AgCast by Purdue Commercial Agriculture

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 dema...

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://p...

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-...

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 Tran...

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...

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 a...

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 soybea...

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 th...

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 in...

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 pr...

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...

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 rev...

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...

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 prospect...

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...

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 G...

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...

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 th...

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...

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...

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...

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 strat...

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 insi...

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, co...