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General Farm Management & Strategy
The Purdue University-CME Group Ag Economy Barometer dipped to a reading of 113 in March, the weakest farmer sentiment reading since May 2020 which was in the early days of the pandemic. The March reading was 12 points lower than a month earlier and 36% lower than in March 2021. This month’s survey was conducted from March 14-18, 2022.
Read More about Ag Economy Barometer Slides Lower, Producers Concerned About War’s Impact on Input PricesPurdue agricultural economists Michael Langemeier, Nathan Thompson and James Mintert discussed the implications of the Prospective Plantings report from USDA-NASS which was released on March 31, 2022. Implications for 2022 crop corn and soybean production based on the report’s planted acreage estimates were discussed along with a “first pass” at what it might mean for carryover estimates into the 2023 crop year.
Read More about Corn & Soybean Prospective Plantings Report UpdateExit Strategies slidedeck presentation by Michael Langemeier given in Salem on March 25, 2022.
Read More about Exit StrategiesRecorded March 11 | Purdue ag economists review USDA’s March World Agricultural Supply and Demand Estimates (WASDE) report.
Read More about March Corn & Soybean Outlook UpdateManaging risk is always important, but especially so this year. This episode of the Purdue Commercial AgCast is a great opportunity for producers to review their crop insurance choices for the upcoming season.
Read More about Crop Insurance Choices for 2022The Purdue University-CME Group Ag Economy Barometer rose 6 points in February to 125, matching the sentiment index’s reading from December. This month’s survey was conducted from February 14-18 2022, which was just prior to Russia’s invasion of Ukraine.
Read More about Farmer Sentiment Rises During Commodity Price Rally; Concern Over Production Costs RemainsMichael Langemeier presented on Farm Bill and Crop Insurance Options for 2022 in Shelby county. ARC-IC, ARC-CO, and PLC farm bill program options, as well as RP, SCO, and ECO insurance products were discussed.
Read More about Farm Bill and Crop Insurance OptionsRecorded February 10 | Purdue ag economists review USDA’s February Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
Read More about February Corn & Soybean Outlook UpdateFarmer sentiment weakened in January as the Purdue University/CME Group Ag Economy Barometer declined 6 points to 119, down from 125 a month earlier. This month’s decline leaves the barometer just three points higher than in November and is the second-lowest sentiment reading since July 2020.
Read More about Ag Economy Barometer Declines, Producers Concerned About Rising Costs and Supply Chain DisruptionsMichael Langemeier presented Incorporating Conservation Provisions into Crop Leases at the Great Lake Crops Summit in Mt. Pleasant, Michigan.
Read More about Incorporating Conservation Provisions into Crop Leases, Great Lake Crops Summit