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Coronavirus concerns, commodity price declines, and supply-chain disruptions sink producer sentiment to a three-year low. Purdue ag economists Michael Langemeier and James Mintert discuss the April Purdue University/CME Group Ag Economy Barometer on this episode of the Purdue Commercial AgCast.
Read MoreThe addition of cover crops to a farm’s agricultural system can have significant impacts on the bottom line of the business. Despite strong agronomic evidence of the positive impact cover crops have on soil health, farmers are often hesitant to adopt cover crops.
Read MoreRecorded April 28, 2020 | Purdue ag economists Jayson Lusk and James Mintert review the shifts in pork and beef production resulting from COVID-19 along with the impact these shifts have had on U.S. wholesale beef and pork prices as well as prices for cattle and hogs.
Read MoreProcessing plant closures sharply reduced livestock slaughter volume for both cattle and hogs in recent weeks. Federally inspected cattle slaughter the week ending April 25th, at 469 thousand head, was down 27% compared both to the first week of 2020 and the same week a year earlier.
Read MoreRecorded April 20, 2020 | Purdue ag economists Jayson Lusk, Michael Langemeier, and James Mintert examine COVID-19’s impact on U.S. food and agriculture.
Read MoreThis report shows that the spread of COVID-19 in the U.S. is expected to reduce the demand for both corn and soybeans due to reductions in demand for ethanol and soy biodiesel.
Read MoreRecorded April 1, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide updated information from USDA’s March 31st release of their Prospective Plantings and Grain Stocks reports along with implications of COVID-19 on the outlook for corn and soybeans.
Read MoreRecent disruptions to economic activity around the world as a result of the Corona virus have served to reemphasize the importance of trade to the U.S. pork industry. Trade in pork products has grown as the U.S. has turned into a pork export powerhouse.
Read MoreThis article discusses recent trends in working capital and differences in working capital among farms, and provides working capital benchmarks. Data from USDA-ERS, the Kansas Farm Management Association, and the Center for Farm Financial Management in Minnesota is utilized.
Read MoreThe Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2020 crop budget estimations for 2020.
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