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Milk price trends make reaching break-even look bleak for many farms. Recent news media related to dairy farming in the U.S. has been difficult to even see or hear, let alone to actually live though on the farm. Untimely and delayed harvests in many parts of the U.S. make predicting feed costs difficult, in addition to the lingering questions about quality.
Read More about It’s All Lower: Cow numbers, Total Milk Production, Forecasted Domestic Use and Milk Prices TooDuring 2018, changes in the retail price of food at home have remained low, averaging just 0.5% year- over-year growth over the past five years and 0.4% year-over-year growth thus far through 2018 according to data from the Bureau of Labor Statistics.
Read More about Retail Food PricesUSDA is projecting agricultural exports of $141.5 billion in fiscal year 2019, down from $143.4 billion in 2018. (Cooke and Jiang, 2018) Much of the expected decline in total exports is attributable to soybeans and cotton. Declining sales to China are expected to affect soybeans, while the lower forecast for cotton exports is linked to slowing growth in global demand.
Read More about The Administrations’ Trade Policy: What It May Mean for the Future!Recorded September 13, 2018 | Updated corn and soybean outlook following the release of USDA’s Crop Production and WASDE reports.
Read More about Fall 2018 Crop OutlookUSDA estimated that the July 1 all cattle and calves inventory was 103.2 million head, 1% larger than a year earlier.
Read More about Cattle Inventory Increases; Impact of Tariffs Hangs Over MarketsRecorded July 3, 2018 | Corn & soybean outlook focused on updated trade tariff information, along with information from USDA’s June 30th Acreage & Grain Stocks reports.
Read More about 2018 Crop OutlookThe prospect of a trade war has been prominent in the news this year. The 2018 threats began with the U.S. putting tariffs on solar panels and washing machines and soon moved to steel and aluminum.
Read More about Chinese Tariffs on Soybeans and Pork: U.S. and Indiana ImpactsRecorded March 30, 2018 | Purdue ag. economists Chris Hurt, Michael Langemeier and Jim Mintert review the crop outlook following the March 30th release of USDA’s Planting Intentions & Grain Stocks reports.
Read More about Spring 2018 Crop OutlookRecorded March 1, 2018 | Purdue ag economists Michael Langemeier & Jim Mintert discuss 2018 corn and soybean crop insurance choices and provide insight into decision making for corn and soybean farmers.
Read More about Making Your 2018 Crop Insurance DecisionsRecorded January 3, 2018 | Purdue ag. economists Chris Hurt, Michael Langemeier & Jim Mintert discuss the ag. economy outlook and management strategies for 2018.
Read More about Ag Business Climate Outlook for 2018