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Ag Business Climate Outlook for 2017​

Recorded January 6, 2017 | Chris Hurt, Michael Langemeier and Jim Mintert discuss the key factors that will impact the agricultural outlook in 2017.

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Fall 2016 Crop Outlook

Recorded September 13, 2016 | Chris Hurt, Michael Langemeier & Jim Mintert discuss the 2016 corn & soybean price outlook and look ahead to 2017 following release of USDA’s Sept. 2016 crop production & supply/demand estimates.

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Ag Economy Barometer

The Ag Economy Barometer will be published the first Tuesday of each month. If you are interested in learning more about the Ag Economy Barometer, visit our website, www.purdue.edu/agbarometer where you can also register for email updates when the Ag Economy Barometer is published.

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Communicating with our Consumers: What Do Pork Consumers Want? Are Agritourists More Supportive of Agriculture?

What do consumers want? Today they have quick and easy access to information from a wide breadth of sources across many subjects. This change occurred over the past two decades as technological innovations in communications exploded. The internet, smart phones and widespread use of computers revolutionized how and where people gained knowledge and shaped their…

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The Importance of Social Responsibility in Purchase Decisions: A Purdue Student Perspective

Between tuition, books, food, and fun, the university experience requires making a variety of purchase decisions. Some of those purchases may have societal consequences like buying coffee from a shop that uses recyclable “to-go” cups, or asking whether the company that sells class supplies donates to charity, or whether the local burrito place buys meat…

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Our New Ag Economy Barometer

Recently Purdue’s Center for Commercial Agriculture, in a partnership with the CME Group, launched the Purdue CME Group Ag Economy Barometer. The Ag Economy Barometer is designed to fill an information void regarding the overall health of the U.S. farm economy and is analogous to publicly available indices focused on the broad U.S. economy, such…

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Crop Margins in a Boom-Moderation Price Cycle

A glance at a chart of commodity prices over say 100 or more years reveals periods of surging prices followed by a period of moderation in prices. Once prices moderate, they may stay relatively low for an extended time. Some have observed that this total cycle may be around 30 years, with the boom-moderation phase lasting 12 to 15 years.

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Crop ​Outlook for 2015-2016​​

Recorded September 14, 2015 | Outlook for corn and soybeans following USDA’s Sept. 2015 Crop Production & Supply/Demand Reports. Features review of factors influencing prices and provides marketing & management recommendations. Program features Purdue Economists Chris Hurt, Corinne Alexander & James Mintert.

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Buying (Selling) Inputs in the Current Business Climate

Grain farmers are facing significantly lower prices and incomes in 2015 compared to previous years which have resulted in intense pressure to lower costs by aggressive negotiation on land rents and purchased inputs. Much of this negotiation has focused on price–farmers are asking/expecting price reductions, but suppliers of fertilizer seed and chemicals in particular are hesitant to adjust prices down.

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Becoming a “Best in Class” Farm

Corn Belt agriculture is in the midst of transitioning from one of the most profitable periods on record to what could be an extended period of tight margins for most corn and soybean operations. Now that the 2015 planting season is drawing to a close, you should take time to reevaluate your farming operation and consider how you can make sure your farm is strategically positioned to be a “best in class” operation in the years ahead. Doing so will help ensure that your farm will thrive, not just survive, in an era of tight operating margins.

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