Video

Why Ducks Are More Valuable Than Crops in the Delta

Lessons From the Delta continues — and this time, the conversation turns to an unexpected connection between rice farming, water management, and wildlife. In the 8th and final episode of the Purdue Commercial AgCast mini-series, Chad Fiechter and Todd Kuethe travel to eastern Arkansas to explore how rice production systems intersect with conservation—and why organizations like Ducks Unlimited are working directly with farmers. What starts as a discussion about rice fields quickly expands into a deeper look at water use, groundwater depletion, and how wildlife habitat can create additional economic value on farmland. The conversation explores: • Why rice fields function as surrogate wetlands for waterfowl • How duck hunting and recreation influence land values in the Delta • The scale of water use in rice production—and why it matters • How farmers are adapting to groundwater decline with new practices • The tradeoffs between yield, water efficiency, and management complexity • Why agriculture in the Delta requires a fundamentally different system approach With water becoming an increasingly binding constraint, this episode highlights how farmers are balancing productivity, conservation, and long-term sustainability—and what that means for the future of agriculture. 🎧 Subscribe so you don’t miss upcoming episodes in the Lessons From the Delta series: https://www.youtube.com/PurdueCenterforCommercialAg In this episode: 00:00 Why Ducks Can Be More Valuable Than Crops 01:04 Why Ducks Unlimited Works with Rice Farmers 02:42 How Rice Fields Mimic Wetlands 06:44 The Water Problem in Delta Agriculture 09:21 How Rice Farmers Are Reducing Water Use 15:10 Duck Hunting, Land Values, and Farm Income 17:58 What This Means for Farm Management Learn more about Ducks Unlimited: https://www.ducks.org/ — Follow the Purdue Center for Commercial Agriculture: X: https://x.com/PUCommercialAg Facebook: https://www.facebook.com/PUCommercialAg LinkedIn: https://www.linkedin.com/company/center-for-commercial-agriculture/ Website: https://purdue.edu/commercialag — Sign up for our newsletter: https://purdue.ag/CCAsubscribe A note from us to you, few times a week, sharing simple, practical ways to keep your farm business informed. — Subscribe to the Center’s channel here: https://www.youtube.com/PurdueCenterforCommercialAg — Listen to The Purdue Commercial AgCast Podcast 🎧 New episodes drop every Wednesday! https://purdue-commercial-agcast/spotify https://purdue-commercial-agcast/applepodcasts https://purdue-commercial-agcast/podbean

How Rice Farmers Cut $31/Acre Water Costs

Lessons From the Delta continues — this time from the edge of a 120-acre on-farm reservoir. In Part 7 of the Purdue Commercial AgCast mini-series, Chad Fiechter and Todd Kuethe visit a rice farm in Arkansas to understand how farmers are managing water, labor, and costs in ways that look very different from the Midwest. What starts as a farm tour turns into a practical discussion about irrigation strategy, groundwater replacement, and the economics behind building large on-farm reservoirs. The conversation also covers: • How farmers can save up to $31 per acre by pumping surface water instead of groundwater • Why reservoirs reduce energy costs and improve water temperature for crop performance • Capturing and recycling nutrients through tailwater recovery systems • The tradeoff between taking land out of production and lowering long-term costs • How pump automation reduces labor needs and improves quality of life • Why water management is becoming a central constraint in modern farming systems As input costs and labor challenges continue to shape farm decisions, these systems raise important questions for Midwestern operations: What would it take to justify an investment like this? Where do water, labor, and energy intersect on your farm? And how do you evaluate long-term efficiency vs. short-term cost? This episode builds on earlier conversations in the Delta series and brings the focus directly to how farmers are making real-world management decisions under different constraints. We’ll continue sharing video clips and behind-the-scenes footage from the Arkansas trip on our YouTube channel throughout the series. Subscribe to the Purdue Commercial AgCast so you don’t miss upcoming episodes in the Lessons From the Delta series. — Follow the Purdue Center for Commercial Agriculture: X: https://x.com/PUCommercialAg Facebook: https://www.facebook.com/PUCommercialAg LinkedIn: https://www.linkedin.com/company/center-for-commercial-agriculture/ Website: https://purdue.edu/commercialag — Sign up for our newsletter: https://purdue.ag/CCAsubscribe A note from us to you, few times a week, sharing simple, practical ways to keep your farm business informed. — Subscribe to the Center’s channel here: https://www.youtube.com/PurdueCenterforCommercialAg — Listen to The Purdue Commercial AgCast Podcast 🎧 New episodes drop every Wednesday! https://purdue-commercial-agcast/spotify https://purdue-commercial-agcast/applepodcasts https://purdue-commercial-agcast/podbean

Farm Sentiment Is Up… So Why Are Farmers Still Worried?

Farmer sentiment improved in March—but the underlying pressures in the farm economy haven’t gone away. In this episode of the Purdue Commercial AgCast, Joana Colussi and Michael Langemeier break down the March 2026 Purdue University/CME Group Ag Economy Barometer. Despite rising input costs and global uncertainty tied to geopolitical conflict, farmer sentiment moved higher—driven in part by stronger crop prices and government payments. But the improvement comes with important caveats. Tight margins, rising breakeven costs, and shifting risk priorities are shaping how farmers approach investment, production, and long-term strategy. More importantly, these signals highlight how producers are balancing short-term optimism with longer-term uncertainty. In this episode, we discuss: • What’s driving the recent increase in farmer sentiment • How $35/acre payments and higher corn prices are influencing outlook • Why only 4% of farmers plan to increase machinery purchases • How rising input costs are impacting breakeven prices and profitability • Why financial risk has overtaken marketing risk for many farms • What farmers expect for inflation and interest rates in the year ahead • How solar leasing is evolving across regions and land markets • What’s driving farmland value expectations in 2026 📊 Read the full Ag Economy Barometer report: https://purdue.ag/barometer126 🎧 Subscribe so you don’t miss future updates on the farm economy: https://www.youtube.com/PurdueCenterforCommercialAg In this episode: 00:00 – Why Farmer Sentiment Is Rising (But Risks Are Growing) 01:09 – March 2026 Ag Economy Barometer: Key Results Explained 02:10 – What’s Driving Higher Farmer Sentiment Right Now? 04:13 – Why Farmers Are NOT Buying Equipment in 2026 05:56 – Input Costs Are Rising Again: Biggest Risk for Farmers 08:01 – Inflation & Interest Rate Outlook: What Farmers Expect 09:36 – Financial Risk Overtakes Marketing Risk (What It Means) 10:25 – Solar Leasing on Farmland: Growing Trend or Hype? 13:16 – Farmland Values Outlook: Will Land Prices Keep Rising? 16:07 – Are Farmers More Optimistic About the U.S. Economy? 18:10 – Final Takeaways: What Farmers Should Watch Next — Follow the Purdue Center for Commercial Agriculture: X: https://x.com/PUCommercialAg Facebook: https://www.facebook.com/PUCommercialAg LinkedIn: https://www.linkedin.com/company/center-for-commercial-agriculture/ Website: https://purdue.edu/commercialag — Sign up for our newsletter: https://purdue.ag/CCAsubscribe A note from us to you, few times a week, sharing simple, practical ways to keep your farm business informed. — Listen to The Purdue Commercial AgCast Podcast 🎧 New episodes drop every Wednesday! https://purdue-commercial-agcast/spotify https://purdue-commercial-agcast/applepodcasts https://purdue-commercial-agcast/podbean

