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General Farm Management & Strategy

Weakening Commodity Prices Cast A Shadow On Farmer Sentiment

Farmer sentiment took a downturn at the start of 2024 as the January Purdue University-CME Group Ag Economy Barometer Index fell to a reading of 106, 8 points below a month earlier. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the January 2024 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

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Farm Agility, Resilience & Strategic Risk

Purdue ag economists Brady Brewer, Michael Langemeier and Margaret Lippsmeyer discuss the importance of strategic risk management and the factors that contribute to a farm’s resilience In this episode of the Purdue Commercial AgCast.

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Renewable Diesel Boom & Where Biofuels Are Headed

Host Brady Brewer discussed the “boom” in renewable diesel and its expected impact on the soybean market with Dr. Scott Irwin, a professor of agricultural economics at the University of Illinois, on the latest episode of the Purdue Commercial AgCast.

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Producer Sentiment, Farmland Value Expectations, and Farm Financial Performance

Farmland is by far and away the largest asset on most farm balance sheets. Given the importance of farmland prices to the financial health of farms, it is useful to explore factors that impact farmland price expectations. This article examines the relationship between producer sentiment, farmland value expectations, and farm financial performance.

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2024 Purdue Top Farmer Conference

The Purdue Center for Commercial Agriculture welcomed nearly 250 farmers and agribusiness professionals to the 2024 Purdue Top Farmer Conference on Friday, January 5th. The annual farm management conference provided a great networking opportunity for top producers and industry professionals. View photos from the event now.

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U.S Farmer Sentiment Stable As Inflation Expectations Subside

U.S. farmers’ sentiment changed very little in December compared to the preceding month. The Purdue University/CME Group Ag Economy Barometer recorded a reading of 114, just one point lower than a month earlier. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the December 2023 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

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USDA Farm Income Forecast, December Update

Curious about the outlook for farm incomes in the coming year? Join host Brady Brewer in this podcast episode with Purdue ag economist Michael Langemeier as they discuss farm income projections outlined in USDA’s December Farm Income Forecast. Michael shares producer perspectives from the Ag Economy Barometer and takes a closer look on an Indiana case farm.

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Farmer Sentiment Improves, Producers Credit Stronger Financial Conditions

Agricultural producers’ sentiment increased for the second consecutive month, as the Purdue University/CME Group Ag Economy Barometer index rose 5 points to a reading of 115, a 12% increase compared to the previous year. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the October 2023 Ag Economy Barometer survey on this Purdue Commercial AgCast episode.

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Prospects for Swine Feed Costs in 2024

Indiana corn prices have dropped sharply since September. The most recent WASDE report indicates that corn prices could remain low for the foreseeable future. Obviously, lower expected corn prices will translate into lower expected feed costs during the first part of 2024. What trends in feed costs will we see for 2024? And what’s the impact of corn and soybean meal prices on feed costs for farrow-to-finish and swine finishing operations?

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Purdue Income Tax School: Ag Tax Webinar

December 13, 2023

The 2023 Ag Tax Webinar, part of the Purdue Income Tax School, will provide in-depth coverage of selected agricultural and farm income tax issues to supplement material provided at the two-day in-person or virtual tax schools. The 2023 webinar will be taught by Guido Van Der Hoeven, an expert on agricultural tax issues and one of the authors of the 2023 Agricultural Tax Issues book, on Wednesday, December 13, 2023, starting at 9:00 am ET.

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