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General Farm Management & Strategy
Purdue agricultural economists James Mintert and Brady Brewer discuss the latest December release of the USDA Farm Income Forecast report. Each year, United States Department of Agriculture (USDA) forecasts farm income in February and then releases additional updates throughout the year as more data becomes available. This Purdue Commercial AgCast episode discusses the latest updates to the 2020 forecast released by USDA on December 2nd.
Read More about December 2020: USDA Farm Income Forecast UpdateU.S. farmers’ sentiment weakened following the November 2020 elections, as the Purdue University-CME Group Ag Economy Barometer fell 16 points from a month earlier to a reading of 167. The decline in the Ag Economy Barometer was the result of weakened expectations for the future on the part of agricultural producers. Purdue ag economists James Mintert and Michael Langemeier review the results and give their insight on this episode of the Purdue Commercial AgCast.
Read More about Farmer Sentiment Pulls Back Post-Election: Regulation, Trade, and Taxes Rated As Top ConcernsOn this Purdue Commercial AgCast episode, Dr. Michael Langemeier and Dr. Brady Brewer discuss the latest numbers from the Purdue Center for Commercial Agriculture’s decision tool along with tips on how to use this tool to make farm operating decisions.
Read More about Crop Cost and ReturnsThe vast majority of the research into the agricultural impacts of climate change has focused on system components valued at less than 5 percent global farm output. Future research much take a broader perspective, including impacts of heat stress on humans and animals as well as the consequences of climate extremes for the pace of future innovation in agriculture.
Read More about Future studies of climate impacts on agriculture must take a broader perspectiveRecorded Nov. 11, 2020 | Purdue ag economists Nathanael Thompson and James Mintert provide an updated corn and soybean outlook immediately following release of USDA’s November Crop Production and World Agricultural Supply and Demand (WASDE) reports.
Read More about November Corn & Soybean Outlook UpdateFarmer sentiment hit a new record high in October as the Purdue University-CME Group Ag Economy Barometer climbed to a reading of 183, a 27-point increase compared to September. On this episode of the Purdue Commercial AgCast, Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the survey results.
Read More about Ag Economy Barometer Rises to Record High On Improving Financial ConditionsWhat are and what drives the adoption of “enhanced conservation practices” on the farm? In this Purdue Commercial AgCast episode, Purdue agricultural economists Allan Gray and Brady Brewer discuss their recent research that examines the adoption practices of enhanced conservation practices.
Read More about Farmer Adoption of Enhanced ConservationCompute accrual net farm income, and key financial ratios and repayment capacity measures from Schedule F information and beginning and ending balance sheets.
Read More about Measuring & Analyzing Farm Financial PerformanceA series of financial management articles that examine financial statements and financial analysis. Financial management involves the evaluation of liquidity and solvency, financial planning, acquisition and use of financial resources, asset purchases and farm growth, and relationships with agricultural lenders.
Read More about Financial Management – Statements & AnalysisWe examine trends in capital expenditures and compares capital expenditures to capital consumption (i.e., economic depreciation).
Read More about U.S. Farm Sector Capital Expenditures