Farming Delta Rice—No Room for Error

Rice farming in the Mississippi Delta operates under tighter constraints than most Midwest grain systems—especially when it comes to labor, water management, and capital intensity. In Part 6 of our Lessons From the Delta series, Chad Fiechter and Todd Kuethe visit with Terry and Trent Dabbs at LTD Farms near Stuttgart, Arkansas, to explore what it takes to manage a rice-based operation. From irrigation-dependent production to equipment wear and labor demands, this system leaves little margin for error. More importantly, it offers practical lessons that extend beyond rice. In this episode, we discuss: • How tighter labor availability reshapes farm operations • Why equipment decisions look different in high-intensity systems • How water management drives daily decision-making • What production pressure reveals about timing and execution • How risk management changes when margins tighten While the crops differ, the core questions apply across agriculture: What happens when your margin for error disappears? And how should that change farm strategy? 🎧 Subscribe so you don’t miss upcoming episodes in the Lessons From the Delta series: https://www.youtube.com/PurdueCenterforCommercialAg In this episode: 00:00 Why Rice Farming Wears Out Equipment 00:57 Water Management Challenges & Field Leveling in Rice 05:17 Labor Challenges & Rice Farming Culture 15:43 Equipment Wear, Efficiency & Harvest Bottlenecks 17:08 Flood Irrigation Management & Water Supply Risks 20:20 Wildlife, Ducks & Life in the Delta — Follow the Purdue Center for Commercial Agriculture: X: https://x.com/PUCommercialAg Facebook: https://www.facebook.com/PUCommercialAg LinkedIn: https://www.linkedin.com/company/center-for-commercial-agriculture/ Website: https://purdue.edu/commercialag — Sign up for our newsletter: https://purdue.ag/CCAsubscribe A note from us to you, few times a week, sharing simple, practical ways to keep your farm business informed. — Listen to The Purdue Commercial AgCast Podcast 🎧 New episodes drop every Wednesday! https://purdue-commercial-agcast/spotify https://purdue-commercial-agcast/applepodcasts https://purdue-commercial-agcast/podbean

Autonomous “Ant” Machines in the Field — Delta Visit on the Purdue Commercial #AgCast

Watch this ANT crawl through the field—We talked with Sarah Hinkley with BOPA. Hear the full conversation on the Purdue Commercial AgCast podcast: 👉 https://www.youtube.com/playlist?list=PLlKk9K1Klxgaxj-E2OAsqRoFXn2aaK2RI

The Robot Changing Farming Isn’t What You Expect

Lessons From the Delta continues — and this time, an unexpected conversation in the field leads to a look at the future of farm labor. In Episode 5 of the Purdue Commercial AgCast mini-series, Chad Fiechter and Todd Kuethe meet Sarah Hinkley, CEO and co-founder of Barn Owl Precision Ag (BOPA), a company building small autonomous robots designed for precision weeding. What started as a chance encounter turns into a deeper discussion about labor shortages, farm profitability, and how automation is evolving in agriculture. The conversation explores: • Why labor constraints are driving innovation in agriculture • How small autonomous robots differ from traditional equipment • The role of precision weeding and reduced chemical use • What it takes to move ag technology from prototype to farm-ready • Why multiple small machines may replace single large equipment • The challenges of scaling robotics in real-world field conditions With farmers facing tightening margins and ongoing labor shortages, technologies like this highlight how automation may reshape field operations in the years ahead. 🎧 Subscribe so you don’t miss upcoming episodes in the Lessons From the Delta series: https://www.youtube.com/PurdueCenterforCommercialAg In this episode: 00:00 The Robot Lady Changing Farming 01:05 A Chance Encounter in the Field 03:10. What Is a “Nano Tractor”? 07:45 From Prototype to Real Farms 11:20 Can Small Robots Replace Big Equipment? 14:50 What Farm Automation Actually Looks Like — Follow the Purdue Center for Commercial Agriculture: X: https://x.com/PUCommercialAg Facebook: https://www.facebook.com/PUCommercialAg LinkedIn: https://www.linkedin.com/company/center-for-commercial-agriculture/ Website: https://purdue.edu/commercialag — Sign up for our newsletter: https://purdue.ag/CCAsubscribe A note from us to you, few times a week, sharing simple, practical ways to keep your farm business informed. — Listen to The Purdue Commercial AgCast Podcast 🎧 New episodes drop every Wednesday! https://purdue-commercial-agcast/spotify https://purdue-commercial-agcast/applepodcasts https://purdue-commercial-agcast/podbean

Todd Hulls Rice in Action — Delta Visit on the Purdue Commercial #AgCast

From raw grain to hulled rice—Todd gives a hands-on demo. Listen to the full discussion on the Purdue Commercial AgCast Podcast: 👉 https://www.youtube.com/playlist?list=PLlKk9K1Klxgaxj-E2OAsqRoFXn2aaK2RI

