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Examining 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)Russia’s invasion of Ukraine in late February disrupted world supplies of several key agricultural commodities, including corn. Some readers were likely surprised to learn that Ukraine is an important supplier of corn to the world.
Read More about Understanding the Corn Market’s Response to War in UkraineThe Purdue University-CME Group Ag Economy Barometer rose 6 points in February to 125, matching the sentiment index’s reading from December. This month’s survey was conducted from February 14-18 2022, which was just prior to Russia’s invasion of Ukraine.
Read More about Farmer Sentiment Rises During Commodity Price Rally; Concern Over Production Costs RemainsMichael Langemeier presented on Farm Bill and Crop Insurance Options for 2022 in Shelby county. ARC-IC, ARC-CO, and PLC farm bill program options, as well as RP, SCO, and ECO insurance products were discussed.
Read More about Farm Bill and Crop Insurance OptionsExports of U.S. pork to all destinations in 2021 declined modestly (3%) when compared to 2020, but export volume in 2021 was still the second largest on record. U.S. pork production declined 2% in 2021 to 27.7 billion pounds so pork exports, at just over 7 billion pounds, equated to 25% of U.S. pork production.
Read More about Exports Continue to Be A Bright Spot for U.S. Pork Sector