Purdue Commercial AgCast

In this episode, Purdue’s Brady Brewer was joined by Michael Langemeier, associate director of Purdue’s Center for Commercial Agriculture and Jason Henderson, senior associate dean of Purdue’s College of Agriculture and professor of agricultural economics. The podcast episode was a follow-up to the panel discussion the group had at the 2023 Purdue Top Farmer Conference focused on the U.S. economy, the Federal Reserve’s policy choices in 2023 and what it means for interest rates and the farm economy. Podcast provided by Purdue University’s Center for Commercial Agriculture. More farm management news and information can be found at http://purdue.edu/commercialag.

Associate Professor of Agricultural Economics at the University of Kentucky Tyler Mark joined Purdue's Brady Brewer at the 2023 Purdue Top Farmer Conference to discuss the machinery market. In this episode, the two discuss key factors related to machinery prices, and what buyers should be thinking about as they make equipment purchase decisions in 2023 and 2024. Podcast provided by Purdue University’s Center for Commercial Agriculture. More farm management news and information can be found at http://purdue.edu/commercialag.

Purdue's Brady Brewer was joined by R.D. Schrader, President of Schrader Real Estate and Auction Co., and Howard Halderman, President and CEO of Halderman Real Estate and Farm Management at the 2023 Purdue Top Farmer Conference to discuss land values. In this episode, Brewer, Schrader and Halderman give insights into what is in store for the farmland market, how interest rates may impact farmland markets, and the impact of institutional buyers. Podcast provided by Purdue University’s Center for Commercial Agriculture. More farm management news and information can be found at http://purdue.edu/commercialag.

Nathan Thompson and Michael Langemeier joined James Mintert on this podcast to discuss new information from USDA’s January 2023 World Ag Supply & Demand Estimates (WASDE) report, which was released on January 12th. During the podcast, they also provided an update on Eastern Corn Belt corn and soybean basis bids, marketing opportunities for both old and new crop corn and soybeans along with current breakeven estimates for corn and soybean production in 2023. Podcast provided by Purdue University’s Center for Commercial Agriculture. More farm management news and information can be found at http://purdue.edu/commercialag.

Dr. Chad Hart, crop marketing specialist from Iowa State University, joined Purdue's Brady Brewer on January 6, 2023 at the Purdue Top Farmer Conference to discuss the key factors he is monitoring that will impact both the corn and soybean price outlook in 2023 and 2024. Podcast provided by Purdue University’s Center for Commercial Agriculture. More farm management news and information can be found at http://purdue.edu/commercialag.

Producer sentiment improved sharply in December as the Purdue University-CME Group Ag Economy Barometer Index reading of 126 was 24 points higher than a month earlier. Although U.S. farmers were more positive regarding both the current situation as well as their expectations for the future, by far the biggest improvement was in their assessment of current conditions. This month’s survey was conducted from December 5-9, 2022. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

In this second episode of a new series on Farm Risk Management, Jenna Nees, Ed Farris, and Michael Langemeier join Brady Brewer to discuss contingency planning for production risk. Minimizing risk through management practices, reducing production variability, and managing ways to transfer some of the production risk should be reevaluated every year. Implementing diversification, flexibility, vertical integration, and new technology while managing costs can help migrate risk for farms and agribusiness'. Having a written contract in place for production and marketing as well as carrying insurance are important strategies to transfer risk to a third party. This series is based on the Six Pillars of Farm Risk Management course, funded by the North Central Extension Risk Management Education Center. Podcast provided by Purdue University's Center for Commercial Agriculture. Find the rest of this farm risk management series and related resources at https://purdue.ag/farmriskmgmt. More information on strategic business planning is on the Purdue Institute for Family Business' website, https://purdue.ag/fambiz. If you are enjoying the podcast, tweet us using #AgCast.