Inside the Rice Research Center Powering Half of U.S. Production

Lessons From the Delta continues — and this time, we step inside one of the most important research hubs in U.S. rice production. In Episode 4 of the Purdue Commercial AgCast mini-series, Chad Fiechter and Todd Kuethe visit the Northeast Rice Research and Extension Center in Arkansas to explore how research, infrastructure, and location all come together to support rice production at scale. Arkansas produces roughly 46–50% of U.S. long grain rice — and nearly half of that comes from just a handful of counties surrounding this research station. That level of concentration makes water management, variety development, and production practices critically important. The conversation also explores: • Why this research center was built in this exact location • How irrigation infrastructure and groundwater constraints shape production • The role of private companies and universities in variety development • Why rice production is far more management-intensive than corn and soybeans • How row rice systems are changing labor, cost, and management decisions • The ongoing challenge of weed control in flooded systems From flow meters on every field to real-time water monitoring, this facility highlights how data and research are helping farmers navigate increasingly complex production decisions. While rice may be a smaller crop nationally, the systems behind it are among the most advanced and management-intensive in agriculture. 🎧 Subscribe so you don’t miss upcoming episodes in the Lessons From the Delta series: https://www.youtube.com/PurdueCenterforCommercialAg In this episode: 00:00 Arkansas Rice Hotspot 01:25 Inside The Rice Center 03:28 Why This Location Matters 06:02 Irrigation Tech And Field Design 08:14 Weeds Rotation And Row Rice 16:27 Rice Is A 24/7 Crop — Follow the Purdue Center for Commercial Agriculture: X: https://x.com/PUCommercialAg Facebook: https://www.facebook.com/PUCommercialAg LinkedIn: https://www.linkedin.com/company/center-for-commercial-agriculture/ Website: https://purdue.edu/commercialag — Sign up for our newsletter: https://purdue.ag/CCAsubscribe A note from us to you, few times a week, sharing simple, practical ways to keep your farm business informed. — Listen to The Purdue Commercial AgCast Podcast 🎧 New episodes drop every Wednesday! https://purdue-commercial-agcast/spotify https://purdue-commercial-agcast/applepodcasts https://purdue-commercial-agcast/podbean

Autonomous Robots in the Soybean Field 🤖🌱

We met Sarah Hinkley with BOPA Precision Ag and got a front-row look at this autonomous technology in action. Hear more insights on the Purdue Commercial AgCast Podcast.

This 'White Soil' Is Different… Here’s Why 👀

See the texture and feel of ‘white soils’ (predominantly Henry Silt Loam) up close with Tim Burcham — real soil science from the field in Arkansas. Catch more insights from the Delta on the full Purdue Commercial AgCast Podcast: https://www.youtube.com/playlist?list=PLlKk9K1Klxgaxj-E2OAsqRoFXn2aaK2RI

What Midwestern Farmers Can Learn From Southern Agriculture

Southern agriculture operates in a very different environment than the Midwest — different crops, different water management systems, different land structures, and different production risks. But there are powerful lessons for commercial grain producers everywhere. In this episode of the Purdue Commercial AgCast, we launch a new mini-series: Lessons From the Delta. After traveling to Arkansas and the Mississippi Delta region, Chad Fiechter and Todd Kuethe share what stood out most about crop diversity, irrigation intensity, farm structure, and regional economics. From rice and cotton production to groundwater dependence and large-scale irrigation systems, this discussion explores how southern farmers manage risk differently than Midwest corn and soybean producers. The episode also highlights how climate, infrastructure, export access, and conservation programs shape long-term farm strategy in the Delta. While production practices may differ, the business questions are familiar: • How do you manage tight margins? • How do you think about long-term water access? • What does scale look like in a different production system? • And what can Midwest farmers learn from a region built around irrigation? This episode sets the stage for upcoming interviews with producers, researchers, Extension leaders, and conservation organizations across the Delta region. Subscribe to the Purdue Commercial AgCast so you don’t miss upcoming episodes in the Lessons From the Delta series. For more farm management resources, visit: 👉 https://purdue.ag/commercialag Subscribe to the podcast: 👉 https://purdue.ag/agcast Follow us: X: https://twitter.com/PUCommercialAg Facebook: https://www.facebook.com/PUCommercialAg LinkedIn: https://www.linkedin.com/company/center-for-commercial-agriculture

Land Values, Capital Markets, and the Business of Rice

Lessons From the Delta continues — but this time, the focus shifts from fields to finance. In Episode 2 of the Purdue Commercial AgCast mini-series, Chad Fiechter and Todd Kuethe sit down with Aaron Shew of Acres to explore how farmland is valued, how capital moves through the Delta, and why agricultural land markets are more complex than most producers realize. Unlike residential real estate, there is no “Zestimate” for farmland. In many counties, fewer than 10 land transactions occur each year — yet prices can shift 5–10% annually. That creates real challenges for lenders, brokers, investors, and farmers trying to make long-term capital decisions. The conversation also discusses: • Why agricultural land data is fragmented and difficult to combine • How lenders and investment firms evaluate farmland purchases • The role of mortgage data and transaction history • What rice farmers are actually paid for — and why it’s different from corn and soybeans • How milling yield introduces another layer of risk As the Delta’s irrigation-dependent system shows, land values, water access, and milling economics stack together to create a very different capital structure than what most Midwest producers experience. While the crops may differ, the business questions are familiar: How do you value long-term assets in volatile markets? How does capital flow shape farm strategy? And how does payment structure influence risk? This episode builds on Part 1 and sets up upcoming conversations on irrigation automation and capital investment decisions in the Delta. Subscribe to the Purdue Commercial AgCast so you don’t miss upcoming episodes in the Lessons From the Delta series. For more farm management resources, visit: 👉 https://purdue.ag/commercialag Subscribe to the podcast: 👉 https://purdue.ag/agcast Follow us: X: https://twitter.com/PUCommercialAg Facebook: https://www.facebook.com/PUCommercialAg LinkedIn: https://www.linkedin.com/company/center-for-commercial-agriculture

How Investors Buy Farmland (And Lease It Back to Farmers)

Farmland is increasingly attracting outside investment—but how do those deals actually work? In this episode of the Purdue Commercial AgCast Lessons From the Delta series, Chad Fiechter and Todd Kuethe speak with Colson Tester, an investment analyst with AcreTrader, a farmland investment platform based in Arkansas. Colson explains how farmland investment platforms identify farms to purchase, evaluate land values, and structure deals for investors. The discussion also explores typical investment hold periods, expected returns, and how farms are often leased back to local operators. During the visit, the group also toured one of the first farms AcreTrader purchased in the Mississippi Delta and discussed how irrigation systems and water management influence farmland values in the region. Subscribe to the channel for more Purdue Commercial AgBriefs and insights from the Purdue Commercial AgCast. #Purdue #Farmland #AgEconomics #FarmManagement #Agriculture

February Ag Economy Barometer: Crop Concerns, Livestock Optimism & Policy Shifts

The February 2026 Purdue University–CME Group Ag Economy Barometer shows a modest rebound in farmer sentiment—but future expectations continue to slide. In this episode of Purdue Commercial AgCast, Joana Colussi and Michael Langemeier analyze: • Why current conditions improved while future expectations weakened • The widening gap between crop and livestock outlooks • Strong cattle prices and sustained livestock optimism • Machinery investment hesitation and tight working capital • How producers plan to use Farmer Bridge Assistance Payments • Rising concern about trade policy • Farmland value expectations and balance sheet strength • Generational transition and farm growth trends Each month, 400 U.S. farmers share their perspectives on financial performance, policy, investment, and long-term plans. What are they signaling about 2026? Full report available on our website: 👉 https://purdue.ag/agbarometer Subscribe for monthly Ag Economy Barometer insights and farm management analysis. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg #Purdue #AgBarometer #FarmManagement #FarmEconomy #AgOutlook

