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The 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 More about Cover Crops and Farm Profitability in Central IndianaRecorded 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 More about Update on the Livestock and Meat SituationProcessing 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 More about COVID-19 Impacts on Pork and BeefRecorded 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 More about COVID-19’s Impacts on U.S. Food and Agriculture WebinarThis 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 More about Impact of COVID-19 on the Biofuels Industry and Implications for Corn and Soybean MarketsRecorded 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 More about Spring 2020 Crop Outlook WebinarRecent 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 More about U.S. Is A Pork Export PowerhouseThis 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 More about Deterioration of Working CapitalThe 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.
Read More about 2020 Crop Cost and Return GuideThe Commodity Classic learning center session presentation slidedeck by the Center’s James Mintert, Michael Langemeier and Jason Henderson, and CME Group’s Fred Seamon, given in San Antonio.
Read More about Farm Management Strategies in Times of Rising Volatility at Commodity Classic 2020