Commodity Classic

Commodity Classic 2021

Overview Slides + Resources Presented Agenda

Overview

The 2021 Special Edition of Commodity Classic was delivered digitally March 2-5, 2021. Purdue University Center for Commercial Agriculture and the CME Group presented a Learning Center Session on Wednesday, March 3 entitled Keys to Guiding Your Farm Through an Era of Tight Margins and Increased Risk. The recordings, slides, and resources discussed during the session are available for download under the ‘Slides + Resources Presented’ tab above.

In the session, the expert panel shared the key lessons from 2020 and helped producers plan for the financial and risk management realities of 2021. The discussion featured the latest data from the Purdue/CME Group Ag Economy Barometer, these results had specific focus on what farmers see happening with regard to their current financial situation, expected profitability in 2021, the desirability of making large investments in their farms, plans for expansion and their approach to risk management in these challenging times. Emphasis was placed on the role of technology adoption in improving farm profitability.

Slides + Resources Presented

Resources related to the Center’s Commodity Classic presentation:

Recorded opening session at Commodity Classic – Jim Mintert
Jason Henderson’s slidedeck, The Economic Recovery’s Impact on U.S. Agriculture (pdf)
- Recorded session at Commodity Classic – Jason Henderson
Michael Langemeier’s slidedeck, Net Return Prospects and Breakevens for Corn and Soybeans (pdf)
- Recorded session at Commodity Classic – Michael Langemeier
- Financial Management Series
- Agricultural Outlook – updated monthly with new USDA estimates and reports
Nathan Thompson’s slidedeck, Growing Your Digital Ag Strategy (pdf)
- Recorded session at Commodity Classic – Nathan Thompson
- Farm Data Usage in Commercial Agriculture
- Growing Your Digital Agriculture Strategy (video)
Fred Seamon’s slidedeck, Risk Management Tools for the 2021/22 New-Crop (pdf)
- CME Group
- Bonus session for Commodity Classic – Fred Seamon
Purdue University/CME Group Ag Economy Barometer (latest February report released March 2)
- Ag Economy Barometer February 2021 Survey Results (video)
- Ag Economy Barometer February 2021 Survey Results slidedeck (pdf)

Agenda

Wednesday, March 3, 2021 – 1:00 pm – 2:00 pm CST

Keys to Guiding Your Farm Through an Era of Tight Margins and Increased Risk

Sponsored by Purdue University Center for Commercial Agriculture and the CME Group

Jason Henderson, Associate Dean, College of Agriculture and Director of Purdue Extension – The Economic Recovery’s Impact on U.S. Agriculture

Michael Langemeier, Professor, Department of Agricultural Economics and Associate Director, Center for Commercial Agriculture – Net Return Prospects and Breakevens for Corn and Soybeans

Nathanael Thompson, Assistant Professor, Department of Agricultural Economics, Purdue University – Growing Your Digital Ag Strategy

Fred Seamon, Executive Director of Commodity Research and Product Development, CME Group – Risk Management Tools for the 2021/22 New-Crop

James Mintert, Professor, Department of Agricultural Economics, and Director, Center for Commercial Agriculture – Purdue University-CME Group Ag Economy Barometer, released March 2nd, and Insights into Ag Producers

Live discussion with questions for the panel

Speakers

Fred Seamon

Executive Director of Commodity Research and Product Development, CME Group

James Mintert

Director, Center for Commercial Agriculture, and Professor, Department of Agricultural Economics, Purdue University

Jason Henderson

Senior Associate Dean in the College of Agriculture, and Director of Purdue Extension, Purdue University

Michael Langemeier

Associate Director, Center for Commercial Agriculture and Professor, Department of Agricultural Economics, Purdue University

Nathanael Thompson

Associate Professor, Department of Agricultural Economics, Purdue University

PROGRAM DATES:

REGISTRATION:

Visit https://commodityclassic.com/ to learn more on the 2022 program.

LOCATION:

Is This Program For You?

This is not a Purdue University program, our faculty participated and presented in a Learning Center Session. Please visit the Commodity Classic website for more information or details on this program.
https://commodityclassic.com/