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Thursday on AOA, powered by Cenex, we start the show with a look at the markets, potential impacts of trade deals, spread action in corn and more with Mike Zuzolo from Global Commodity Analytics. In Segment Two, we get an update on the latest Ag Economy Barometer with Dr. Jim Mintert, Professor Emeritus with Purdue's Center for Commercial Agriculture. In Segment Three, we discuss National Farmers Union's Week of Action with their VP of Advocacy, Mike Stranz. Then we close the show with a look at ag news headlines from Capitol Hill in Segment Four.
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 US/China3:16 New Trade Agreements?4:33 China Wheat Problems6:49 Transition Planning8:35 Farmer Sentiment10:29 Ethanol Exports are Strong11:49 SAF News13:17 Problems at ADM
Dr. Jim Mintert, professor emeritus at Purdue University, joins us to talk about the latest Ag Economy Barometer which sees an uptick in optimism among participating farmers. Our Farmer Forum features Chad Leman of Illinois and Bill Flory of Idaho.See omnystudio.com/listener for privacy information.
Farmer sentiment improved in April as producers expressed more optimism about current and future conditions on their farms. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the April 2025 Ag Economy Barometer survey, conducted from April 14-21, in this episode of the Purdue Commercial AgCast. The Purdue University/CME Group Ag Economy Barometer rose 8 points to a reading of 148, up from 140 in March. Key topics include the surprising economic optimism among livestock producers, farm capital investment trends, and ongoing trade policy impacts. The conversation also covers survey respondents' expectations for farm input costs, interest rates, and the potential long-term effects of tariffs on U.S. agriculture. The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. Further details on the full report is available at https://purdue.edu/agbarometer. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast186. You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/ZAK199Yq61c to subscribe and watch. 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.
The Ag Economy Barometer dipped 12 points and Professor Emeritus Dr. Jim Mintert joins us to review the survey of participating producers. This week's Farmer Forum features Glen Newcomer of Ohio and Chase Dewitz of North Dakota. They share their thoughts on tariffs, USDA plantings report, local seed sales and more.See omnystudio.com/listener for privacy information.
Weaker expectations for the future led to a decline in farmer sentiment in March as the Purdue University-CME Group Ag Economy Barometer index fell 12 points to a reading of 140, down from 152 a month earlier. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the March 2025 Ag Economy Barometer survey, conducted from March 10-14, in this episode of the Purdue Commercial AgCast. They analyze key changes, including a 12-point drop in the index, driven primarily by a decrease in future expectations. The episode covers impacts of trade policies, tariff uncertainties, and their effects on corn and soybean prices. The discussion also touches on farm capital investment, farmland value expectations, anticipated government compensation, and producer sentiments towards inflation and interest rates for 2025. The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. Further details on the full report is available at https://purdue.edu/agbarometer. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast184. You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/rIeEV2hd1G4 to subscribe and watch. 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.
Commodity Classic 2025 is over but yesterday we took advantage of meeting people in attendance to record this morning's program. Dr. Jim Mintert, professor emeritus at Purdue University, was at Commodity Classic so we talked with him about the latest Ag Economy Barometer. Then for this week's Farmer Forum we have NCGA president Kenny Hartman, Jr. and NAWG president Keeff Felty.See omnystudio.com/listener for privacy information.
U.S. farmer sentiment continued its upward trend in February, as the Purdue University/CME Group Ag Economy Barometer rose 11 points from the previous month to a reading of 152. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the February 2025 Ag Economy Barometer survey, conducted from February 10-14, in this episode of the Purdue Commercial AgCast. They discuss factors driving the rise in producer sentiment, such as higher corn and soybean prices, expected government payments, and a strong livestock sector. The episode also covers trade policy concerns, capital investment plans, and farmland value expectations. The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. Further details on the full report is available at https://purdue.edu/agbarometer. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast183. You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/O3xLgw6KQOU to subscribe and watch. 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.
Professor Michael Langemeier of Purdue University joins us to discuss the latest Ag Economy Barometer. And we have a Farmer Forum a day early and with an extra farmer. Sherman Newlin of Illinois, plus Bob Hemesath and Scott Berger of Iowa talk about issues affecting their operations.See omnystudio.com/listener for privacy information.