Purdue ag economists Michael Langemeier, Nathan Thompson and James Mintert discuss shifting gears with farm management strategies for a tougher operating environment. The team took a longer-term view of the changing cost structure facing corn and soybean prices, key factors likely to impact corn and soybean prices in 2023 and discussed how to use scenarios when analyzing price risk and making marketing decisions. Slides from the webinar podcast can be found at https://purdue.ag/webinar121922. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

Farms and agribusinesses are confronted by many different types of risk, but consideration to human resource risk is overlooked by far too many. If critical functions cannot be completed due to a death, disability, disaster, divorce, or disagreement the farm business cannot operate at full efficiency. One way to combat HR risk is by writing a contingency plan to help decide what to do if key operations are disrupted or key personnel is not available. In this first episode of a new series on Farm Risk Management, Maria Marshall, Renee Wiatt, and Kelly Heckaman join Brady Brewer to discuss contingency planning and human resource risk management. This series is based on the Six Pillars of Farm Risk Management course, funded by the North Central Extension Risk Management Education Center. Podcast provided by Purdue University's Center for Commercial Agriculture. Find the rest of this farm risk management series and resources at https://purdue.ag/farmriskmgmt. More information on contingency planning is on the Purdue Institute for Family Business' website https://purdue.ag/fambiz. If you are enjoying the podcast, tweet us using #PurdueCommercialAgCast.

Farmer sentiment was unchanged in November as the Purdue University-CME Group Ag Economy Barometer came in at a reading of 102, the same as in October. There was however a slight shift in underlying sentiment as the Index of Current Conditions declined 3 points this month to a reading of 98 while the Index of Future Expectations rose 2 points to 104. This month’s survey was conducted from November 14-18, 2022. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

For many crop and livestock producers, 2021 and 2022 were both strong net farm income years making tax planning strategies important. Purdue agricultural economists Brady Brewer and Michael Langemeier discuss strategies that will help reduce tax liabilities while also maintaining working capital. Strategies to consider include deferring income, prepaying expenses, retirement plan contributions, bunching itemized contributions, or hiring your children all of which won’t drain your farm’s working capital as much as using accelerated depreciation. Preserving working capital for family living and principal payments may be necessary for 2023 if higher breakeven prices and lower cash flows hold true to current 2023 projections. Slides from the discussion can be found at https://purdue.ag/3XuIx4D. If you are enjoying the podcast, tweet us using#PurdueCommercialAgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. For more farm information and news visit us at http://purdue.edu/commercialag.

Purdue ag economists Michael Langemeier, Nathan Thompson and James Mintert discuss the corn and soybean outlook following USDA's November Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports along with current export and ethanol grind estimates. Updated corn and soybean basis information and a look at estimated corn and soybean breakeven prices for the 2023 crop are discussed in the outlook update. Slides from the discussion can be found at https://purdue.ag/webinar111122. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

Farmer sentiment weakened again in October as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 102, down 10 points compared to a month earlier. Both of the barometer’s sub-indices, the Index of Current Conditions and the Index of Future Expectations, declined this month. This month’s survey was conducted from October 10-14, 2022. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

Purdue agricultural economists Michael Langemeier, Nathanael Thompson, and James Mintert discuss the corn and soybean outlook following USDA's October Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports along with current export and ethanol grind estimates. Updated corn and soybean basis information and a look at estimated corn and soybean breakeven prices for the 2023 crop were discussed during the podcast. Slides from the discussion can be found at https://purdue.ag/outlook101422. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

The Purdue University-CME Group Ag Economy Barometer index drifted lower to a reading of 112 in September which was 5 points lower than a month earlier. These results stand in contrast with future expectations in September which were only 2% weaker than a year ago. The Purdue University-CME Group Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. This month’s survey was conducted from September 19-23, 2022, a week or more following USDA’s September Crop Production and World Agricultural Supply and Demand Estimates (WASDE). The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

Purdue agricultural economists Brady Brewer and Michael Langemeier discuss updated inflation numbers and interest rates and the impacts on agriculture in this episode. Farm inputs like fertilizer, diesel, machinery and building supplies are discussed, as well as capital investments like land and real estate, and how the cost of debt is affecting budgets and operating interest rates. They also discuss the choice of variable interest rate loans vs fixed interest rate loans, a decision many farmers may be facing. Near the end of the conversation, they discuss the impact to net farm income prospects. Slides from the discussion can be found at https://purdue.ag/3fqPgeu. If you are enjoying the podcast, tweet us using #PurdueCommercialAgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. For more farm information and news visit us at http://purdue.edu/commercialag.

