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General Farm Management & Strategy

Crop vs. Livestock Confidence: Why the Sentiment Gap Is Growing

February’s Ag Economy Barometer shows livestock producer sentiment nearly 40 points higher than crop producers, reflecting stronger current margins. In this Purdue Commercial AgBrief, Michael Langemeier explains the confidence gap, investment outlook, and why crop and livestock farms still share similar long-term growth and succession plans.

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AgCast 211: How Investors Are Buying Farmland, Lessons from the Delta, Part 3

Farmland investment platforms are creating new ways for investors to participate in agricultural land ownership. In this third episode of the Lessons From the Delta series, Colson Tester of AcreTrader explains how farmland opportunities are sourced, evaluated, and structured while local farmers continue operating the land.

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Farmer Confidence Edges Higher, But Future Expectations Fall

Farmer confidence continues to weaken as producers face tightening margins and growing uncertainty about the future. In this Purdue Commercial AgBrief, Michael Langemeier explains what the latest Ag Economy Barometer survey reveals about financial stress, capital investment plans, and how producers are adjusting expectations for the years ahead.

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Producer Sentiment, Farm Growth, and Transition Planning

The February 2026 Ag Economy Barometer reveals a sharp divergence in sentiment between crop and livestock producers, with livestock farms reporting substantially stronger confidence. Despite differences in current outlook and capital investment sentiment, long-term growth expectations and transition planning remain similar across farm types, highlighting continued focus on expansion and generational transfer.

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AgCast 210: Producer Sentiment Stabilizes, But Future Expectations Slip

In this episode of Purdue Commercial AgCast, Joana Colussi and Michael Langemeier discuss the February 2026 Purdue University–CME Group Ag Economy Barometer results. They share insights on the growing divide between crop and livestock sentiment, capital investment hesitation, farmland value expectations, farm growth trends, and what these signals mean for 2026 decision-making.

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Farmer Sentiment Rebounds, but Future Expectations Continue to Slide

Farmer sentiment improved in February as the Purdue University-CME Group Ag Economy Barometer Index rose from 113 points in January to 116. The Current Conditions Index increased by 11 points, while the Future Expectations Index dropped 1 point. Although concerns about agricultural exports moderated somewhat from the previous month, they are still higher than those expressed in December. In addition, the percentage of respondents who think the U.S. is headed in the “right direction” declined for the second month in a row.

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Lessons From the Delta, Part 2: Land Values, Capital Markets, and the Business of Rice

In Part 2 of the Lessons From the Delta series, Chad Fiechter and Todd Kuethe speak with Aaron Shew about farmland valuation, land market transparency, and rice payment systems. The discussion explores how limited sales data, capital intensity, and milling economics shape risk and long-term farm business decisions.

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Valuing Sweat Equity and Adding a Person to the Farm, Ag Engage Conference

Michael Langemeier presented at the Ag Engage Conference in Bloomington on February 19, 2026, on valuing sweat equity and adding a person to the farm.

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Lessons From the Delta, Part 1: What Midwestern Farmers Can Learn From Southern Agriculture

In this episode of the Purdue Commercial AgCast, we launch a new mini-series: Lessons From the Delta. After traveling to Arkansas and the Mississippi Delta region, Chad Fiechter and Todd Kuethe share what stood out most about crop diversity, irrigation intensity, farm structure, and regional economics.

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USDA’s First Forecast of the 2026 U.S. Farm Balance Sheet

USDA’s first 2026 Farm Income and Wealth Statistics release provides an early look at the U.S. farm balance sheet heading into the next production cycle. Farm assets and equity are projected to grow at the slowest pace since 2019–2020, while farm debt accumulation accelerates for the third time in four years. Non-real estate assets are expected to decline, driven by reductions in livestock and crop inventories, even as machinery investment continues rising. Key efficiency ratios remain near historic lows, signaling tighter production returns relative to asset values.

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