Water Shapes Everything in the Delta

If you farm in the Midwest, you probably don’t think about water the way producers in the Mississippi Delta do. In Arkansas, irrigation isn’t optional — it shapes crop decisions, infrastructure investment, and long-term risk. This clip introduces lessons we learned from our trip last summer to the Delta. 🎧 Listen to the full conversation in Episode 1 of our new Lessons From the Delta series on the Purdue Commercial AgCast: 👉 https://purdue.ag/3OnC3Vn Search Purdue Commercial AgCast wherever you listen to podcasts. #Purdue #FarmManagement #Agriculture #Irrigation #RiceFarming

Farmer Sentiment Drops Sharply — What It Signals for Farm Finances in 2026

Farmer sentiment dropped sharply to start 2026, reflecting growing economic concerns across U.S. agriculture. But beyond the headline decline in the Purdue/CME Group Ag Economy Barometer, this episode focuses on what the shift signals for farm financial stress, investment decisions, and risk management in the year ahead. In this Purdue Commercial AgCast episode, Michael Langemeier reviews the January survey results and explains the forces behind the drop in producer sentiment. Financial pressure appears to be building, as more producers report tighter cash flow, increased operating loan needs, and a growing share of loans tied to unpaid carryover debt. At the same time, machinery investment plans are slowing, and more farmers expect challenging conditions for U.S. agriculture over the next five years. Export concerns—especially related to soybean competitiveness with Brazil—also weighed on expectations. While short-term farmland value expectations remain steady, strong land values are supporting balance sheets even as margins stay tight due to high input costs and lower output prices. The episode highlights the contrast between stable asset values and stressed cash flow, a key theme shaping the farm financial outlook. This discussion goes beyond the numbers to focus on the implications for farm businesses and what producers should be watching as 2026 unfolds. ⏱️⏱️VIDEO CHAPTERS⏱️⏱️ 0:00 - Farm Economy Sentiment Drops to Start 2026 2:16 - Ag Economy Barometer Falls — What Changed This Month 3:59 - Financial Stress Signals: Margins, Loans & Machinery Pullback 5:23 - Ag Exports Outlook: Soybeans, Brazil & Trade Concerns 6:45 - Are Farmland Values Still Holding in 2026? 7:33 - Operating Loans Rising — Role of Carryover Debt 10:47 - Farm Balance Sheets vs Cash Flow Pressure 11:59 - Policy Outlook & What It Means for the Next 5 Years 12:58 - Final Takeaways for Farm Businesses Full Ag Economy Barometer report: 👉 https://purdue.ag/agbarometer The Ag Economy Barometer sentiment index is calculated each month from 400 U.S. agricultural producers’ responses to a telephone survey. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg #Purdue #AgBarometer #FarmManagement #FarmEconomy #AgOutlook

Is Lululemon Harming Cotton Farmers? | #AgCast

Regional Differences & Analyzing Farm Incomes | #AgCast

Hurricanes in Texas are beneficial for corn crops in Missouri due to the resulting rain in August. Examining state-level farm incomes improves understand regional differences and helps target assistance. #purdue #farmmanagement

Navigating Specialized Farming Investments | #AgCast

Ben Brown advises caution when investing in specialized assets like cotton harvesters, which have limited flexibility and resale options. They emphasize the importance of adaptability and the potential risks associated with relying on niche commodities and third-party buyers. #farmmanagement #purdue

Adaptation & Strong Relationships: A Conversation with Ben Brown

Adaptability and strong relationships are becoming just as important as yields and costs in today’s farm economy—and that’s the focus of this episode of the Purdue Commercial AgCast. Chad Fiechter is joined by Ben Brown of the University of Missouri’s Food and Agricultural Policy Research Institute (FAPRI), along with guest hosts, graduate students Avery Pound and Jonah Armstrong, for a conversation that builds on Brown’s recent presentation at the Purdue Top Farmer Conference. Following his talk on the long-term outlook for corn and soybean markets, Brown expands the discussion to explore how global economic conditions, energy markets, and commodity pricing trends influence farm profitability over time. While cotton is used as a case study in parts of the conversation, the focus remains on broader lessons that apply across crop and livestock operations, including long-run decision-making, strategic partnerships, and how changes in capital and land ownership are reshaping agriculture. The episode highlights why understanding market signals—and building the right relationships—matters for farmers navigating uncertainty and positioning their operations for the future. Content: [00:01:08] Cotton Acres Moving to Corn [00:09:42] Global Energy Markets [00:13:29] Long-Run Decision Making [00:17:28] Farm Financing & Land Markets [00:22:31] Creating Strategic Partnerships [00:27:52] Regional Differences & Conclusion Learn more about FAPRI: https://fapri.missouri.edu/ Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic and farm management information, visit us at http://purdue.edu/commercialag. Transcript from the discussion can be found at https://purdue.ag/agcast205. Subscribe to audio: https://purdue.ag/agcast Check out all of our Purdue Commercial AgCast video interviews on YouTube: https://www.youtube.com/channel/UCS0sw5w6odSS111rbY1glHw Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg, https://www.linkedin.com/company/center-for-commercial-agriculture #purdue #purdueuniversity #purdueagriculture #farmbusiness #ageconomy #farmmanagement #purduecommercialagcast

Ag Barometer Insights: December 2025 Survey Results, AgCast Episode 204

Farmer sentiment dipped slightly in December, with the Purdue University/CME Group Ag Economy Barometer dropping 3 points to 136. The decline was attributable to a softening in producers’ long-term outlook. The Future Expectations Index fell 4 points from the previous month to 140, while the Current Conditions Index remained steady at 128. Crop producers expressed increased concern about the competitiveness of U.S. soybean exports as Brazil expands its role in global markets, contributing to the more cautious outlook. The survey was conducted Dec. 1-5, 2025. Purdue ag economists James Mintert and Michael Langemeier review the results from the Ag Economy Barometer and give their insights into farmer sentiment and the farm economy. __ Contents of this video: __ 00:00 Introduction 00:46 Overview of Ag Barometer Results 05:22 Farm Financial Performance & Investments 08:11 Farmland Value Expectations 11:18 Ag Exports & Trade Expectations 17:46 Conclusion & Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg

What We Heard This Year—and Where We’re Going, #AgCast 203

Chad Fiechter and Todd Kuethe reflect on their conversations this past year and talk about future plans. They cover past discussions with notable guests, including Nate Kauffman from the Federal Reserve, Matt Erickson from the Senate, Joe Balagtas from the White House, ag investing consultant Joe Suttles, and Indian hog farmer Brian Martin. Todd shares his upcoming sabbatical plans to teach economies on the Semester at Sea program, while they both share more on their recent trip to Arkansas to learn about rice farming. They explore the impact of AI in agriculture and highlight the importance of understanding different agricultural practices and community perspectives. The conversation wraps up with light-hearted discussions on personal preferences and their hopes for future podcast topics. __Contents of this video:__ 05:00 What We Heard from Brian Martin, Episode 201 10:40 What We Heard from Joe Suttles, Episode 196 14:15 What We Heard from Joe Balagtas, Episode 199 18:07 What We Heard from Matt Erickson, Episode 185 21:02 Where We’re Going 31:27 What We Heard from Brant Caley, Episode 192 46:40 Wrap Up Find all the past episodes discussed: https://purdue.ag/agcast Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic and farm management information, visit us at http://purdue.edu/commercialag. Transcript from the discussion can be found at https://purdue.ag/agcast203. Check out all of our Purdue Commercial AgCast video interviews on YouTube: https://www.youtube.com/channel/UCS0sw5w6odSS111rbY1glHw Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg, https://www.linkedin.com/company/center-for-commercial-agriculture Whoosh in-out #1 by beman87 -- https://freesound.org/s/162841/ -- License: Attribution 3.0

Ag Barometer Insights: November 2025 Survey Results, AgCast Episode 202

November brought the highest farmer sentiment reading since June, with the Purdue University/CME Group Ag Economy Barometer jumping 10 points from October to 139. The increase was driven primarily by producers’ more optimistic outlook for the future, as the Future Expectations Index climbed 15 points to 144, while the Current Conditions Index dipped 2 points to 128. November’s survey is the first conducted after the late-October announcement of a U.S.-China trade pact that includes provisions to expand U.S. agricultural exports and revealed a notable improvement in producers’ confidence in future export opportunities. Sentiment also received support from a sharp rise in crop prices between mid-October and mid-November. The barometer survey took place Nov. 10-14. Purdue ag economists James Mintert and Michael Langemeier review the results from the November Ag Economy Barometer and give their insights into farmer sentiment and the farm economy. __ Contents of this video: __ 00:00 Introduction 00:46 Overview of Ag Barometer Results 02:45 Farm Financial Performance & Investments 08:21 Farmland Value Expectations 11:14 Ag Exports & Trade Expectations 12:59 Farmers' Biggest Concerns 17:41 Conclusion & Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg

Pig Farming with Brian Martin on #AgCast 201! 🐖

Pig farming has changing fast. Indiana producer Brian Martin explains how consolidation, labor pressures, state policy, and business strategy are reshaping the U.S. hog industry on the Purdue Commercial AgCast.

Pig Farming in Focus: A Conversation with Brian Martin

Brian Martin, a fifth-generation pig farmer from Indiana, joins hosts Todd Kuethe and Chad Fiechter in this episode of Purdue Commercial AgCast. Martin shares his extensive experience in raising swine across the country, his involvement with the Indiana Pork Producers Association, and the vital role of internships and diverse experiences in agriculture. He also shares insight into the evolution of the hog industry, the complexities of farm management, and the impact of state policies on agriculture. From strategic business decisions to the challenges of labor and disease management, this episode provides a comprehensive look at the world of modern pig farming. Learn more about Martin Family Farms: https://teammartinfarms.com/ Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic and farm management information, visit us at http://purdue.edu/commercialag. Transcript from the discussion can be found at https://purdue.ag/agcast201. Subscribe to audio: https://purdue.ag/agcast Check out all of our Purdue Commercial AgCast video interviews on YouTube: https://www.youtube.com/channel/UCS0sw5w6odSS111rbY1glHw Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg, https://www.linkedin.com/company/center-for-commercial-agriculture #purdue #purdueuniversity #purdueagriculture #farmbusiness #ageconomy #livestock #porkindustry #farmmanagement #agcast

Inside the White House: Joe Balagtas on Ag Economics and Policy Pressure

What’s it like providing economic advice to the President? Joe Balagtas, Purdue agricultural economist and former senior economist at the White House Council of Economic Advisors, joins hosts Todd Kuethe and Chad Fiechter for a behind-the-scenes conversation on policymaking during the trade war and COVID-19 pandemic. Hear what he learned in D.C. and how those lessons apply to today’s ag economy. 🎧 Listen to the full episode: https://youtu.be/Jn8eHJG_UYk #Purdue #AgCast #Agriculture #FarmManagement #AgEconomics

Ag Barometer Insights: October 2025 Survey Results, AgCast Episode 200

U.S. farmer sentiment edged slightly higher in October, with the Purdue University/CME Group Ag Economy Barometer rising 3 points to a reading of 129. The increase was fueled primarily by a rise in the Index of Current Conditions, which climbed 8 points to 130, while the Index of Future Expectations was virtually unchanged at 129, just 1 point higher than in September. Farmers’ appraisals of current conditions highlight a “tale of two economies”: Livestock producers remain highly optimistic about their farm conditions, partly supported by record-high profitability in the beef sector, while crop producers report a more pessimistic view of the current situation on their farms due to low profit margins across major crop enterprises. The barometer survey took place Oct. 13-17. Purdue ag economists James Mintert and Michael Langemeier review the results from the October Ag Economy Barometer and give their insights into farmer sentiment and the farm economy. __ Contents of this video: __ 00:00 Introduction 00:46 Overview of Ag Barometer Results 03:16 Farm Financial Performance & Investments 08:16 Farmland Value Expectations 10:54 Ag Exports & Trade Expectations 13:10 Farmers' Biggest Concerns 21:21 Conclusion & Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg

