Purdue University

Farmer Optimism Remains Weak
Farmer Optimism Remains Weak
Farmer Optimism Remains Weak
The Purdue University/CME Group Ag Economy Barometer continued lower in June, down two points to a reading of 97.  The barometer’s Index of Future Expectations also dropped, falling five points to a reading of 95, the lowest level since 2016. Producers w...
Study Shows What Consumers Want in a New Farm Bill
Study Shows What Consumers Want in a New Farm Bill
Study Shows What Consumers Want in a New Farm Bill
As the House Agriculture Committee plans for the next farm bill, consumers shared their opinions on food and agriculture policy in a new survey from Purdue University. The 3rd Consumer Food Insights report offers a significant look into the popularity of specific policies and how opinions differ depending on a consumer’s income. ...
Farmers Should Prepare For “Sticker Shock” When It Comes To Crop Insurance In 2021
Farmers Should Prepare For “Sticker Shock” When It Comes To Crop Insurance In 2021
Farmers Should Prepare For “Sticker Shock” When It Comes To Crop Insurance In 2021
Choosing the right crop insurance protection option can be a challenging decision. The revenue protection products, the supplemental coverage option, and the Enhanced Coverage Option each provide different benefits. Dr. Jim Mintert, director of the Center for Commercial Agriculture at Purdue University, says farmers need to be ready for ‘sticker-shock’ this year. “We ...
Turkey Prices at Ten Year Low
Turkey Prices at Ten Year Low
Turkey Prices at Ten Year Low
Ahead of Thanksgiving, turkey prices have hit a ten-year low. A report by Purdue University estimates turkey prices this year for Thanksgiving will average $1.45 per pound. Jayson Lusk, a professor and department head of Purdue's Department of Agricultural Economics, says lower commodity prices, such as corn and soybeans used to make feed for animals, is “one of the drivers.”  ...
Ag Economy Barometer Retracts from January High
Ag Economy Barometer Retracts from January High
Ag Economy Barometer Retracts from January High
The Purdue University Ag Economy Barometer for February dipped compared the January reading.  Organizers of the index say the overall producer sentiment reading dipped to 134, down 19 points from a month earlier.   Despite the drop, the February reading is the second-highest for the index.  A readi...
Ag Economy Barometer Shows Slight Improvement
Ag Economy Barometer Shows Slight Improvement
Ag Economy Barometer Shows Slight Improvement
The Purdue University-CME Group Ag Economy Barometer recorded a slight improvement last month, compared to the August reading.  Organizers of the survey say the Ag Economy Barometer was at 101 in September.  While the reading was moderately above the August value of 95, the barometer’s current reading remains well below its peak of 112 in July.   The Ba...
Long Term Ag Outlook Strengthens
Long Term Ag Outlook Strengthens
Long Term Ag Outlook Strengthens
Ag producers are feeling more optimistic about the health of the agriculture economy despite recent declines in commodity prices.  David Widmar, a Purdue University ag economist who works on the The Purdue University/CME Group Ag Economy Barometer, said there are two components at which they look.  On...
Purdue University Discovers Process Increasing Milk’s Shelf Life
Purdue University Discovers Process Increasing Milk’s Shelf Life
Purdue University Discovers Process Increasing Milk’s Shelf Life
According to a new Purdue University study, rapidly heating and cooling of milk significantly reduces the amount of harmful bacteria present, extending the shelf life of one of the most common refrigerator staples by several weeks.  The results were published in a scientific journal last week and show that increasing the temperature of milk by 10 degrees for less than a second eliminates more than

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