they can diverge significantly at times leading to interest in developing a risk management tool that more closely matches the price series used in many cash contracts. Recently CME Group launched pork cutout futures and options in an attempt to address this challenge.

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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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