Communication in any business is important, especially in your farm business when many times family is involved. Purdue ag economist Brady Brewer hosts a discussion with Purdue's Farm Succession Planning team that will provide you with 10 tips for better communication within your farm business. Team members Renee Wiatt, Family Business Management Specialist, Kelly Heckaman, Purdue Extension Area XI Director, and Heather Caldwell, Fayette County ANR Educator, discuss their tips for better communication with recognizing family roles, exploring feelings, discussing issues, responsibilities and goals, actively listening and transparency in this farm succession episode. A pdf of the 10 Tips can also be downloaded from our website at https://purdue.ag/3T2QpYi. More farm succession and transition planning episodes can be found here. More resources can also be found at the Purdue Institute of Family Business. If you are enjoying the podcast, tweet us using #PurdueCommercialAgCast. Podcast provided by Purdue University's Center for Commercial Agriculture.

Purdue ag economists Michael Langemeier, Nathan Thompson and James Mintert broadcasted the September Crop Outlook webinar on Friday, September 16, 2022. The webinar featured information from USDA’s September Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports along with current export and ethanol grind estimates. The webinar also included updated corn and soybean basis information, a first look at estimated corn and soybean breakeven prices for the 2023 crop and a comparison of flexible cash leasing of farmland to traditional fixed cash rent leasing. Slides from the discussion can be found at https://ag.purdue.edu/commercialag/home/resource/2022/09/september-corn-soybean-outlook-update-2/ Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

The Purdue University/CME Group Ag Economy Barometer farmer sentiment index rose 14 points in August to a reading 117. The rise in the overall measure of agricultural producer sentiment was driven by increases in both the Index of Current Conditions, which rose 9 points to 118 and the Index of Future Expectations, which climbed 16 points to 116. The Ag Economy Barometer is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. This month's survey was conducted between August 15-19, after USDA released both the August Crop Production and World Agricultural Supply & Demand Estimates reports. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

Purdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss the 2022 Purdue Farmland Values Survey results and the USDA's Land Values report. The department of agricultural economics conducts the Purdue Farmland Value and Cash Rent Survey each June; the survey is produced through the cooperation of numerous professionals knowledgeable regarding Indiana's farmland market. The survey results suggest farmland prices across Indiana rose to all-time highs in June 2022. Statewide, 2022 cash rental rates increased across all land quality classes. Download companion slides or view the video recording on our website here. https://ag.purdue.edu/commercialag/home/resource/2022/08/indiana-farmland-values-cash-rental-rates-2022-update-webinar/ If you are enjoying the podcast, tweet us using #PurdueCommercialAgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on farmland values, cash rents and the farm economy, visit us at http://purdue.edu/commercialag.

Purdue agricultural economists Nathan Thompson and James Mintert recorded this podcast on August 12th. The team discussed the corn and soybean outlook following USDA's August World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies. Updates on balance sheet estimates for both the 21/22 and 22/23 crop years, ethanol demand, ending stock estimates, corn and soybean basis were all discussed. Slides from the discussion can be found at https://ag.purdue.edu/commercialag/home/resource/2022/07/august-corn-soyb…outlook-update-2/ Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

The Purdue-CME Group Ag Economy Barometer sentiment index rose 6 points in July to a reading of 103. Producers in this month’s survey were somewhat more optimistic about both current and future economic conditions on their farms than they were in June. This month's survey was conducted from July 11-15, 2022. The Purdue University-CME Group Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. Purdue ag economist James Mintert breaks down the results of the July 2022 Ag Economy Barometer survey. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag

On this episode Purdue ag economists Brady Brewer and Michael Langemeier discuss inflation and interest rates in the agricultural sector as well as the agricultural credit markets. Gain more insight on interest rates, inflation and more! If you are enjoying the podcast, tweet us using #PurdueCommercialAgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. For more farm information and news visit us at http://purdue.edu/commercialag.