U.S. farmers retained their post-election optimistic outlook at the start of the new year as the January Purdue University-CME Group Ag Economy Barometer Index rose 5 points above a month earlier to a reading of 141. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the January 2025 Ag Economy Barometer survey, conducted from January 13-17, in this episode of the Purdue Commercial AgCast. They discuss improvements in farmer sentiment, the impact of higher corn and soybean prices, and farm financial performance. The episode also explores farmers' expectations regarding operating loans, farmland values, and investments in solar energy projects. The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. Further details on the full report is available at https://purdue.edu/agbarometer. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast182. 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.
There was some pullback on the December edition of Ag Economy Barometer and Dr. Jim Mintert, professor emeritus at Purdue University, talks us through the results. Then we have a Farmer Forum with Garry Niemeyer of Illinois and Casey Schumacher of Nebraska.See omnystudio.com/listener for privacy information.
Farmer sentiment drifted lower in December as the Purdue University/CME Group Ag Economy Barometer dropped 9 points to a reading of 136. The decline was driven by producers' weaker perspective on current conditions in U.S. agriculture and their farms, with the Index of Current Conditions falling 13 points to 100. Although the Current Conditions Index declined this month, it remains 24 points above its low in September and 5 points higher than in October. The Index of Future Expectations also fell 8 points to 153, remaining 59 points above its September low and 29 points higher than the October reading. This month's survey was conducted from Dec. 2-6, 2024. The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. The full report is available at https://purdue.edu/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. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast181. You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/5L6ypx9J8J0 to subscribe and watch.
Dr. Jim Mintert, director, Center for Commercial Agriculture at Purdue University, walks us through the latest Ag Economy Barometer and the apparent up-tick in farmers and ranchers overall confidence. Then we have a Farmer Forum with Ron Suppes of Kansas and Brent Judisch of Iowa.See omnystudio.com/listener for privacy information.
Farmer sentiment jumped again in November, with the Purdue University/CME Group Ag Economy Barometer climbing 30 points to a reading of 145. This marked the highest level of farmer optimism since May 2021. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the November 2024 Ag Economy Barometer survey, conducted Nov. 11-15, 2024, the week following the U.S. presidential election. Both of the barometer's sub-indices increased in November. The Future Expectations Index saw the largest jump, rising 37 points to 161, while the Current Conditions Index increased 18 points to 113. The November sentiment boost reflects growing optimism about a more favorable regulatory and tax environment for agriculture following the U.S. election. The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. The full report is available at https://purdue.edu/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. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast179. You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/PlvesDCoYj8 to subscribe and watch.
Dr. Jim Mintert, professor and extension economist in the Department of Agricultural Economics at Purdue Universiity, joins us to discuss the results of the latest Ag Economy Barometer. And we have a Farmer Forum with Iowa State Rep. Chad Ingels and North Carolina farmer Frank Howey.See omnystudio.com/listener for privacy information.
Farmer sentiment saw an unexpected surge in October ahead of the upcoming U.S. election, according to the latest Purdue University/CME Group Ag Economy Barometer. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the October 2024 Ag Economy Barometer survey, conducted from Oct. 14-18, 2024. The Barometer Index rose 27 points to 115, with increases in both the Current Condition Index and the Future Expectation Index. Key insights include farmers' improved optimism about 2025 despite high input costs and lower crop prices. Specific survey responses on financial conditions, investment plans, and farmland value expectations are discussed, alongside their potential influences, such as the upcoming election and policy concerns. The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. The full report is available at https://purdue.edu/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. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast178. You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/EV_0yPgTRnY to subscribe and watch.
This week's Farm News and Views covers the latest Ag Economy Barometer, where farmers express mixed feelings about commodity prices, trade, and the 2024 elections, as well as a heartwarming story of a goat joining a half marathon in Canada.
In September, the Purdue University/CME Group Ag Economy Barometer recorded its lowest readings since March 2016. Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the September 2024 Ag Economy Barometer survey, conducted from Sept. 9-13, 2024. This month, the Ag Economy Barometer fell 12 points to 88, marking significant concerns among producers, especially crop farmers. The discussion highlights shifts in sentiment, the impact of input costs, declining income expectations and profitability, and a detailed look at farmland values and cover crop usage. Understand the current state and future expectations of the U.S. agricultural economy. The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers' responses to a telephone survey. The full report is available at https://purdue.ag/barometer108. 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. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast175. You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/JEONO4VdIuQ to subscribe and watch.
First Wednesday of the month means an updated Ag Economy Barometer with Dr. Jim Mintert of Purdue University. Any Wednesday of the month means a Farmer Forum, and this week we have Dennis Bogaards of Iowa and Steve Pitstick of Illinois.See omnystudio.com/listener for privacy information.
