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2023 Top Farmer Conference Recap: Land Values

Purdue’s Brady Brewer was joined by R.D. Schrader, President of Schrader Real Estate and Auction Co., and Howard Halderman, President and CEO of Halderman Real Estate and Farm Management at the 2023 Purdue Top Farmer Conference to discuss land values. In this episode, Brewer, Schrader and Halderman give insights into what is in store for the farmland market, how interest rates may impact farmland markets, and the impact of institutional buyers. 

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Price Distribution Tool

The Illinois Price Distribution Tool, by Farmdoc, uses current option market prices to derive estimates of the probability distribution of prices at the expiration of an underlying corn and soybean futures contracts.

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January Corn & Soybean Outlook Update

Nathan Thompson and Michael Langemeier joined James Mintert on this podcast to discuss new information from USDA’s January 2023 World Ag Supply & Demand Estimates (WASDE) report, which was released on January 12th. During the podcast they also provided an update on Eastern Corn Belt corn and soybean basis bids, marketing opportunities for both old and new crop corn and soybeans along with current breakeven estimates for corn and soybean production in 2023.

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2023 Top Farmer Conference Recap: Corn & Soybean Outlook with Iowa State’s Chad Hart

Dr. Chad Hart, crop marketing specialist from Iowa State University, joined Purdue’s Brady Brewer on January 6, 2023 at the Purdue Top Farmer Conference to discuss the key factors he is monitoring that will impact both the corn and soybean price outlook in 2023 and 2024.

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Cattle Finishing Net Returns Prospects for 2023

This article discussed recent trends in feeding cost of gain, the feeder to fed cattle price ratio, breakeven prices, and cattle finishing net returns. Average cattle finishing losses in 2022 were estimated to be approximately $70 per head.

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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.

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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 to transfer some of the production risk should be reevaluated every year. Implementing diversification, flexibility,…

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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.

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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 business cannot operate at full efficiency. One way to combat HR risk is by writing…

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U.S. Farm Sector Capital Expenditures

In response to relatively strong net farm income during the last three years, real capital expenditures have increased approximately 32 percent. Whether capital expenditures continue to increase depends on future net farm income prospects as well as factors such as interest rates, machinery inventories, and machinery and building prices.

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