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General Farm Management & Strategy

Marketing Risk Management & Contingency Planning

Product, price, place, and promotion are important in marketing to current and potential buyers. In this episode, a continuation of the Farm Risk Management podcast series, Ariana Torres, Renee Wiatt, and Jenna Nees join Brady Brewer to discuss contingency planning for marketing risk management. 

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Social Media Risk Management & Contingency Planning

Farms and agribusinesses are confronted by many different types of risk in today’s market, including social media. In this third episode in the Farm Risk Management podcast series, Purdue University’s Jenna Nees, Renee Wiatt and Ariana Torres join Brady Brewer to discuss social media’s impact on businesses and how to build a contingency plan to protect your farm.

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February Corn & Soybean Outlook Update

Recorded February 10 | Purdue agricultural economists Nathanael Thompson, Michael Langemeier, and James Mintert discussed the corn and soybean outlook following USDA’s February World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies.

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Thinking Like A CFO for Your Farm Operation

A farm manager who thinks like a CFO can leverage balance sheet and cash flow information to develop accrual income, sources and uses of funds, and owner’s equity statements which can be used to ensure the farm is well positioned for the future. Join Purdue ag economists Michael Langemeier and James Mintert for an episode discussing why you should think like a CFO for your farm operation.

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Improvement In Farmer Sentiment Carries Over Into 2023

The Purdue University-CME Group Ag Economy Barometer Index rose again in January, to a reading of 130, 4 points above its 2022 year-end index value. The January survey results also pushed the index 34% above its 2022 low point which occurred last June.

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How Much Have Eggs & Other Food Prices Risen?

With egg prices up nearly 75% and grocery bills on the rise, Jayson Lusk joins Brady Brewer to discuss food price inflation on this AgCast episode. Although food prices have been on the rise since the onset of the COVID-19 pandemic, certain grocery items have risen more than others. Jayson, Director of the Center for Food Demand Analysis and Sustainability (CFDAS), shares why many livestock producers are scaling back, the effects of supply chain issues, and how food inflation is affecting consumer spending and preferences.

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January Corn & Soybean Outlook Update

Nathan 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.

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Farming Together: Cultivating Relationships and Having the Cash to Bring in the Next Generation

Where do you begin if you’re looking to transfer your farm to the next generation? Before starting with a legal entity, it’s important to come together and establish common goals and a direction for where you picture your operation moving in the future. Our Farming Together workshop will help you begin discussions to lead you to a successful transition.

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Farmer Sentiment Rebounds at Year End on Stronger 2022 Income

Producer sentiment improved sharply in December as the Purdue University-CME Group Ag Economy Barometer Index reading of 126 was 24 points higher than a month earlier. This month’s survey was conducted from December 5-9, 2022.

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Production Risk Management & Contingency Planning

In 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,…

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