Purdue Commercial AgCast
Ag Barometer Insight: June 2022 Survey

Ag Barometer Insight: June 2022 Survey

July 5, 2022

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.

Farm Succession: Exiting the Business In a Timely Manner

Farm Succession: Exiting the Business In a Timely Manner

June 22, 2022

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.

Nontraditional Lenders and their Impact on the Agricultural Credit Markets

Nontraditional Lenders and their Impact on the Agricultural Credit Markets

June 17, 2022

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. 

 

June Corn & Soybean Outlook Update

June Corn & Soybean Outlook Update

June 13, 2022

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.

Ag Barometer Insight: May 2022 Survey

Ag Barometer Insight: May 2022 Survey

June 7, 2022

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.

May Corn & Soybean Outlook Update

May Corn & Soybean Outlook Update

May 16, 2022

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.

Agricultural Job Market & the Purdue Ag Jobs Dashboard

Agricultural Job Market & the Purdue Ag Jobs Dashboard

May 10, 2022

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.

 
 
Ag Barometer Insight: April 2022 Survey

Ag Barometer Insight: April 2022 Survey

May 3, 2022

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.

Inflation, Interest Rates & the Cost of Farm Inputs

Inflation, Interest Rates & the Cost of Farm Inputs

April 20, 2022

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.  

April Corn & Soybean Outlook Update

April Corn & Soybean Outlook Update

April 12, 2022

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.

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