Episodes
Wednesday Dec 20, 2023
USDA Farm Income Forecast, December Update
Wednesday Dec 20, 2023
Wednesday Dec 20, 2023
Curious about the outlook for farm incomes in the coming year? Join host Brady Brewer in this episode with Purdue ag economist Michael Langemeier as they discuss farm income projections outlined in USDA's December Farm Income Forecast. Michael shares producer perspectives from the Ag Economy Barometer and takes a closer look on an Indiana case farm.
Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/AgCast149.
Tuesday Dec 05, 2023
Ag Barometer Insight: November 2023 Survey Results
Tuesday Dec 05, 2023
Tuesday Dec 05, 2023
Agricultural producers’ sentiment increased for the second consecutive month, as the Purdue University/CME Group Ag Economy Barometer index rose 5 points to a reading of 115, a 12% increase compared to the previous year. The sentiment growth is largely attributed to farmers’ improved perceptions of their farms’ financial conditions and prospects. This month’s Ag Economy Barometer survey was conducted from November 13-17, 2023.
The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the November 2023 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.
Tuesday Nov 07, 2023
Ag Barometer Insight: October 2023 Survey Results
Tuesday Nov 07, 2023
Tuesday Nov 07, 2023
There was a slight uptick in agricultural producers’ sentiment in October, as the Purdue University/CME Group Ag Economy Barometer index rose 4 points to a reading of 110. The modest improvement in farmer sentiment resulted from farmers’ improved perspective on current conditions on their farms as well as their expectations for the future. This month’s Ag Economy Barometer survey was conducted from October 16-20, 2023.
The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the October 2023 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.
Tuesday Oct 03, 2023
Ag Barometer Insight: September 2023 Survey Results
Tuesday Oct 03, 2023
Tuesday Oct 03, 2023
Agricultural producers’ sentiment declined for the second month in a row during September as the Purdue University-CME Group Ag Economy Barometer fell 9 points to a reading of 106. Weakening prices for major crops and ongoing concerns about high production costs and interest rates weighed on producers’ minds this month. This month’s Ag Economy Barometer survey was conducted from September 11-15, 2023.
The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. Purdue ag economists James Mintert and Chad Fiechter share some insight into the results of the September 2023 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.
Wednesday Sep 13, 2023
USDA Farm Income Forecast, August Update
Wednesday Sep 13, 2023
Wednesday Sep 13, 2023
Join us in this episode as we dive into the latest USDA farm income forecast released in August 2023. Discover the factors behind a notable 23% drop in net farm income and gain insights into the impact on various commodities, from corn and soybeans to wheat, and even cow-calf operations. Stay informed about how the impact of rising inflation and increased farm input prices are influencing breakevens and farmland values by tuning into this enlightening discussion.
Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/AgCast145.
Tuesday Sep 05, 2023
Ag Barometer Insight: August 2023 Survey Results
Tuesday Sep 05, 2023
Tuesday Sep 05, 2023
Producer sentiment was notably lower in August, as the Purdue University/CME Group Ag Economy Barometer index dipped 8 points to a reading of 115. This month’s decline was fueled by producers’ weaker perception of current conditions both on their farms and in U.S. agriculture. The Current Conditions Index fell 13 points to a reading of 108. The Future Expectations Index also declined, down 5 points in August to a reading of 119. This month’s Ag Economy Barometer survey was conducted from August 14-18, 2023.
The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the August 2023 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.
Monday Aug 21, 2023
Financing Amid Rate Ripples, an Ag Credit Update
Monday Aug 21, 2023
Monday Aug 21, 2023
Discover how interest rates impact farming decisions, machinery choices, and the value of farmland. In this ag credit update podcast, Purdue ag economists Brady Brewer and Michael Langemeier discuss recent inflation trends, interest rate trajectories, loan markets and the ripple effects at the farm. Projections from producers on the latest Purdue University/CME Group Ag Economy Barometer don't line up with policy makers at the Federal Reserve Open Market Committee (FOMC) on where we're headed for 2024. So where are interest rates going?
Tune in to stay ahead of the financial currents affecting agriculture. Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/AgCast143.
Monday Aug 07, 2023
(Part 2) Indiana Farmland Cash Rental Rates 2023 Update
Monday Aug 07, 2023
Monday Aug 07, 2023
Purdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss cash rental rates for Indiana farmland in this, the second of two episodes discussing the 2023 Purdue Farmland Values and Cash Rents Survey results. Each June, the department of agricultural economics surveys knowledgeable professionals regarding Indiana's farmland and cash rental market. The 2023 survey results confirm that, statewide, average cash rental rates for Indiana farmland rose about 2% above 2022's rates. However, changes in rates across Indiana's 6 regions were not uniform with rental rates in some regions and for some land quality types actually declining.
To learn more about Indiana's 2023 farmland values, you can listen to the first of two podcasts in this series for a wide ranging discussion on Indiana farmland values with professors Kuethe, Langemeier and Mintert.
Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast142.
New! You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/_r5ZQej9Wvg to subscribe and watch.
Sunday Aug 06, 2023
(Part 1) Indiana Farmland Values 2023 Update
Sunday Aug 06, 2023
Sunday Aug 06, 2023
Purdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss Indiana farmland values on this, the first of two episodes discussing the 2023 Purdue Farmland Values and Cash Rents Survey results. Each June, the department of agricultural economics surveys knowledgeable professionals regarding Indiana's farmland and cash rental market. The 2023 survey results confirm that the average value for Indiana farmland hit a new record high this summer. Growth in values, however, was relatively modest compared to the record high appreciation observed in 2022 and the shifts in farmland values varied quite a bit depending on location within the state and land quality.
To learn more about Indiana's 2023 farmland cash rental rates, listen to the second of two podcasts in this series for a wide ranging discussion on cash rent with professors Kuethe, Langemeier and Mintert.
Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast141.
New! You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/dPCsvO2GXW4 to subscribe and watch.
Tuesday Aug 01, 2023
Ag Barometer Insight: July 2023 Survey Results
Tuesday Aug 01, 2023
Tuesday Aug 01, 2023
Agricultural producer sentiment improved slightly in July as the Purdue University-CME Group Ag Economy Barometer rose two points above its June reading to an index value of 123. This month's Ag Economy Barometer survey was conducted from July 10-14, 2023.
The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the July 2023 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.