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Farmer Sentiment Rebounds at Year End on Stronger 2022 Income
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.Listen to this episode
Production Risk Management & Contingency Planning
In this second episode of a new series on Farm Risk Management, Jenna Nees, Ed Farris, and Michael Langemeier join Brady Brewer to discuss contingency planning for production risk. Minimizing risk through management practices, reducing production variability, and managing ways…Listen to this episode
December Corn & Soybean Outlook Update
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.Listen to this episode
Human Resource Risk Management & Contingency Planning
Farms and agribusinesses are confronted by many different types of risk, but consideration to human resource risk is overlooked by far too many. If critical functions cannot be completed due to a death, disability, disaster, divorce, or disagreement the farm…Listen to this episode
High Input Costs and Rising Interest Rates Top Concerns As Farmer Sentiment Remains Unchanged
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.
Tax Planning & Working Capital in a Strong Income Year
For many crop and livestock producers, 2021 and 2022 have been relatively strong net farm income years. Therefore, tax planning strategies will be relatively important. Purdue agricultural economists Brady Brewer and Michael Langemeier discuss strategies that maintain working capital in this episode of the Purdue Commercial AgCast.Listen to this episode
November Corn & Soybean Outlook Update
Recorded November 11 | Purdue ag economists discussed USDA’s November Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports and the current corn and soybean outlook.Listen to this episode
Ag Economy Barometer Declines Again, Producers Express Concern About Interest Rate Policy
Farmer sentiment weakened again in October as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 102, down 10 points compared to a month earlier. This month’s survey was conducted from October 10-14, 2022.Listen to this episode
October Corn & Soybean Outlook Update
Recorded October 14 | Purdue ag economists discussed USDA’s October Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports and the current corn and soybean outlook.Listen to this episode
The Purdue University-CME Group Ag Economy Barometer index drifted lower to a reading of 112 in September which was 5 points lower than a month earlier. This month’s survey was conducted from September 19-23, 2022. Purdue ag economists Michael Langemeier and James Mintert break down the results of the September 2022 Ag Economy Barometer survey.Listen to this episode