Brady Brewer

Kicking off another Analyzing Agribusiness Financial Decisions workshop this week! Participants are gaining the skills to communicate financial impacts, demonstrate ROI and help customers make smarter decisions. #AgFinance @PurdueAgEcon @bradybrewer @courtney_bir

Then what is driving this increase in income? Ad-hoc payments, labeled here as "All other payments" see a substantial increase in 2025 and is driver behind the overall increase in Net Farm Income.

This comes amidst lower cash receipts for most crop and livestock categories. Note: I say "most" because there are crop/livestock categories that are expected to increase such as vegetables/melons or dairy

@USDA_ERS released their first 2025 Net Farm Income Forecast today. Farm income is forecasted to be up to $180.1 billion, which is up 29.5% from 2024.

Our second webinar in our series on farm policy and management is tomorrow. @jeifft organized this series which explores farm policy and management decisions. Tomorrow's topic is all about how to manage ad-hoc payments. You can register here: ksu.zoom.us/meeting/regist…

This week we're helping non-financial managers effectively communicate financial impacts and demonstrate ROI to help customers improve decision-making. #agribusiness #agfinance @PurdueAgEcon @bradybrewer

"We would have been negative in net farm income without crop insurance and government payments," says Mark Dikeman, executive director of the Kansas Farm Management Association, as he discusses Kansas net farm income for 2023. agtodayksu.libsyn.com/1682-kfma-fina…

I recently had the opportunity to discuss farm loan interest rates with @jeifft, @GeraldMashange, and Noah Miller. Drawing from their recent @farmdocDaily articles exploring interest rates, we discuss what their findings mean for farmers. podbean.com/ew/pb-6zi29-15…

We're having a great time in Houston at #CommodityClassic reconnecting with friends and industry leaders. Come find us at booth 2003, and join us at 3:30 for our session "Positioning Your Farm for Long-Term Success" with Drs. Michael Langemeier, @JamesMintert, and @bradybrewer.

@USDA_ERS forecasts a 1.6% increase in the inflation-adjusted expenses for farmers to put the crop in the ground and harvest it.

These changes in cash receipts are expected to be driven by changes in prices.

@USDA_ERS released their latest farm income forecast yesterday which is the first forecast they release for the 2024 growing season. Net Farm Income is forecasted to fall 25.5% from 2023 to 2024.

Extension is a great example of universities collaborating. Four universities represented at the Purdue Top Farmer Conference disseminating information about farm policy, the farm economic outlook, and ethanol trends.

Enjoying the presentations at the Purdue Top Farmer conference today. Right now Brad Lubben of UNL talking about prospects for next farm bill.

October CPI data released by @BLS_gov this a.m. shows inflation continues to cool. Headline CPI: unchanged in Oct, +3.2% since last Oct Core CPI: +0.2% in Oct, +4.0% since last Oct Big drop in energy & smaller drop in autos partially offset gains in other categories

It's always great when work let's you see reconnect with friends and family. I had the opportunity to speak at the @ABABankers Ag Conference this week in Oklahoma City on current tends impacting agricultural profitability and got to see some friendly faces from my hometown!

Via @GeraldMashange . Interesting article on the carbon markets. Will be interesting to see how this plays out in the future.

Handed back quizzes in class today. The 2/3 of the class that are normally there and received their quiz back had an average score of 91%. The quizzes I still have because the students weren’t there today had an average score of 41%.