March 10, 2023
Financial & Risk Management Strategies for 2023 at Commodity Classic
Purdue ag economists James Mintert & Michael Langemeier shared key lessons from 2022 and help producers plan for the financial and risk management realities of 2023. Live from Orlando, Florida at the 2023 Commodity Classic Learning Center Session on March 9, 2023. The discussion featured the latest data from the Purdue University/CME Group Ag Economy Barometer. These results specifically focused on what farmers see happening with regard to their current financial situation, expected profitability in 2023, the desirability of making large investments in their farms, plans for expansion and their approach to risk management in these challenging times.
Video Markers:
00:00 Intro
01:36 Ag Economy Barometer Survey
27:18 Farm Growth
35:33 Farmland Values
46:47 Long-Run Farm Management Strategies for Success
55:01 Looking Ahead…Upside & Downside Risks
TAGS:
TEAM LINKS:
RELATED RESOURCES
Margaret Lippsmeyer, Michael Langemeier, James Mintert, and Nathan Thompson segment U.S. farms by farm resilience, management practices, and producer sentiment. This paper was presented at the Southern Agricultural Economics Meeting in Atlanta, Georgia in February.
READ MOREUPCOMING EVENTS
We are taking a short break, but please plan to join us at one of our future programs that is a little farther in the future.