On this episode Purdue ag economist Brady Brewer along with the Purdue farm transition team Maria Marshall, Renee Wiatt, and Kyle Weaver, discuss the importance and implementation of roadmapping in your farm succession process. If you are enjoying the podcast, tweet us using #PurdueCommercialAgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. Find the rest of this farm succession series at http://purdue.ag/successionplan and more information on farm succession planning on the Purdue Institute for Family Business’ YouTube channel.

Purdue agricultural economists Nathan Thompson, Michael Langemeier, and James Mintert recorded this podcast on July 13th,. The team discussed the corn and soybean outlook following USDA's July World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies. Updates on balance sheet estimates for both the 21/22 and 22/23 crop years, ethanol demand, ending stock estimates, corn and soybean basis and profitability estimates were all discussed. Slides from the discussion can be found at https://ag.purdue.edu/commercialag/home/resource/2022/07/july-corn-soybean-outlook-update-2/ Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

On this episode Purdue ag economists Brady Brewer and Michael Langemeier, along with extension educator Ed Farris discuss farm financial readiness and how it impacts succession planning. If you are enjoying the podcast, tweet us using #PurdueCommercialAgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. Find the rest of this farm succession series at http://purdue.ag/successionplan and more information on farm succession planning on the Purdue Institute for Family Business’ YouTube channel.

Farmer sentiment remained weak in June as the Purdue University-CME Group Ag Economy Barometer fell to a reading of 97, 2 points below its May reading. This month 51% of survey respondents said they expect their farms to be worse off financially a year from now, the most negative response received to this question since data collection began in 2015. This month’s survey was conducted from June 13-17, 2022. Purdue ag economists Brady Brewer and Michael Langemeier review the results and give some insight into the June 2022 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

How soon should you start succession planning? What are important things to think about that need transferred? What makes a good business partner, and how can you make this decision? On this episode, Purdue ag economist Brady Brewer discusses these succession questions along with tips on how to accomplish this transition in your farm business. Joining him in the discussion is the Purdue Farm Transition team, Dr. Maria Marshall, Director of the Purdue Institute of Family Business, and Renee Waitt, Farm Business Management Specialist, along with Denise Schroeder, Area Director and Extension Educator in White County. If you are enjoying the podcast, tweet us using #PurdueCommercialAgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. Find the rest of this farm succession series at http://purdue.ag/successionplan and more information on farm succession planning on the Purdue Institute for Family Business’ YouTube channel.

In this episode Purdue associate professor and agricultural economist Dr. Brady Brewer along with a panel of experts discuss various aspects of the ag credit market and how nontraditional lenders are impacting the ag credit markets.

Purdue agricultural economists Nathan Thompson, and James Mintert hosted a live webinar on June 13th. The team discussed the corn and soybean outlook following USDA's June World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies. Updates on balance sheet estimates for both the 20/21 and 22/23 crop years, corn and soybean export prospects, ethanol demand, ending stock estimates, corn and soybean basis, and inflation's likely impact on interest rates along with farm's income projections were discussed. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

The Purdue University-CME Group Ag Economy Barometer plummeted in May to a reading of just 99, the weakest farmer sentiment reading since April 2020. The May 2022 barometer reading marked just the 9th time since data collection began in fall 2015 that the overall measure of farmer sentiment fell below 100. This month’s survey was conducted from May 16-20, 2022. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the May 2022 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

