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General Farm Management & Strategy

October Corn & Soybean Outlook Update

Recorded Oct. 9, 2020 | Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert provide an updated corn and soybean outlook following release of USDA’s October Crop Production and World Agricultural Supply and Demand (WASDE) reports.

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Ag Barometer Rises as Crop Prices Rally and USDA Announces CFAP 2

Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the September 2020 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers. U.S. agricultural producers became more optimistic again in September as the Purdue University-CME Group Ag Economy Barometer climbed to 156, the highest reading for…

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Evaluating New Ventures and Enterprises

Several factors need to be considered when evaluating new ventures and enterprises. In addition to determining how a new venture or enterprise fits into the current operation, it is important to evaluate expected returns and risk, the cost and ease of entry and exit, and managerial requirements and complexity.

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Growing Your Digital Agriculture Strategy

Purdue ag economists Nathan Delay, Nathanael Thompson and James Mintert examine trends in digital ag technology usage by U.S. corn and soybean farms and identify technology usage patterns that have an impact on productivity and efficiency.

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Fall 2020 Crop Outlook Webinar

Recorded September 11, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert discussed USDA’s September Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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Conventional and Organic Enterprise Net Returns

This article uses FINBIN data from 2015 to 2019, to compare crop yields, gross revenue, total expense, and net returns for conventional and organic alfalfa, corn, oats, soybeans, and winter wheat.

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Farmer Sentiment Rebounds as Commodity Prices Rally and Agriculture Trade Prospects Improve

Purdue ag economists James Mintert and Michael Langemeier review the results from the August 2020 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers. The barometer and its two sub-indices all posted their most positive readings since February 2020 when record highs were established and before the pandemic began.

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Using Vendor and Trade Credit for Farm Purchases

Purdue University agricultural economist Brady Brewer is joined by Purdue Agricultural Economics graduate student Chad Fiechter and Kansas State agricultural economist Jennifer Ifft to discuss issues surrounding vendor and trade credit in the agricultural finance sector. There has been a lot of growth in farmer use of vendor and trade credit as terms and conditions…

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Thinking About Choosing A Marketing Advisor?

Farm operations often rely on consultants for a wide variety of services ranging from agronomic and animal nutrition services to tax and legal advice. But less common among farm operations is the use of a marketing advisor.

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Is it Feasible for my Farm to Add an Operator or Hired Employee?

As a farm expands, it is important to evaluate the feasibility of adding an operator and/or hired employees as well as the feasibility of purchasing or renting additional land, and machinery and equipment.  The feasibility of augmenting labor on a farm depends on two critical factors: gross revenue and profitability.

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