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Numerous factors are responsible for the surge in fertilizer prices. Each input used in production agriculture and in other industries has its own set of supply and demand fundamentals. However, input prices can also be affected by changes in general inflation.
Read More about Trends in General Inflation and Farm Input PricesRecorded April 12 | Purdue ag economists discussed the corn and soybean outlook following USDA’s April World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies.
Read More about April Corn & Soybean Outlook UpdateThe Purdue University-CME Group Ag Economy Barometer dipped to a reading of 113 in March, the weakest farmer sentiment reading since May 2020 which was in the early days of the pandemic. The March reading was 12 points lower than a month earlier and 36% lower than in March 2021. This month’s survey was conducted from March 14-18, 2022.
Read More about Ag Economy Barometer Slides Lower, Producers Concerned About War’s Impact on Input PricesPurdue agricultural economists Michael Langemeier, Nathan Thompson and James Mintert discussed the implications of the Prospective Plantings report from USDA-NASS which was released on March 31, 2022. Implications for 2022 crop corn and soybean production based on the report’s planted acreage estimates were discussed along with a “first pass” at what it might mean for carryover estimates into the 2023 crop year.
Read More about Corn & Soybean Prospective Plantings Report UpdateExamining the competitiveness of soybean production in different regions of the world is often difficult due to lack of comparable data and agreement regarding what needs to be measured. This paper examines the competitiveness of soybean production for important international soybean regions using 2016 to 2020 data from the agri benchmark network.
Read More about International Benchmarks for Soybean Production (2022)Exit Strategies slidedeck presentation by Michael Langemeier given in Salem on March 25, 2022.
Read More about Exit StrategiesThe Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2022 crop budget estimations for 2022.
Read More about 2022 Crop Cost and Return GuideRecorded March 11 | Purdue ag economists review USDA’s March World Agricultural Supply and Demand Estimates (WASDE) report.
Read More about March Corn & Soybean Outlook UpdateManaging risk is always important, but especially so this year. This episode of the Purdue Commercial AgCast is a great opportunity for producers to review their crop insurance choices for the upcoming season.
Read More about Crop Insurance Choices for 2022This paper examines the competitiveness of corn production for important international corn regions using 2016 to 2020 data from the agri benchmark network. The agri benchmark network collects data on beef, cash crops, dairy, pigs and poultry, horticulture, and organic products. There were 16 countries with corn data for 2020 represented in the cash crop network.
Read More about International Benchmarks for Corn Production (2022)