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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.
Read MoreThis article discussed recent trends in feed costs for laying hens. Current projections suggest that feed costs for 2023 will be slightly lower than those experienced in 2022.
Read MoreCorn prices are 25% higher and soybean meal prices are 1% higher. Given that many of the supply and demand factors impacting the 2022 crop are going to persist way into 2023, what are the prospects for feed costs for farrow-to-finish and swine finishing production in the upcoming year?
Read MoreMetrics that can be used to measure farm profitability include earnings before interest, taxes, and amortization (EBITA), net farm income, the operating profit margin ratio, return on assets, and return on equity. Each of these measures has its advantages and disadvantages. This article examines trends in net farm income and return on assets and its components for the U.S. farm sector.
Read MoreFarmer 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.
Read MoreRecorded 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.
Read MoreDue to weather and rapidly changing market conditions from year to year, farm income can vary substantially from one year to the next. For many producers, 2021 and 2022 have been relatively strong net farm income years. Therefore, tax planning strategies will be relatively important. This article briefly discusses some common tax planning strategies.
Read MoreThe balance sheet for the U.S. farm sector represents a marked improvement compared to the balance sheet in 2020. Both liquidity and solvency for the U.S. farm sector are relatively strong.
Read MoreBreakeven prices are helpful when making crop decisions and when marketing crops. Without breakeven price information, it is very difficult for a producer to gauge or evaluate market opportunities as crop prices change or make crop rotation decisions. Looking ahead to 2023, breakeven prices for corn and soybeans are 5-7% higher than those experienced in 2022.
Read MoreThe 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.
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