Purdue University Center for Commercial Agriculture

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September 23, 2020

Understanding USDA Farm Income Forecasts

The United States Department of Agriculture (USDA) releases a number of reports throughout the year. In this episode, Purdue agricultural economists Todd Kuethe and Brady Brewer discuss the latest September release of the USDA Farm Income Forecast report. Each year, USDA forecasts farm income in February and then releases four additional updates throughout the year as more data becomes available. This Purdue Commercial AgCast episode discusses the accuracy and bias of these forecasts along with how to interpret the adjustments.

TAGS:

business planning, USDA

TEAM LINKS:

Brady Brewer

Todd Kuethe

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Financial Management – Statements & Analysis

October 13, 2020

A series of financial management articles that examine financial statements and financial analysis. Financial management involves the evaluation of liquidity and solvency, financial planning, acquisition and use of financial resources, asset purchases and farm growth, and relationships with agricultural lenders.

October Corn & Soybean Outlook Update

October 9, 2020

Recorded Oct. 9 | Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert provide an updated corn and soybean outlook following release of USDA’s October Crop Production and World Agricultural Supply and Demand (WASDE) reports.

Evaluating New Ventures and Enterprises

October 2, 2020

Several factors need to be considered when evaluating new ventures and enterprises. In addition to determining how a new venture or enterprise fits into the current operation, it is important to evaluate expected returns and risk, the cost and ease of entry and exit, and managerial requirements and complexity.

November Corn & Soybean Outlook Update

Join us Wednesday, November 11 at 11:30 a.m. (EST) for an updated corn and soybean outlook immediately following release of USDA’s November Crop Production and World Agricultural Supply and Demand (WASDE) reports. Registration is free but necessary to receive the link to join live or get notice of the webinar recording.

Top Farmer Conference 2021

January 8, 2021 | virtual meeting

A management programs geared specifically for farmers. Surrounded by farm management, farm policy, agricultural finance and marketing experts, and a group of your peers, the conference will stimulate your thinking about agriculture’s future and how you can position your farm to be successful in the years ahead.

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