Farmers Optimistic Despite Tough Times: Survey

US farmers are optimistic about the future, even though their perception of current economic conditions is down, according to a monthly survey of farmer perceptions by Purdue University. As a result of that dichotomy of views, the Ag Economy Barometer essentially drifted sideways in December to a reading of 150, compared with 153 in November.  … Read More

Funds Cut Long Cattle Position

Large commodity investment funds, known as managed money, cut their net long commitment to live cattle futures during the week ended Tuesday, according to data from the Commodity Futures Trading Commission. The CFTC’s Commitments of Traders report normally is released on Fridays but was delayed to Monday by last week’s New Year’s Day holiday. The … Read More

Economist Calls For Pre-Planting Guides From USDA

A university agricultural economist is calling for pre-planting guidelines from the USDA that would allow farmers to understand their protection from trade-related losses. Roman Keeney, associate professor of agricultural economics at Purdue University, said in a 2020 outlook that the continued uncertainty around the negotiations and the level of needed trade adjustments required argued strongly … Read More

Economist: Take Stock Of 2019, Plan For 2020

A well-known university agricultural economist is telling cattle producers to take stock of their business status and look forward to 2020. Derrell Peel, from Oklahoma State University, said in a letter to Extension Agents that whether 2019 was good, just okay or disappointing, there is value in taking some time to analyze the reasons for … Read More

Purdue Economist: Trade Policy Super Important In 2020

This new year could be the most important year for US agricultural trade policy since at least the mid-1990s, said Purdue University Agricultural Economist Russell Hillberry, in a 2020 outlook paper. It is difficult to know what the future holds for agricultural trade as much depends on the outcome of the presidential election and how … Read More

Phase 1 Could Bring Fund Short Covering To Corn

A signing of the Phase 1 trade deal with China could go a long way toward enhancing President Trump’s book with farmers and ranchers as it is supposed to bring down high tariffs, allowing freer imports of US agricultural commodities, a market analyst said. There are rumors the pact will be signed soon, perhaps even … Read More

2020 Holds Uncertainty For Farmers: Purdue Economists

Looking ahead into 2020, the Purdue University Agricultural Economics department said in an extensive outlook report that several issues will hold over from this year into next, providing uncertainty for farmers and ranchers. The outlook focuses on Indiana agriculture, but there are many parts of it that can apply to individual growers and livestock producers … Read More