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General Farm Management & Strategy

SBA Help for Small (and Family) Businesses

The President has signed the CARES (Coronavirus Aid, Relief, and Economic Security) Act into law. The CARES Act provides potential relief for employees and businesses.

COVID-19 Weakens Ethanol Demand Leading to Reduction in Corn Usage Forecast

The decline in oil and gasoline prices that started prior to the advent of COVID-19, combined with weak consumer demand for gasoline as a result of recent orders for consumers to shelter in place and the U.S. economy’s descent into recession, makes it clear that corn usage will be much lower than was forecast earlier this year.

Impact of COVID-19 on the Biofuels Industry and Implications for Corn and Soybean Markets

This report shows that the spread of COVID-19 in the U.S. is expected to reduce the demand for both corn and soybeans due to reductions in demand for ethanol and soy biodiesel.

Threats to Local Government Revenues from the Coronavirus Recession

The coronavirus recession is upon us. Unemployment is rising to double-digits, incomes are falling, and spending on non-essential products has dropped. Many people are sick; many more people face hardships.

COVID-19 and Online Grocery Prices

Will the COVID-19 pandemic cause an increase in online grocery buying? The current global pandemic has resulted in stay-at-home orders and shutdowns in several parts of the United States, which suggests a likely increase in grocery e-commerce.

Specialty Farm Households’ Consumption and Risk Behavior After Natural Disasters

The wet spring and summer of 2019 and 2020, along with COVID-19, could have a compounding negative effect on farm income in the Midwest. A natural question that arises is whether farm income losses have implications for farm household consumption and well-being.

Contingency Planning with Cash Flow Shortages

This article briefly discussed contingency planning when cash flow becomes tighter than originally projected. As cash flows from the farm operation become tighter, it is necessary to find other funds to help pay for asset purchases or delay asset purchases, and to repay debt.

Spring 2020 Crop Outlook Webinar

Recorded April 1, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide updated information from USDA’s March 31st release of their Prospective Plantings and Grain Stocks reports along with implications of COVID-19 on the outlook for corn and soybeans.

2020 Crop Cost and Return Guide

The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2020 crop budget estimations for 2020.

Farm Management Strategies in Times of Rising Volatility at Commodity Classic 2020

The Commodity Classic learning center session presentation slidedeck by the Center’s James Mintert, Michael Langemeier and Jason Henderson, and CME Group’s Fred Seamon, given in San Antonio.

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