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General Farm Management & Strategy

2026 Purdue Crop Cost and Return Guide

Production costs and breakeven prices in 2026 are expected to be similar to those experienced in 2025. However, production costs are still considerably higher than they were prior to the advent of COVID-19.

AgCast 212: Inside the Research Center Driving U.S. Rice Production, Lessons from the Delta, Part 4

The Northeast Rice Research and Extension Center plays a critical role in supporting U.S. rice production, located in a region responsible for a large share of national output. This episode explores how research, water management, and production systems come together to support rice farming in the Mississippi Delta, highlighting the complexity and intensity of the system.

Crop vs. Livestock Confidence: Why the Sentiment Gap Is Growing

February’s Ag Economy Barometer shows livestock producer sentiment nearly 40 points higher than crop producers, reflecting stronger current margins. In this Purdue Commercial AgBrief, Michael Langemeier explains the confidence gap, investment outlook, and why crop and livestock farms still share similar long-term growth and succession plans.

AgCast 211: How Investors Are Buying Farmland, Lessons from the Delta, Part 3

Farmland investment platforms are creating new ways for investors to participate in agricultural land ownership. In this third episode of the Lessons From the Delta series, Colson Tester of AcreTrader explains how farmland opportunities are sourced, evaluated, and structured while local farmers continue operating the land.

Farmer Confidence Edges Higher, But Future Expectations Fall

Farmer confidence continues to weaken as producers face tightening margins and growing uncertainty about the future. In this Purdue Commercial AgBrief, Michael Langemeier explains what the latest Ag Economy Barometer survey reveals about financial stress, capital investment plans, and how producers are adjusting expectations for the years ahead.

Producer Sentiment, Farm Growth, and Transition Planning

The February 2026 Ag Economy Barometer reveals a sharp divergence in sentiment between crop and livestock producers, with livestock farms reporting substantially stronger confidence. Despite differences in current outlook and capital investment sentiment, long-term growth expectations and transition planning remain similar across farm types, highlighting continued focus on expansion and generational transfer.

AgCast 210: Producer Sentiment Stabilizes, But Future Expectations Slip

In this episode of Purdue Commercial AgCast, Joana Colussi and Michael Langemeier discuss the February 2026 Purdue University–CME Group Ag Economy Barometer results. They share insights on the growing divide between crop and livestock sentiment, capital investment hesitation, farmland value expectations, farm growth trends, and what these signals mean for 2026 decision-making.

Farmer Sentiment Rebounds, but Future Expectations Continue to Slide

Farmer sentiment improved in February as the Purdue University-CME Group Ag Economy Barometer Index rose from 113 points in January to 116. The Current Conditions Index increased by 11 points, while the Future Expectations Index dropped 1 point. Although concerns about agricultural exports moderated somewhat from the previous month, they are still higher than those expressed in December. In addition, the percentage of respondents who think the U.S. is headed in the “right direction” declined for the second month in a row.

Lessons From the Delta, Part 2: Land Values, Capital Markets, and the Business of Rice

In Part 2 of the Lessons From the Delta series, Chad Fiechter and Todd Kuethe speak with Aaron Shew about farmland valuation, land market transparency, and rice payment systems. The discussion explores how limited sales data, capital intensity, and milling economics shape risk and long-term farm business decisions.

Valuing Sweat Equity and Adding a Person to the Farm, Ag Engage Conference

Michael Langemeier presented at the Ag Engage Conference in Bloomington on February 19, 2026, on valuing sweat equity and adding a person to the farm.

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