D.C. Insights: A Conversation with Joe Balagtas

Joe Balagtas, a former senior economist at the White House's Council of Economic Advisors (CEA) and professor of agricultural economics at Purdue joins colleague hosts Todd Kuethe and Chad Fiechter in this episode of the Purdue Commercial AgCast. Balagtas shares his unique experiences working at the CEA during the Trump administration and his role in providing the President with critical economic information. He provides a behind-the-scenes glimpse of his daily life, the stress and fulfillment of working under extreme pressure, and the lessons learned which he brings back to academia. The conversation provides insight into the importance of having specialized economists in policymaking and the dynamic nature of the White House during significant events like the trade war and COVID-19 pandemic. Podcast provided by Purdue University's Center for Commercial Agriculture. For more economic and farm management information, visit us at http://purdue.edu/commercialag. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast199. Subscribe to audio: https://purdue.ag/agcast Check out all of our Purdue Commercial AgCast video interviews on YouTube: https://www.youtube.com/channel/UCS0sw5w6odSS111rbY1glHw Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg, https://www.linkedin.com/company/center-for-commercial-agriculture #purdue #purdueuniversity #purdueagriculture #farmbusiness #ageconomy #agpolicy #farmmanagement #purduecommercialagcast

Ag Barometer Insights: September 2025 Survey Results, AgCast Episode 198

Farmer sentiment held steady in September, as the Purdue University/CME Group Ag Economy Barometer rose just 1 point to a reading of 126. However, there was a shift in producers’ perceptions of current conditions and their expectations for the future. The Index of Current Conditions fell 7 points to 122, while the Index of Future Expectations climbed 5 points to 128. The survey was conducted following the U.S. Department of Agriculture’s release of the September Crop Production report and the World Agricultural Supply and Demand Estimates report. These reflected farmers’ concerns about current conditions, particularly over record-high corn and soybean yields, which were pressuring crop prices. At the same time, optimism about the future was supported by farmers’ belief that U.S. policy is “headed in the right direction” and by expectations that potential government support, like the 2019 Market Facilitation Program (MFP), will provide payments to farmers in compensation for lower commodity prices. The barometer survey took place Sept. 15-19. Purdue ag economists James Mintert and Michael Langemeier review the results from the September Ag Economy Barometer and give their insights into farmer sentiment and the farm economy. __ Contents of this video: __ 00:00 Introduction 00:44 Overview of Ag Barometer Results 05:30 Farm Financial Performance & Investments 09:15 Farmland Value & Cash Rent Expectations 10:50 Ag Exports & Trade Expectations 12:33 Farmers' Biggest Concerns 16:06 Conclusion & Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg

Essentials in Pasture Rental Rates

Pasture leases hinge on 3 things: fencing, water, and weeds. How to handle them and set fair pasture rental rates on the episode 197 on the Purdue Commercial #AgCast.

Irrigated, Pasture & Hay Cash Rent Considerations, AgCast197

Jim Jansen from the University of Nebraska-Lincoln, joins Michael Langemeier to discuss cash rent considerations for irrigation, pasture, and hay leases. They provide factors affecting cash rent including maintenance costs, insurance, and land productivity and emphasize the importance of clear lease agreements. This episode highlights terms related to the three P's of irrigation: pivot, pump, and power; the big three in pasture: fencing, water supply, and controlling noxious weeds; as well as cow-calf pairs and hay cash rental calculations. Offering practical advice for both landlords and operators on fair rental agreements. __Contents of this video:__ 00:00 Introduction 00:01:29 Dryland Crop Leases 00:03:28 Irrigated Crop Leases 00:14:14 Pasture Leases 00:34:19 Hay Leases 00:39:06 Conclusion To learn more about Indiana's 2025 farmland cash rental rates, listen to the episode #195 on the Purdue Commercial #AgCast. https://purdue.ag/agcast Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast197. Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast. For the full August Purdue Agricultural Economics Report, visit: https://purdue.ag/paer. #purdue #purdueuniversity #purdueagriculture #farmbusiness #ageconomy #farmmanagement #agcast #livestock #landleases #hay #pasture #irrigation

Complexities of agriculture with Joe Suttles on AgCast 196! 🎙️

In our latest #AgCast episode, Suttles brings to light the intricate science and logistics of farming that often go unnoticed beyond the fields. From the challenges of weather and geography to the sophisticated supply chains, get a behind-the-scenes look at why farming is anything but simple.

2025 Cash Rental Rates, AgCast 195

Purdue ag economists Todd Kuethe and Michael Langemeier discuss Indiana farmland cash rental rates on this, the second of two episodes reviewing the 2025 Purdue Farmland Values and Cash Rental Rates survey results. The survey shows Indiana cash rents continue to rise by about one and a half percent. The episode shares historical trends in cash rents, and how cash rents compare to share and flex lease rents, regional differences, net returns to land, and the increasing interest in flexible cash leases from both landowner and tenant perspectives. Additional resources and detailed survey results are available on the Center for Commercial Agriculture website. __Contents of this video:__ 00:00 Introduction 00:51 Purdue Cash Rent Survey Results & Projections 13:17 Alternative Crop Lease Comparisons To learn more about Indiana's 2025 farmland cash rental rates, listen to the first podcast in this series, episode #194 on the Purdue Commercial #AgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast195. Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast. For the full August Purdue Agricultural Economics Report, visit: https://purdue.ag/paer.

2025 Farmland Values & Market Trends, AgCast 194

Join Purdue ag economists Todd Kuethe and Michael Langemeier as they discuss Indiana farmland values on this, the first of two episodes reviewing the 2025 Purdue Farmland Values and Cash Rental Rates survey results. The survey shows Indiana land prices continue to rise and are anticipated to continue a modest increase for the rest of 2025 for most of the state. The episode shares insights into U.S. and Indiana farmland value trends, agricultural balance sheets, debt-to-asset ratios, the impact of various economic factors on land values, and future expectations for farmland values. __Contents of this video:__ 00:00 Introduction 00:53 U.S. Farmland Values 13:27 Indiana Farmland Values 32:09 Farmland Outlook To learn more about Indiana's 2025 farmland cash rental rates, listen to the second podcast in this series, episode #195 on the Purdue Commercial #AgCast. Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast194. Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast. For the full August Purdue Agricultural Economics Report, visit: https://purdue.ag/paer.