The August Purdue University/CME Group Ag Economy Barometer dropped 13 points from July to a reading of 100, echoing levels seen from fall 2015 to winter 2016 during the early stages of a significant downturn in the U.S. farm economy. The Index of Current Conditions also dropped 17 points to 83, while the Index of Future Expectations decreased by 11 points to 108. Weakening farm income prospects weighed on farmers' sentiment as the outlook for a bountiful fall harvest was more than offset by declining crop prices. This month's survey was conducted from Aug. 12-16, 2024. 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 2024 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.
Purdue's latest Ag Economy Barometer was released yesterday and Dr. Jim Mintert of the Center for Commercal Agriculture takes us through the results. Then we have a Farmer Forum with Tim Burrack of Iowa and Frank Howey of North Carolina.See omnystudio.com/listener for privacy information.
Three broad-based measures of farmer sentiment improved in July as the Purdue University/CME Group Ag Economy Barometer Index rose 8 points to 113, the Index of Current Conditions increased by 10 points to 100, and the Index of Future Expectations at 119 was 7 points higher than a month earlier. Despite declines in corn and soybean prices, Eastern Corn Belt cash prices went down 11% and 5%, respectively, from mid-June to mid-July, farmer sentiment improved in July. This month's Ag Economy Barometer survey was conducted from July 15-19, 2024. 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 2024 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.
Dr. Jim Mintert, director of Purdue University's Center for Commercial Agriculture, joins us to run through the latest Ag Economy Barometer, which was released today. And Ethan Lane, vice president of government affairs at the National Cattlemen's Beef Association, talks about the implications of the Supreme Court's landmark ruling that eliminates Chevron deference going forward.See omnystudio.com/listener for privacy information.
Farmer sentiment drifted downward in June as the Purdue University/CME Group Ag Economy Barometer reading of 105 was 3 points lower than a month earlier. The overall decline in sentiment was due to a five-point drop in the Index of Future Expectations, which fell to 112, while the June Current Conditions Index increased to 90, 1 point higher than the May index. High input costs, the risk of lower prices for their products, and rising interest rates continue to weigh on farmer sentiment. This month's Ag Economy Barometer survey was conducted from June 17-21, 2024. 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 June 2024 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.
In this week's episode, Tracy speaks to Michael Langemeier from Purdue University about “Measuring Optimism in Agriculture: May 2024 Ag Economy Barometer Report.” In this episode, Tracy and Michael speak about: What is the Ag Economy Barometer? In this interview, Michael shares the survey results from over 400 producers who were asked a series of questions. Purdue University and CME then compile the results to create the Ag Economy Barometer. The May 2024 results are in. Michael reviews the survey results and covers the following areas: Indexes of Current Conditions and Future Expectations Farm Financial Performance Index Farm Capital Investment Index The primary reason that now is a bad time to make large investments. Short-term farmland value expectations Long-term farmland value expectations We discuss energy topics, including carbon markets, solar panels, and ethanol plans. Are producers excited about these opportunities? For USA producers…what is the likelihood of Congress passing a farm bill? Michael wraps up the interview and shares his final thoughts on the levels of optimism in agriculture right now. Are you curious how other producers are feeling about the current state of agriculture? How optimistic are farmers about the future of farming? You will need to tune into today's episode to learn more. *********** Show Resources About the Ag Economy Barometer: The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy. On the first Tuesday of each month, the Ag Economy Barometer provides a sense of the agricultural economy's health with an index value. The index is based on a survey of 400 agricultural producers on economic sentiment each month. Quarterly, the index is accompanied by an in-depth survey of 100 agriculture and agribusiness thought leaders. Ag Economy Barometer:https://ag.purdue.edu/commercialag/ageconomybarometer/ Purdue Commercial Ag Learning Centre: https://ag.purdue.edu/commercialag/home/team/michael-langemeier/ *********** SIGN UP If you enjoyed this episode, don't forget to sign up as an Insider so that you are first to know about all-new Impact Farming episodes, Expert Corner Segments, fantastic contests, and new promotions https://www.farmmarketer.com/impact_farming_show/sign-up
Dr. Jim Mintert, Director, Center for Commercial Agriculture at Purdue University, joins us for a look at the latest Ag Economy Barometer. And it's Pork Week Day Two, so Jennifer Shike introduces us to Barn Hero Summer Doty, farrowing manager at Islecrest Farms in Ohio.See omnystudio.com/listener for privacy information.
