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Swine Finishing Feed Cost Prospects

Corn prices have been quite volatile in 2019. Corn prices in Indiana were approximately $3.70 per bushel in April, $4.55 in July, and $3.90 in December. Given the uncertainty regarding what gets planted to large amount of acres that were not planted in 2019 (i.e., prevent plant acres), corn prices are likely to also be volatile in 2020.

Trends in the Soybean to Corn Price Ratio

Using Indiana cash prices reported by USDA-NASS, the soybean to corn price ratio was quite variable in 2019 ranging from 1.93 in July to 2.37 in January. This leads to two important questions. How common or uncommon is it for this ratio to be substantially above or below the long-run average? Does a low or high ratio signal a change in the relative profitability between corn and soybeans?

Farm Data Usage in Commercial Agriculture

This survey provides a useful glimpse into the farm data lifecycle from collection to action to evaluation. We find that among large commercial corn and soybean operations, data collection is common (92% collect at least one type of farm data) and that collection is strongly related to farm characteristics.

2020-01 Ag Outlook

Agribusiness Council of Indiana presentation by James Mintert.

Farm Bill 2020 Decision Making Resources

We’ve compiled a few resources to aid in your Farm Bill 2020 decisions.

Farm Bill 2020 Decision Making Webinar

Recorded January 16, 2020 | Purdue agricultural economists, Michael Langemeier and James Mintert, and Kaitlin Myers, State Agricultural Program Specialist from USDA’s Indiana Farm Service Agency, discuss options for enrolling your farm in the 2018 Farm Bill program. Slides, the video recording, and the University of Illinois spreadsheet tool presented during the webinar are available. Updated and more detailed ARC-IC info is available here.

Making Your 2020 Farm Bill Decisions

Farm Bill webinar slidedeck presentation by Michael Langemeier and James Mintert, and Kaitlin Myers, State Agricultural Program Specialist from USDA’s Indiana Farm Service Agency. A discussion on options for enrolling your farm in the 2018 Farm Bill program by the March 15, 2020 deadline.

Ag Survivor Workshop

Top Farmer 2020 pre-conference workshop by John Hewlett, Ranch/Farm Management Specialist, University of Wyoming and Jay Parson, Associate Professor of Agricultural Economics, University of Nebraska-Lincoln. Link to the Right Risk Ag Survivor online workshop.

Ag Outlook: Looking Beyond the 2020 Crop Year

Top Farmer 2020 slidedeck presentation by Chad Hart, Associate Professor of Economics, Iowa State University. Examine the current outlook for corn and soybeans, but also take a longer view of what’s ahead for the U.S. ag economy and the management implications for the next several years.

Farmland Values: Where Do We Go From Here?

Top Farmer 2020 slidedeck presentation by Todd Kuethe, Associate Professor, Schrader Endowed Chair in Farmland Economics, Explore recent trends in farmland markets in Indiana and across the Corn Belt and closely examine returns to farmland, the cost of capital, and both the short-run and long-term prospects for farmland prices.

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