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This spreadsheet can be used to examine whether it is beneficial to use a cover crop. When evaluating cover crop use, we typically compare the potential improvement in crop yields, and fertilizer and other cost savings to the cover crop seed cost, the planting costs and potential termination costs for the cover crop.
Read MoreThis spreadsheet can be used to examine whether it is beneficial to apply fungicide to corn. Sensitivity analysis pertaining to the change in yield improvement, the change in corn price, change in the crop price discount, and the change in treatment and application cost can be conducted.
Read MorePurdue agricultural economists James Mintert and Brady Brewer discuss the latest December release of the USDA Farm Income Forecast report. Each year, United States Department of Agriculture (USDA) forecasts farm income in February and then releases additional updates throughout the year as more data becomes available. This Purdue Commercial AgCast episode discusses the latest updates to the 2020 forecast released by USDA on December 2nd.
Read MoreU.S. farmers’ sentiment weakened following the November 2020 elections, as the Purdue University-CME Group Ag Economy Barometer fell 16 points from a month earlier to a reading of 167. The decline in the Ag Economy Barometer was the result of weakened expectations for the future on the part of agricultural producers. Purdue ag economists James Mintert and Michael Langemeier review the results and give their insight on this episode of the Purdue Commercial AgCast.
Read MoreOn this Purdue Commercial AgCast episode, Dr. Michael Langemeier and Dr. Brady Brewer discuss the latest numbers from the Purdue Center for Commercial Agriculture’s decision tool along with tips on how to use this tool to make farm operating decisions.
Read MorePurdue ag economists James Mintert and Nathanael Thompson recorded a series of short videos to help you improve your crop marketing skills. This series reviews the importance of understanding basis when marketing crops, using historical data to forecast basis, using storage hedging to your advantage, knowledge of historical returns, and seasonal patterns in corn futures prices to improve returns.
Read MoreRecorded Nov. 11, 2020 | Purdue ag economists Nathanael Thompson and James Mintert provide an updated corn and soybean outlook immediately following release of USDA’s November Crop Production and World Agricultural Supply and Demand (WASDE) reports.
Read MoreFarmer sentiment hit a new record high in October as the Purdue University-CME Group Ag Economy Barometer climbed to a reading of 183, a 27-point increase compared to September. On this episode of the Purdue Commercial AgCast, Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the survey results.
Read MoreThis article examines differences in the characteristics for farms with a current ratio above and below 2.0. In addition, we examine the correlation between the current ratio and farm characteristics.
Read MoreWhat are and what drives the adoption of “enhanced conservation practices” on the farm? In this Purdue Commercial AgCast episode, Purdue agricultural economists Allan Gray and Brady Brewer discuss their recent research that examines the adoption practices of enhanced conservation practices.
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