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Pork Export Strength Reliant on China

World pork markets have been disrupted the last couple of years, first by African Swine Fever (ASF) in China followed by a U.S.-China trade dispute and then, in 2020, by the coronavirus.

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Is it Feasible for my Farm to Add an Operator or Hired Employee?

As a farm expands, it is important to evaluate the feasibility of adding an operator and/or hired employees as well as the feasibility of purchasing or renting additional land, and machinery and equipment.  The feasibility of augmenting labor on a farm depends on two critical factors: gross revenue and profitability.

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August Crop Production Report Panel Webinar

Recorded August 12, 2020 | Purdue Extension and United States Department of Agriculture (USDA) experts gathered virtually on August 12 to discuss the results of the 2020 USDA crop report and the current status of Indiana’s major cash crops.

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Indiana Farmland Values & Cash Rental Rates: 2020 Update Webinar

Recorded August 7, 2020 | Purdue ag economists Todd Kuethe, James Mintert, and Michael Langemeier discuss the latest Purdue Land Values Survey and USDA’s Land Values report.

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Ag Economy Barometer Stable, But Farmers Less Optimistic About Future

Farmer sentiment in July was virtually unchanged from a month earlier as the Purdue University-CME Group Ag Economy Barometer rose just one point to a reading of 118. Purdue ag economists James Mintert and Michael Langemeier review the results from the July 2020 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers.

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Indiana Farmland Values Increase But Signal Concern of Potential COVID-19 Slump

The COVID-19 pandemic will be the defining economic event of 2020. As documented in the previous Purdue Agricultural Economics Report, the pandemic has had a profound impact on the Indiana food and agriculture sector. Land is the farm sector’s largest input, and as a result, farmland values generally reflect broad trends in the costs and returns of agricultural production. The 2020 Purdue Land Values and Cash Rents Survey suggests that farmland prices across the State generally improved on a year-to-year basis.

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2020 Corn & Soybean Outlook Webinar

Recorded July 13, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide an updated ag outlook featuring information from USDA’s latest reports, balance sheet estimates, and updated crop condition information.

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Forecasting Eastern Corn Belt Corn & Soybean Basis

On this Purdue Commercial AgCast episode, Purdue ag economist Nathan Thompson joins Jim Mintert to discuss corn and soybean basis in the Eastern Corn Belt. Learn about the Crop Basis Tool, which is updated weekly, to forecast basis and provides regional corn and soybean basis information for Illinois, Indiana, Michigan and Ohio. They conclude with…

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Farmer Sentiment Rebounds Amidst Ongoing COVID-19 Concerns

Farmer sentiment improved for the second month in a row, rebounding from sharp declines that took place in both March and April. In this episode of Purdue Commercial AgCast, Purdue ag economists James Mintert reviews the results from the June 2020 Ag Economy Barometer, a nationwide monthly survey of 400 ag producers.

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Cover Crop Profitability

Cover crops can have agronomic benefits but also add costs. In this Purdue Commercial AgCast episode, Brady Brewer and Megan Hughes discuss profitability on 3 cover crops – annual ryegrass, cereal rye, and an oat/radish blend.

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