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Farm management news and advice for top agricultural producers from ag economists at Purdue University’s Center for Commercial Agriculture.
Episodes
Friday Nov 11, 2022
Friday Nov 11, 2022
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.
Tuesday Nov 01, 2022
Tuesday Nov 01, 2022
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.
Friday Oct 14, 2022
Friday Oct 14, 2022
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.
Tuesday Oct 04, 2022
Tuesday Oct 04, 2022
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.
Thursday Sep 29, 2022
Thursday Sep 29, 2022
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.
Monday Sep 26, 2022
Monday Sep 26, 2022
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.
Friday Sep 16, 2022
Friday Sep 16, 2022
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.
Tuesday Sep 06, 2022
Tuesday Sep 06, 2022
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.
Thursday Aug 25, 2022
Thursday Aug 25, 2022
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.
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.
Friday Aug 12, 2022
Friday Aug 12, 2022
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.