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General Farm Management & Strategy
For the second month in a row, the Ag Economy Barometer declined sharply, falling to a reading of 137, which was 21 points below a month earlier, and the weakest ag producer sentiment reading since July 2020. Producers in June
Read More about Ag Economy Barometer falls for second month; rising input costs causing concern for farmersAlternatives for addressing climate change are varied (McKinsey and Company, 2009). Here we specifically discuss one such alternative that is receiving increasing attention: sequestering carbon in agricultural soils.1 The soil carbon pool plays an important role in the global carbon cycle. However, the expansion of agriculture and modern agricultural practices have contributed to the release of soil carbon into the atmosphere.
Read More about Opportunities and Challenges Associated with “Carbon Farming” for U.S. Row-Crop ProducersRecorded 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.
Read More about Carbon Markets for U.S. Row Crop Producers: Opportunities and ChallengesRecorded June 14 | Purdue ag economists review USDA’s June Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
Read More about June Corn & Soybean Outlook UpdateThe 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.
Read More about Ag Economy Barometer Declines Sharply; Producers Remain Bullish on Farmland ValuesAn eleven-episode podcast series on farm succession/transition planning. Purdue ag economists Brady Brewer hosts members from the Purdue Farm Transition team and the Purdue Institute of Family Business to discuss topics related to succession planning.
Read More about Farm Succession/Transition Planning SeriesRecorded May 14 | Purdue ag economists review USDA’s May Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.
Read More about May Corn & Soybean Outlook UpdateAg 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.
Read More about Ag Economy Barometer Remains Strong; Producers Concerned About Possible Changes in Estate Tax PolicyThe rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana. Purdue Extension educators and specialists developed the questionnaire. Purdue Educators distributed the questionnaires at meetings and events statewide during the last month of 2020 and the first three months of 2021.
Read More about 2021 Indiana Farm Custom RatesPrecision agriculture utilizes biotechnology and nutritional technology; monitoring, measuring, and information technology; and process control technology to increase resource efficiency, reduce input cost, and/or improve product value. This series of articles will discuss precision agricultural technologies, potential payoffs of using these technologies, and the capabilities and skills that will be needed to manage these technologies.
Read More about Precision Agriculture and Technology