Purdue agricultural economists Michael Langemeier, Nathan Thompson, and James Mintert hosted a live webinar on May 16th. The team discussed the corn and soybean outlook following USDA's May World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies. Updates on balance sheet estimates for both the 20/21 and 22/23 crop years, corn and soybean export prospects, ethanol demand, ending stock estimates, corn and soybean basis, and inflation's likely impact on interest rates along with farm's income projections were discussed. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

Wondering what the current agriculture job market is? In this episode Purdue University Center for Commercial Agriculture's ag economists Brady Brewer and Nathan Delay discuss the agricultural job market and the Purdue University Department of Agriculture Economics Ag Jobs Dashboard from the research conducted by grad student Doug Abney. The dashboard is an overview of monthly data collected of the agricultural job market over time, starting the summer of 2021. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the Ag Job Dashboard and farm management, visit us at http://purdue.edu/commercialag.

The Purdue University-CME Group Ag Economy Barometer improved in April to a reading of 121, which was 8 points higher than a month earlier. Despite this month’s increase, the ag sentiment index remains 32% lower than its April 2021 reading. This month’s survey was conducted from April 18-22, 2022. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the April 2022 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

What really is inflation? How is it measured? What is the potential impact on consumers and the ag sector? Purdue agricultural economists Brady Brewer, Michael Langemeier, and James Mintert discuss these questions and the potential impacts of rising inflation & Fed policy on interest rates. Near the end of the conversation, they discuss the long-run relationship between inflation and farm input prices. Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and a transcript from the discussion can be found at https://purdue.ag/agcast85. This podcast was recorded on April 19, 2022. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

Purdue agricultural economists Michael Langemeier and James Mintert discussed the corn and soybean outlook following USDA's April World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for crop marketing strategies. Updates on South American corn and soybean production expectations, corn and soybean export prospects, ethanol demand, ending stock estimates, and corn and soybean basis along with farm income projections were all featured in the webinar. Slides from the discussion can be found at https://purdue.ag/webinar041222. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

The Purdue University-CME Group Ag Economy Barometer dipped to a reading of 113 in March, the weakest farmer sentiment reading since May 2020 which was in the early days of the pandemic. The March reading was 12 points lower than a month earlier and 36% lower than in March 2021. This month’s survey was conducted from March 14-18, 2022. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the March 2022 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

Purdue agricultural economists Michael Langemeier, Nathan Thompson and James Mintert discussed the implications of the Prospective Plantings report from USDA-NASS which was released on March 31, 2022. Implications for 2022 crop corn and soybean production based on the report’s planted acreage estimates were discussed along with a “first pass” at what it might mean for carryover estimates into the 2023 crop year. Updated profitability estimates for 2022 corn and soybean production were reviewed based on new crop corn and soybean prices following the report’s release. The podcast also included a review of recent corn and soybean basis levels. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

Purdue agricultural economists Michael Langemeier and James Mintert discussed the corn and soybean outlook following USDA's March World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for 2021 and 2022 crop marketing strategies. Updates on ending stock estimates, South American production expectations, and corn and soybean basis along with a discussion of prospects for corn vs. soybean acreage in 2022 were all featured. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

Managing risk is always important, but especially so this year. This episode is a great opportunity for producers to review their crop insurance choices for the upcoming season. Purdue University Center for Commercial Agriculture's ag economists Michael Langemeier and James Mintert walk participants through considerations for their 2022 options. Download a companion slide deck at https://purdue.ag/cropinsuranceagcast. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on crop insurance decisions and the farm economy, visit us at http://purdue.edu/commercialag.

