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Podcast
According to today’s (June 30) released numbers by USDA’s National Agricultural Statistics Service (NASS), the acreage estimate came in on the low end of expectations. Purdue ag economists James Mintert, Nathanael Thompson, and Michael Langemeier provide a discussion of the implications for corn and soybean markets following USDA’s release of the June Acreage report.
Recorded June 24 | Purdue ag economists Carson Reeling, Nathanael Thompson and James Mintert discussed the opportunities and challenges of the carbon markets for row crop producers.
Recorded June 14 | Purdue ag economists review USDA’s June Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
The Ag Economy Barometer declined 20 points in May to 158 which is the lowest barometer reading since September 2020 when the index stood at 156. Both principal sub-indices, the Index of Current Conditions and Index of Futures Expectations, declined also.
Recorded May 14 | Purdue ag economists review USDA’s May Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
Ag Economy Barometer Remains Strong; Producers Concerned About Possible Changes in Estate Tax Policy
The April reading of the Ag Economy Barometer was 178, virtually unchanged from a month earlier when the index stood at 177 and just 5 points below its all-time high of 183, which was set back in October. Compared to March, however, there was a small change in producers’ perspective on the ag economy as they became more optimistic about the future, while their appraisal of the current situation waned.
Recorded April 12 | Purdue ag economists review USDA’s April Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
The Ag Economy Barometer rose in March to 177, the highest reading for the barometer since the record high reading of 184 in October. Strong ag commodity prices and improved farm financial conditions continue to support the Ag Economy Barometer readings as we head into spring.
Purdue ag economists James Mintert, Nathanael Thompson, and Michael Langemeier focus on the corn and soybean outlook in light of USDA’s March Prospective Plantings and Grain Stocks reports.