As one of the most successful and longest-running management programs specifically crafted for farmers, the Purdue Top Farmer Conference is a one-day event for agricultural producers and agribusiness professionals looking to navigate the complexities of today's agricultural landscape. Participants will have the opportunity to network with peers and hear from farm management experts and agricultural economists from Purdue, Farm Credit Services of America, the University of Illinois Urbana-Champaign and Acres, a land value data analytics company.
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Crops
Associate Professor of Agricultural Economics at the University of Kentucky Tyler Mark joined Purdue’s Brady Brewer at the 2023 Top Farmer Conference to discuss the machinery market. In this episode, the two discuss key factors related to machinery prices, and what buyers should be thinking about as they make equipment purchase decisions in 2023 and 2024.
Read MorePurdue’s Brady Brewer was joined by R.D. Schrader, President of Schrader Real Estate and Auction Co., and Howard Halderman, President and CEO of Halderman Real Estate and Farm Management at the 2023 Purdue Top Farmer Conference to discuss land values. In this episode, Brewer, Schrader and Halderman give insights into what is in store for the farmland market, how interest rates may impact farmland markets, and the impact of institutional buyers.
Read MoreThe Illinois Price Distribution Tool, by Farmdoc, uses current option market prices to derive estimates of the probability distribution of prices at the expiration of an underlying corn and soybean futures contracts.
Read MoreNathan Thompson and Michael Langemeier joined James Mintert on this podcast to discuss new information from USDA’s January 2023 World Ag Supply & Demand Estimates (WASDE) report, which was released on January 12th. During the podcast they also provided an update on Eastern Corn Belt corn and soybean basis bids, marketing opportunities for both old and new crop corn and soybeans along with current breakeven estimates for corn and soybean production in 2023.
Read MoreDr. Chad Hart, crop marketing specialist from Iowa State University, joined Purdue’s Brady Brewer on January 6, 2023 at the Purdue Top Farmer Conference to discuss the key factors he is monitoring that will impact both the corn and soybean price outlook in 2023 and 2024.
Read MoreIn this second episode of a new series on Farm Risk Management, Jenna Nees, Ed Farris, and Michael Langemeier join Brady Brewer to discuss contingency planning for production risk. Minimizing risk through management practices, reducing production variability, and managing ways to transfer some of the production risk should be reevaluated every year. Implementing diversification, flexibility,…
Read MoreRecorded December 19 | Purdue ag economists discuss a longer-term view of the changing cost structure facing corn and soybean prices, key factors likely to impact corn and soybean prices in 2023 and discussed how to use scenario’s when analyzing price risk and making marketing decisions.
Read MoreWhile the volume of corn exported is much smaller than that used for domestic livestock feeding or for ethanol production, exports remain an important usage category for U.S. corn. Over the last five years U.S. corn exports have accounted for an average of 16% of total U.S. corn usage, ranging from a high of 19% in the 2020 crop year to a low of 13% in the 2019 crop year.
Read MoreCrop basis levels in many areas have been on a wild ride this fall. Several related factors have contributed to large swings in basis. Most notably, dry conditions in many areas have caused Mississippi River levels to drop.
Read MoreRecorded November 11 | Purdue ag economists discussed USDA’s November Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports and the current corn and soybean outlook.
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