Farm Management Tour: July 17, 2024

Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.

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General Farm Management & Strategy

USDA Farm Income Forecast, February 2024 Update

Join host Brady Brewer for a Purdue Commercial AgCast episode with Purdue ag economist Michael Langemeier as they discuss USDA’s latest farm income forecast for February 2024. Net farm income is expected to decline by 25% but remain near the long-run average.

Commodity Classic 2024

The Purdue University Center for Commercial Agriculture will present a Learning Center Session on Thursday, February 29 entitled Positioning Your Farm for Long-Term Success during Commodity Classic in Houston, Texas.

Producer Sentiment & Resilience at the Purdue Top Farmer Conference

Each year in early January, Purdue University hosts the Purdue Top Farmer Conference, where academic speakers, agribusiness affiliates, and farmers convene to discuss current issues and trends in agricultural markets. The survey respondents at the Top Farmer Conference, though not a random sample, offer unique insights into how some of Indiana’s leading farmers compare to respondents of national surveys.

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.

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.

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.

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.

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.

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.

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.

Center for Commercial Agriculture