Ag Barometer Insights: August 2025 Survey Results, AgCast Episode 193

Farmer sentiment dipped again in August as the Purdue University-CME Group Ag Economy Barometer Index fell 10 points to 125. Producers were markedly less optimistic about the future in August as the Index of Future Expectations dropped 16 points to 123. This was the lowest reading for the future index since last September. Purdue ag economists James Mintert and Michael Langemeier share insights into the results of the August 2025 survey, conducted from August 11-15, in this episode of the Purdue Commercial AgCast. Sentiment differed widely among producers depending on whether their farm is primarily a crop operation or a livestock operation. Responses from crop producers this month were much less optimistic than those from livestock producers, which indicates the disparity in profitability between crop and livestock enterprises. Beef cattle operations in particular are experiencing record profitability as the smallest cattle inventory since 1951 has pushed cattle prices to record levels. This stands in sharp contrast to returns for crop production which have weakened in 2025. __ Contents of this video: __ 00:00 Intro 00:48 Overview of Ag Barometer Results 04:39 Farm Financial Performance & Investments 07:48 Farmland Value & Cash Rent Expectations 11:56 Ag Exports & Trade Expectations 13:49 Farmers' Biggest Concerns 15:11 Financial Stress & Balance Sheet Strength 22:07 Right Track or Wrong Direction? 24:05 Conclusion & Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Ag Barometer Insights: July 2025 Survey Results, AgCast Episode 191

Farmer sentiment continues to weaken, as the Purdue University/CME Group Ag Economy Barometer declined again in July. The barometer fell 11 points to 135 from June, a reading that resulted from U.S. farmers’ weaker perceptions of both current conditions and future expectations. Purdue ag economists James Mintert and Michael Langemeier share insights into the results of the July 2025 survey, conducted from July 7-11, in this episode of the Purdue Commercial AgCast. Weak crop prices, a squeeze on farm margins, and a notable difference in sentiment between crop and livestock producers are key factors to the weakened sentiment. Despite high input costs and concerns on long-term profitability, recent policy changes and improved expectations for ag exports, have farmers responding that U.S. policy is headed "in the right direction." __ Contents of this video: __ 00:00 Intro 00:44 Overview of Ag Barometer Results 04:00 Farm Financial Performance & Investments 06:28 Farmland Value & Cash Rent Expectations 09:17 Ag Exports & Trade Expectations 11:40 Farmers' Biggest Concerns 14:32 One Big, Beautiful Bill & Ag Policy 17:09 Conclusion & Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Inside the Federal Reserve: A Conversation with Nate Kauffman, AgCast 190

Nate Kauffman, Omaha Branch Executive of the Federal Reserve Bank of Kansas City, joins hosts Todd Kuethe and Chad Fiechter in this episode of the Purdue Commercial AgCast. Kauffman explains the structure and function of the Federal Reserve System, including the roles of the Board of Governors, the 12 regional reserve banks, and their respective branch offices, and shares how monetary policy is set and the importance of regional input in policy decisions. Kaufman highlights his role in representing Nebraska and the agricultural sector, ensuring their unique economic conditions are considered in national policy discussions. The episode also touches on the use of data and industry interaction in formulating economic insights. Additionally, Kauffman shares anecdotes and practical experiences, emphasizing the Fed’s commitment to transparency and public engagement. Check out all our “Purdue Commercial AgCast” podcast episodes: https://purdue.ag/agcast Subscribe to “Purdue Commercial AgCast” on Apple Podcasts: https://podcasts.apple.com/us/podcast/purdue-commercial-agcast/id1511040572 Find all of our “Purdue Commercial AgCast” video interviews on YouTube: https://youtube.com/playlist?list=PLlKk9K1Klxgaxj-E2OAsqRoFXn2aaK2RI&si=m5eYgzzqpwOgVZeT #purdueuniversity #purdueuniversity #purdueagriculture #farmbusiness #ageconomy #farmmanagement #purduecommercialagcast

Ag Barometer Insights: June 2025 Survey Results, AgCast Episode 189

Farmer sentiment weakened in June as the Purdue University-CME Group Ag Economy Barometer fell to 146, down from 158 a month earlier. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the June 2025 survey, conducted from June 9-13, in this episode of the Purdue Commercial AgCast. Key takeaways include a sharp decline in the Future Expectation Index, a stable Current Condition Index, a drop in the Farm Financial Performance Index, and a surprising rise in the Farm Capital Investment Index. The episode explores various factors impacting farmer sentiment, such as policy uncertainty, trade, tariffs, input costs, and labor issues. __ Contents of this video: __ 00:00 Intro 00:42 Overview of Ag Barometer Results 03:36 Farm Financial Performance & Investments 07:41 Farmland Value Expectations 09:15 Ag Exports & Trade Expectations 16:01 Farmers Biggest Concerns 18:03 Farm Labor 20:29 Conclusion & Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Future of Ag Tech: A Conversation with Brant Caley

Join Chad Fiechter and Todd Kuethe as they explore ag technology and the ag economy with guest Brant Caley. Caley, an expert in ag tech, discusses his journey, from playing FFA basketball to working with companies like Trimble and Farmers Business Network (FBN). The discussion covers the evolution of farm technology, sustainability in grain marketing, the future of agricultural technology - and the potential impact of emerging technologies like AI and LLMs. Whether you're a farmer deeply invested in ag tech or simply curious about the technological transformations reshaping agriculture, this episode is a must-listen. Check out all our “Purdue Commercial AgCast” podcast episodes: https://purdue.ag/agcast Subscribe to “Purdue Commercial AgCast” on Apple Podcasts: https://podcasts.apple.com/us/podcast/purdue-commercial-agcast/id1511040572 Check out all of our “Purdue Commercial AgCast” video interviews on YouTube: https://www.youtube.com/channel/UCS0sw5w6odSS111rbY1glHw #purdue #purdueuniversity #purdueagriculture #farmbusiness #ageconomy #farmmanagement Gradable App: https://apps.apple.com/us/app/gradable/id6742845206 Gradable Website: https://www.gradable.com/ Contact Brant Caley: support@farmersbusinessnetwork.com

Ag Barometer Insights: May 2025 Survey Results, AgCast Episode 188

Farmer sentiment reached a four-year high in May. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the May 2025 Purdue University-CME Group Ag Economy Barometer survey, conducted from May 12-16, in this episode of the Purdue Commercial AgCast. The barometer rose 10 points to 158, the highest since May 2021, driven by optimism about future and current farm conditions. The Farm Financial Performance Index also saw an increase, while the Farm Capital Investment Index declined slightly. Other key points include a surprising jump in the Short-Term Farmland Value Expectation Index, shifting attitudes toward ag exports, and concerns about labor impacts due to U.S. immigration policies. Current farmer concerns remain centered on high input costs and interest rates, and there is notable interest in the passage of a new 2025 farm bill. __ Contents of this video: __ 00:00:00 Intro 00:00:33 Overview of May 2025 Ag Economy Barometer Results 00:02:33 Farm Financial Performance and Investments 00:06:33 Farmland Value Expectations 00:08:05 Ag Exports 00:10:28 Trade and Tariff Expectations 00:13:35 Farmers Biggest Concerns 00:15:17 Farm Bill Policy 00:18:47 Farm Labor and Immigration 00:23:12 Conclusion and Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Farmland Investments: A Conversation with Kyle Maple and Pete Drost