The Purdue University-CME Group Ag Economy Barometer rose 6 points in February to 125, matching the sentiment index’s reading from December. This month’s survey was conducted from February 14-18 2022, which was just prior to Russia’s invasion of Ukraine. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the February 2022 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

Purdue agricultural economists Michael Langemeier, Nathanael Thompson and James Mintert discussed the corn and soybean outlook following USDA's February World Agricultural Supply and Demand Estimates (WASDE) report and provided implications for 2021 and 2022 crop marketing strategies. Updates on ending stock estimates, South American production expectations, and corn and soybean basis along with a discussion of prospects for corn vs. soybean acreage in 2022 were all featured in the webinar. Slides from the discussion can be found at https://purdue.ag/webinar021022. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

Farmer sentiment weakened in January as the Purdue University/CME Group Ag Economy Barometer declined 6 points to 119, down from 125 a month earlier. This month’s decline leaves the barometer just three points higher than in November and is the second-lowest sentiment reading since July 2020. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the January 2022 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. This month’s survey was conducted from January 17-21, 2022. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

Center director and Purdue ag economist James Mintert speaks with Eric Atkinson, host of K-State’s Agriculture Today radio program, about what we’ve learned from conducting Ag Economy Barometer surveys since October 2015. The Purdue University-CME Group Ag Economy Barometer is a nationwide monthly survey of 400 ag producers and is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

In this episode, Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert discuss the updated corn and soybean outlook following release of USDA's January Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. The team reviewed new information from USDA and implications for 2021 and 2022 crop marketing strategies. Updates on corn and soybean export prospects, ethanol demand, ending stock estimates, and corn and soybean basis along with crop production cost and income projections were also discussed. Slides from the discussion can be found at https://purdue.ag/webinar011422. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

For only the second time since May, the Ag Economy Barometer rose in December. This month’s index climbed to a reading of 125, 9 points higher than in November. Both the Index of Current Conditions and the Index of Future Expectations rose in December with the rise in the barometer attributable mostly to an improved perspective on current conditions in the agricultural sector. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the December 2021 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. This month’s survey was conducted from December 8-14, 2021. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert's December 15th seminar during The Indiana Farm Equipment and Technology Expo. The Purdue Center for Commercial Agriculture's team discussed the corn and soybean outlook following release of USDA's December World Agricultural Supply and Demand Estimates (WASDE) report and provided crop marketing and farm management strategies to help keep producers' bottom line black in 2022. Updates on corn and soybean export prospects, ethanol demand, ending stock estimates, and corn and soybean basis along with farm income projections were also discussed. Slides used during the seminar can be found at https://purdue.ag/webinar121521. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

The Ag Economy Barometer slipped to a reading of 116 in November, down 5 points from October and 30% lower than in November 2020 when the barometer stood at 167. Once again, weakness in the barometer was tied to weaker sentiment regarding current conditions as well as weaker expectations for the future. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the November 2021 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. This month’s survey was conducted from November 15 to 19, 2021. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.

In this episode, we discuss the updated corn and soybean outlook following release of USDA's November Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Purdue ag economists Michael Langemeier, Nathanael Thompson and James Mintert review new information from USDA and implications for 2021 crop marketing strategies. Updates on yield and crop production estimates, corn and soybean export prospects, ethanol demand, ending stock estimates, and corn and soybean basis along with farm income projections are also discussed. Slides from the discussion can be found at https://purdue.ag/webinar111021. Podcast provided by Purdue University's Center for Commercial Agriculture. For more information on the current ag outlook and farm economy, visit us at http://purdue.edu/commercialag.

For the third month in a row, agricultural producer sentiment weakened in October as the Ag Economy Barometer declined to 121, 3 points lower than a month earlier. The modest decline in the overall sentiment index occurred as a result of producers’ weaker perceptions regarding both current and future conditions in the production agriculture sector. Purdue ag economists James Mintert and Michael Langemeier review the results and give some insight into the October 2021 Purdue University-CME Group Ag Economy Barometer, a nationwide monthly survey of 400 ag producers. This month’s survey was conducted from October 18 to 22, 2021. The full report is available at https://purdue.ag/agbarometer. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic information and insights on the Ag Economy Barometer, visit us at http://purdue.edu/commercialag.