U.S. farmers' outlook improved in May as the Purdue University/CME Group Ag Economy Barometer index rose to 108, marking a 9-point increase from April. Both of the barometer's subindices saw increases, with the Index of Future Expectations climbing 11 points to 117 and the Current Conditions Index rising 6 points. The rise in crop prices played a role in boosting farmer sentiment this month. By mid-May, Eastern Corn Belt cash corn prices had increased by 6% to 7%, and soybean prices had risen by 2% to 3% since the April survey was conducted. The improvement in prices aligned with good corn and soybean planting progress, which likely contributed to the sentiment improvement. This month's Ag Economy Barometer survey was conducted from May 13-17, 2024. The 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 shares some insight into the results of the May 2024 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.
The latest Ag Economy Barometer was released today and Dr. Jim Mintert, Director, Center for Commercial Agriculture at Purdue University joins us to talk about the results. U.S. Senator Roger Marshall, M.D. of Kansas joins us to talk about Chairwoman Stabenow's Farm Bill proposal and what wants to see in the next Farm Bill.See omnystudio.com/listener for privacy information.
April witnessed a steep decline in U.S. farmer sentiment, as indicated by the Purdue University/CME Group Ag Economy Barometer, which fell 15 points from March to a reading of 99. April marked the lowest farmer sentiment reading since June 2022 and the weakest current condition rating since May 2020. The sentiment decline was driven by worries regarding the current financial situation on farms and anticipated financial challenges in the coming year. The April Ag Economy Barometer survey was conducted from April 8-12, 2024. The 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 shares some insight into the results of the April 2024 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 Monday's episode of AOA, powered by Cenex, we start the show discussing the money flow into the outside markets amid a quiet commodity trade with Darin Newsom, Senior Market Analyst at Barchart. In Segment Two, we talk about weather for the week ahead and more with DTN Meteorologist Teresa Wells. Next up in Segment Three, Dr. Jim Mintert with the Purdue Center for Commercial Agriculture joins the show to look over the latest results of the Ag Economy Barometer. And then we wrap the show in Segment Four with a look at some of the latest ag news headlines.
Dr. Jim Mintert, professor of agricultural economics and director, Center for Commercial Agriculture at Purdue University, joins us to break down the latest Ag Economy Barometer. And Ben Riensche of Iowa and Glen Newcomer of Ohio are in this week's Farmer Forum.See omnystudio.com/listener for privacy information.
U.S. farmers' perspective on the future improved in March helping to push the Purdue University-CME Group Ag Economy Barometer up 3 points from February to a reading of 114. The Index of Current Conditions at 101 was 2 points below a month earlier while the Index of Future Expectations reached 120, 5 points higher than in February. The split between the current and future indices was driven primarily by farmers' perception that their financial condition has deteriorated over the last year while they expect their financial situation to improve modestly in the next 12 months. The March Ag Economy Barometer survey was conducted from March 11-15, 2024. 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 March 2024 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 Friday's AOA, brought to you by Cenex, we start the show with a look at markets and a March WASDE preview with Jim McCormick from AgMarket.net. In Segment Two, we have a conversation about the latest Ag Economy Barometer with Dr. Jim Mintert from Purdue University's Center for Commercial Agriculture. Then in Segment Three, we discuss USDA traceability funding and the latest Packers and Stockyards Act rule with NCBA Senior Director, Government Affairs, Tanner Beymer. Finally in Segment Four, we learn about the 4R Advocate Program with The Fertilizer Institute's Director of Retail and Field Sustainability Peyton Harper.
Dr. Jim Mintert, professor of agricultural Eeonomics and director, Center for Commercial Agriculture at Purdue University, joins us to discuss the latest Ag Economy Barometer. Then our Farmer Forum features Joe Del Bosque of California and James Johnson of New Mexico.See omnystudio.com/listener for privacy information.
The latest Purdue University/CME Group Ag Economy Barometer reveals a modest increase in farmer sentiment compared to the previous month, though concerns remain regarding farm financial performance in the year ahead. The barometer rose in February posting a reading of 111, 5 points higher than a month earlier. The modest rise in the barometer was attributable to producers expressing somewhat more optimism about the future as the Future Expectations Index rose 7 points to a reading of 115 while the Current Conditions Index was unchanged, both compared to a month earlier. Although farmers' expectations for the future improved in February, their financial performance expectations did not. February's Farm Financial Performance Index reading of 85 was 1 point lower than in January and 13 points below its most recent peak in December. Weak crop prices continue to weigh on financial expectations as mid-February Eastern Corn Belt cash prices for corn and soybeans were 7 and 8% lower, respectively, than two months earlier when the December survey was conducted. The February Ag Economy Barometer survey was conducted from February 12-16, 2024. 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 February 2024 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 Tuesday's AOA, we start the show with a look at a very quiet grain and livestock market with Garrett Toay from Ag Trader Talk. Next up, we discuss the latest Ag Economy Barometer from Purdue University/CME Group with Dr. Jim Mintert from the Center for Commercial Agriculture at Purdue University. In Segment Three, we look at year-end meat export data from the U.S. Meat Export Federation with USMEF President and CEO, Dan Halstrom. Finally in Segment Four, we discuss last week's dicamba court ruling on the cotton industry with Dr. Chad Brewer, VP of Technical Services with the National Cotton Council.