Kyle Maple and Pete Drost, professionals in the farmland investment space join hosts Todd Kuethe and Chad Fiechter in this episode of Purdue Commercial AgCast. Maple and Drost share their backgrounds, roles within US Agriculture, and day-to-day tasks in farmland asset management. They share how they identify investment opportunities, source deals through various networks, and the importance of both financial knowledge and effective communication in their field. The discussion also touches on the challenges of managing permanent crops, the evolution of investment management firms in agriculture, and the balancing act of maintaining long-term relationships with farm operators. The conversation provides a look into the impact of water regulations, sustainability in farming, and educating investors about the benefits of farmland as an asset class. Check out all our “Purdue Commercial AgCast” podcast episodes: https://purdue.ag/agcast Learn more about US Agriculture: https://us-agriculture.com/ Subscribe to “Purdue Commercial AgCast” on Apple Podcasts: https://podcasts.apple.com/us/podcast/purdue-commercial-agcast/id1511040572 Check out all of our “Purdue Commercial AgCast” video interviews on YouTube: https://www.youtube.com/channel/UCS0sw5w6odSS111rbY1glHw

Ag Barometer Insights: April 2025 Survey Results, AgCast Episode 186

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. __ Contents of this video: __ 00:00:00 Intro 00:00:45 Overview of April 2025 Ag Economy Barometer Results 00:04:18 Farm Financial Performance and Investments 00:08:45 Farmland Value Expectations 00:09:42 Big Concerns for Inputs 00:13:25 Interest Rate and Tariff Expectations 00:21:02 Conclusion and Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Understanding Ag Policy: A Conversation with Matt Erickson

Matt Erickson, an ag economic and policy advisor and former chief economist for the US Senate Committee joins hosts Todd Kuethe and Chad Fiechter in this episode of Purdue Commercial AgCast. Erickson shares his background, including his academic journey at Purdue University and internships that led to his extensive career in agricultural policy. He describes his work at various organizations such as the American Farm Bureau Federation, and a key focus on economic and policy analysis for producer impacts. Erickson elaborates on the process of farm bill preparation, the roles within the Senate Ag Committee, and the vital importance of bipartisan cooperation. He also highlights the grassroots involvement in policy development and the significance of gathering insights from both farmers and agricultural associations. The conversation provides a transparent look into the legislative process, the role of economists on Capitol Hill, and the intricate balance between policy formation and constituent needs. Check out all our “Purdue Commercial AgCast” podcast episodes: https://purdue.ag/agcast Subscribe to “Purdue Commercial AgCast” on Apple Podcasts: https://podcasts.apple.com/us/podcast/purdue-commercial-agcast/id1511040572 Check out all of our “Purdue Commercial AgCast” video interviews on YouTube: https://www.youtube.com/channel/UCS0sw5w6odSS111rbY1glHw #purdue #purdueuniversity #purdueagriculture #farmbusiness #ageconomy #farmmanagement #purduecommercialagcast

Ag Barometer Insights: March 2025 Survey Results, AgCast Episode 184

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. __ Contents of this video: __ 00:00:00 Intro 00:00:25 Overview of March 2025 Ag Economy Barometer Results 00:01:01 Current Conditions and Future Expectations 00:02:48 Farm Financial Performance and Investments 00:04:52 Farmland Value Expectations 00:07:27 Long-term Ag Export Outlook 00:09:38 Policy Concerns and Farm Bill Importance 00:15:01 Inflation and Interest Rate Expectations 00:17:47 Conclusion and Resources 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Ag Barometer Insights: December 2024 Survey Results, AgCast Episode 181

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. __ Contents of this video: __ 00:00 Intro 00:48 Farmer Sentiment Drifts Lower 03:07 Farm Financial Performance 04:07 Farm Capital Investments 10:40 Farmland Value Expectations 18:22 Conclusion 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Ag Barometer Insights: February 2025 Survey Results, AgCast Episode 183

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. __ Contents of this video: __ 00:00 Intro 00:42 Sentiment Rises as Current Conditions Improve 03:36 Farm Financial Performance 04:55 Trade Policy & the Farm Bill 08:03 Farm Capital Investments 11:49 Farmland Values 13:10 Conclusion 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Ag Barometer Insights: November 2024 Survey Results, AgCast Episode 179

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.  __ Contents of this video: __ 00:00 Intro 00:24 Farmer Sentiment Following the U.S. Election 02:53 Farm Financial Performance 04:21 Farm Capital Investments 08:06 Farmland Value Expectations 08:34 Policy Shift with President-Elect Trump? 14:34 Conclusion 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Ag Barometer Insights: October 2024 Survey Results, AgCast Episode 178

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. __ Contents of this video: __ 00:00 Intro 00:43 Farmer Sentiment in October Rebounded 04:44 Farmers' Concerns 07:26 Farm Financial Performance 08:36 Farm Capital Investments 14:08 Farmland Value Expectations 17:36 Conclusion 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/agbarometer. For farm management content, visit: https://purdue.ag/commercialag Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast and #AgBarometer.

Flexible vs. Fixed Cash Rent Farmland Leases

Join Purdue ag economists Michael Langemeier, Todd Kuethe, and James Mintert as they discuss farmland rental agreements, with a focus on flexible cash rent leases versus traditional cash rental and crop share arrangements. They combine their comparison of cropland flex leases to cash rental agreements with insights from the 2024 Purdue Farmland and Cash Rental Rate Survey. The discussion covers cash rental trends in west central Indiana, the economic factors influencing changes in rental rates, and the relationship between net returns to land and cash rental rates. They also discuss the benefits and challenges associated with flex leases, emphasizing the importance of clear agreements. The episode also provides an update on Indiana farmland values and points listeners to the array of farmland leasing resources available on the Purdue Center for Commercial Agriculture's website. __ Contents of this video: __ 00:00 Intro 00:48 Overview of Purdue Farmland & Cash Rental Rate Survey 05:46 Understanding Net Return to Land 08:52 Flexible Cash Rent Leases 19:30 Comparing Different Leases Types 29:43 Conclusion with Additional Resources Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast177. For additional resources and publications on leasing, visit: https://purdue.ag/leasingland. The full August Purdue Agricultural Economics Report with 2024 survey results for farmland values and cash rental rates can be found by visiting: https://purdue.ag/paer. To learn more about Indiana's 2024 farmland values, listen episode 173 for an in-depth understanding of trends, market dynamics, and future expectations for farmland values with professors Kuethe, Langemeier and Mintert: https://purdue.ag/agcast173 And learn more about Indiana's 2024 farmland cash rental rates by listening to episode 174: https://purdue.ag/agcast174 Subscribe to audio: https://purdue.ag/agcast Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast.