Farmer Sentiment Improves, Producers Credit Stronger Financial Conditions

Dan Economy

For the second month, farmer sentiment improved as the Purdue University-CME Group Ag Economy Barometer climbed five points. November’s 12-point rise in the Current Conditions Index to a reading of 113 was primarily responsible for the month’s sentiment improvement as the Index of Future Expectations only improved by two points. Both sub-indices exceeded their year-ago levels in November. The Current …

“True Cost” of Food Discussed at COP28

Dan Climate Change, Economy

True cost accounting takes into consideration every possible expense involved in an activity. In the case of agriculture, two recent true cost accounting reports show there are many hidden costs in the food supply around the world. They were a topic of discussion at the UN Climate Change Conference, COP28, this week in Dubai. Sara Farley, Vice President of the …

Keeping an Eye on Wall Street

Dan Commodities, Corn, Economy, Soybeans, Wheat

Traders are keeping an eye on Wall Street. Mark Oppold has more on that, along with noting where the national debt currently stands. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As Catalyst For Timely ResearchSeptember 26, 2025

USDA Releases Farm Sector Income Report

Dan Economy

USDA’s Economic Research Service (ERS) released its annual Farm Sector Income Forecast Report for 2023 which shows lower net farm income this year. Ag Secretary Tom Vilsack says while net farm income will drop below the record high in 2022, it’s one of the best years on record for the overall farm sector at $151.1 billion. “In fact, net cash …

Tracking Various Agricultural Commodities for the Year

Dan Beef, Cattle, Commodities, Corn, Cotton, Economy, Field Crops, Marketing, Pork, Soybeans, Wheat

Last week Mark Oppold talked about various agricultural commodities and how November was not a very friendly month for many of them. Today he looks at how they’ve performed so far this year. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As Catalyst …

Many Agricultural Commodities Struggle in November

Dan Beef, Biofuels/Energy, Cattle, Commodities, Corn, Economy, Marketing, Pork, Soybeans, Wheat

Like the past couple of months, November was not a very friendly month for many of the agricultural commodities. Mark Oppold looks at how trading did this past month. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As Catalyst For Timely ResearchSeptember 26, …

Most States Saw Growth in Net Farm Income During 2022

Dan Economy, USDA-ERS

The U.S. saw growth of almost 31 percent in net farm income from 2021 through 2022. NFI is a broad measure of farm sector profitability. Researchers with USDA’s Economic Research Service (ERS) used data from the Farm Income and Wealth Statistics to classify states into six categories of NFI changes. The five agricultural states with the highest NFI include Texas, …

Watching the Corn and Soybean Trade

Dan Beef, Cattle, Commodities, Corn, Economy, Marketing, Pork, Soybeans, Wheat

Grain traders are watching both corn and soybean futures this week. Mark Oppold notes that despite the lack of lack of fresh news, there has been some movement. Sponsored ContentFCEB Recurring Funding Provides Opportunity for Longer Term Research ProjectsOctober 10, 2025Florida Cattle Enhancement Board Advances Forage ResearchOctober 3, 2025Florida Cattle Enhancement Board Acts As Catalyst For Timely ResearchSeptember 26, 2025