USDA Farm Income Forecast, August Update

September 13, 2023

Join us in this Purdue Commercial AgCast episode as we dive into the latest USDA farm income forecast released in August 2023. Discover the factors behind a notable 23% drop in net farm income and gain insights into the impact on various commodities, from corn and soybeans to wheat, and even cow-calf operations.

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Déjà vu: Low Mississippi River Levels and Rising Barge Rates May Affect Grain Markets Again this Fall

September 8, 2023

Dry and hot conditions this year are again contributing to lower than normal river levels and, as a result, increasing barge rates. This is certainly something producers will want to pay attention to this fall.

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Factors Impacting Succession Planning

September 7, 2023

Farms with succession plans tend to use financial ratios and standard operating procedures, evaluate crop pricing performance, operate larger farms, are more resilient to strategic risk, and their operators are more highly educated. Overall, farms that employ better management practices tend to have greater implementation of succession plans.

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Farmer Sentiment Dips Amid Weaker View of Current Conditions

September 5, 2023

Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the August 2023 Purdue University-CME Group Ag Economy Barometer survey. Producer sentiment was notably lower in August, as the Purdue University/CME Group Ag Economy Barometer index dipped 8 points to a reading of 115. This month’s Ag Economy Barometer survey was conducted from August 14-18, 2023.

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Conventional and Organic Enterprise Net Returns

August 29, 2023

Comparing crop yields, gross revenue, total expense, and net returns for conventional and organic alfalfa, corn, oats, soybeans, and winter wheat using FINBIN data.

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Financing Amid Rate Ripples, an Ag Credit Update

August 15, 2023

Discover how interest rates impact farming decisions, machinery choices, and the value of farmland. In this ag credit update podcast, Purdue ag economists Brady Brewer and Michael Langemeier discuss recent inflation trends, interest rate trajectories, loan markets and the ripple effects at the farm.

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The Index of Indiana Farm Real Estate

August 11, 2023

Index Numbers of Indiana Farm Real Estate Values, August 2023 update. Compiled by Todd Kuethe, Craig Dobbins and J.H. Atkinson, Purdue Agricultural Economics.

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Comparing Net Returns for Alternative Leasing Arrangements

August 10, 2023

This article used a case farm in west central Indiana to compare the net return to land for crop share, fixed cash rent, and flexible cash leases. The average net returns to land from a landowner perspective were similar among the three lease arrangements.

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Farm Lease Types, Side X Side Digital Webinar

August 8, 2023

Michael Langemeier introduced the types of leases (cash rent, flex rent, and share rent) and discussed the advantages and disadvantages of each leasing arrangement during the August 2, 2023 Side By Side Digital Webinar. A comparison with risk/return tradeoffs between lease types was also included in the webinar discussion.

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Forecasting New Crop Basis Bids for Fall 2023

August 7, 2023

We are now in the final weeks of the 2022-2023 crop marketing year, and after what has been a wild year for corn and soybean basis, basis bids for old crop corn and soybeans have largely settled and are in alignment with historical values for this time of year in most regions across the eastern Corn Belt.

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(Part 2) Indiana Farmland Cash Rental Rates 2023 Update, AgCast 142 video podcast thumbnail
(Part 1) Indiana Farmland Values 2023 Update, AgCast 141 video podcast thumbnail
Purdue Indiana Farmland Values & Cash Rental Rates Survey Report, Purdue Agricultural Economics Report: August 2023
2023 Farm Custom Rates for Indiana
Crop Insurance 2023 Decision text with James Mintert and Michael Langemeier's photos in front of a corn field at sunset used as thumbnail image for video of Purdue Commercial AgCast podcast episode

Commodity Classic 2024

The Purdue University Center for Commercial Agriculture will present a Learning Center Session on Thursday, February 29 entitled Positioning Your Farm for Long-Term Success during Commodity Classic in Houston, Texas.

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Find out where we will be presenting next as we collaborate with others.