Michael Langemeier, professor at Purdue's Department of Agricultural Economics, joins us to discuss the results of the latest Ag Economy Barometer. Growth Energy CEO Emily Skor talks about their recent Executive Leadership Conference. And Daren Coppock, president and CEO of Agricultural Retailers Association, shares details about the Federal District Court decision that vacated the registrations for over-the-top dicamba products.See omnystudio.com/listener for privacy information.
Farmer sentiment took a downturn at the start of 2024 as the January Purdue University-CME Group Ag Economy Barometer Index fell to a reading of 106, 8 points below a month earlier. Compared to year-end, producers had a more negative outlook of their farms' current situation along with a weakened outlook for the future as the Current Conditions Index fell 9 points and the Future Expectations Index dropped 7 points, both compared to December. Anticipated lower farm income in 2024 significantly influenced the decline across all indices, evident in the Farm Financial Performance Index registering at 85, which was 12 points lower than a month earlier. The January Ag Economy Barometer survey was conducted from January 15-19, 2024. 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 January 2024 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.
Clinton Griffiths Hosts AgDay: Farmers aren't overly optimistic to start a new year. We'll look at the latest producer sentiments from the Ag Economy Barometer. Plus, the winners and losers of 2023. What does it mean for the year ahead?See omnystudio.com/listener for privacy information.
We decided to catch up with Pro Farmer policy analyst Jim Wiesemeyer on news from the New Year's weekend and Dr. Jim Mintert of Purdue University provides his monthly update on the Ag Economy Barometer.See omnystudio.com/listener for privacy information.
U.S. farmers' sentiment changed very little in December compared to the preceding month. The Purdue University-CME Group Ag Economy Barometer recorded a reading of 114, just one point lower than a month earlier. Both sub-indices of the barometer, the Index of Current Conditions and the Index of Future Expectations, also fell one point below their respective November readings. Looking ahead to 2024, U.S. farmers inflation expectations are markedly lower than they were at the start of 2023. The December Ag Economy Barometer survey was conducted from December 4-8, 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 December 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.
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.
On Thursday's AOA, we start the show with a look at the markets and headlines driving the trade this week with Jim McCormick from AgMarket.net. In Segment Two, we have a conversation about propane with Michael Newland from the Propane Education and Research Council (PERC). Then, we go over the latest Ag Economy Barometer results with Dr. Jim Mintert from Purdue University in Segment Three. Finally, we wrap with a look at the latest ag news headlines to end the show in Segment Four.
Dr. Jim Mintert, Purdue University Professor of Agricultural Economics and Director at the Center for Commercial Agriculture, joins us to review the latest Ag Economy Barometer and this week's Farmer Forum features Randy Francois of Iowa and Chad Lehman of Illinois.See omnystudio.com/listener for privacy information.
Cattle prices are tumbling, so what's changed since those high prices this fall? We'll take a closer look. Plus, a new Ag Economy Barometer has farmers in a holiday mood ahead of the new year.See omnystudio.com/listener for privacy information.
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.
The Purdue University-CME Group Ag Economy Barometer rose four points in October to 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.See omnystudio.com/listener for privacy information.
Davis Michaelsen re-takes the Big Green Leafy Microphone and his guests this morning are dairy farmer and podcast host Peggy Coffeen of Uplevel Dairy. Then we get the monthly Ag Economy Barometer update from Purdue's Michael Langemeier.See omnystudio.com/listener for privacy information.
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.
A new Ag Economy Barometer has just been released by Purdue and Dr. Jim Mintert, director at Purdue's Center for Commercial Agriculture, joins us to review the latest results. U.S. Senator Joni Ernst of Iowa talks about improving integrity for SNAP, making USDA and USTR work together, and keeping the federal government operating.See omnystudio.com/listener for privacy information.