Economic Development Regina’s Post

PRODUCERS SENTIMENT AND RESILIENCE AT THE PURDUE TOP FARMER CONFERENCE — by Margaret Lippsmeyer, Michael Langemeier, James Mintert, and Nathan Thompson At this year’s Purdue Top Farmer Conference, participants were invited to complete a brief survey assessing farm resilience and producer sentiment. The survey results showed optimism about the general agricultural economy — and the position of farms for growth and capital investments — as many of the producers surveyed experienced above-average yields in the last harvest, benefiting from generally favorable growing conditions in the Midwest, despite earlier drought conditions. Such a successful year inevitably fosters greater optimism about the general agricultural economy, as reflected in the Ag Economy Barometer. Read more: https://lnkd.in/ejpe3efq #producer #farmers #sentiment #agriculture #economy #resilience

Explore the complex dynamics of California's almond land market https://lnkd.in/gUWdgJXx #CaliforniaAlmonds #AgricultureInsights #AlmondMarket #AcreValue #Agribusiness #FarmEconomy #MarketTrends #CropPrices #AgriTech #FarmData

My Dear LinkedIn Connections, Are you passionate about improving agricultural productivity and empowering smallholder farmers? Are you ready to navigate the upcoming agricultural season 2023/2024 with confidence? Join us for an insightful event designed to help smallholder farmers adapt to the changing climate. Event Details: 📅 Date: October 11, 2023 ⏰ Time: 11 00 Harare, Pretoria Time Location: Online Registration Link:   https://lnkd.in/e-_nj8y4 After registering, you will receive a confirmation email containing information about joining the meeting. Background: According to the preliminary weather forecast by the Zimbabwe Meteorological Department, Zimbabwe is poised to experience normal to below-normal rainfall during the upcoming 2023/24 planting season. Specifically, regions in the Midlands and Matabeleland provinces are expected to receive below-normal rainfall. But what does this mean for smallholder farmers? How can they make informed decisions about planting, seed varieties, and mitigating potential challenges to maximize their yields? This event aims to address these critical questions. IDS has gathered a panel of renowned experts who will dissect the implications of this weather forecast and share valuable strategies for smallholder farmers. We believe that by equipping farmers with knowledge and expert insights, we can empower them to achieve the highest yield possible, even in challenging conditions. Why Attend? 1. Gain insights from leading experts. 2. Learn about the best planting practices and seed varieties. 3. Discover strategies to overcome weather-related challenges. 4. Connect with industry professionals. How to Participate: To secure your spot and gain access to these invaluable insights, please register in advance using the link below. Limited spaces are available, so don't miss this opportunity to prepare for a successful planting season

Check out the results of the RealAgristudies Canadian Farmer Sentiment Index for January 2024

Introducing #FarmerFinance series where, every week, we'll share tips on managing farmer finance better. Tip of the Week: Crop diversification to reduce risk. Crop diversification refers to the addition of new crops or cropping systems on the farm so that farmers are not dependent on a single crop to generate income. It reduces risk in the event of unforeseen climate events that could severely impact crop production, such as the emergence of pests and the sudden onset of frost or drought. 🌱💹🌱 At Agriwise, we believe finance should empower, not weigh you down. We combine agri knowledge, a systematic approach, and tech-driven insights to help unlock new revenue streams for farmers and agri-allied businesses. Contact us at⬇️ 📞+ 91-22-40467700 📧info@agriwise.com 🌐www.agriwise.com Manjit Singh Mayank Singhal Amith Agarwal Sarbjeet Singh Japra vishwwavijay singh Bhisham Dhamija #Agriwise #AgricultureFinance #FarmerCommunity #FarmerFinance

Understanding the stock market and using it to good advantage as an investment vehicle is a bit like understanding farming.The fortunes of a farmer rise and fall in line with variation in the weather and any underlying changes in climate. This assumes of course, that proper selection of good high quality seed and fertile soils has been done. And above all else that sound managerial skills and experience to control the farming process, and produce desired results are available or can be readily sourced or contracted. The price of company shares will sometimes rise in the same way that a farmer's expectation of a good bumper crop harvest raises with good rains. Conversely, share price will also sometimes fall in the same way that poor rains or drought spell calamity for a farmer.

Navigating Market Floods: A Farmer’s Tale of Adaptation and Success. In the agricultural industry, farmers sometimes face the challenge of market flooding, where an excess supply of crops leads to a decrease in prices and profitability. This situation can occur due to various factors, such as favorable weather conditions, increased production, or changes in market demand. When crops are not being bought at profitable prices by government agencies, retailers, or vendors, it is essential for farmers to strategize and learn from the experience. In this article, we will provide guidance on what farmers should do when faced with such circumstances and how they can adapt their approach to secure their profitability and success Read the full article 👇 https://lnkd.in/dxzp7CwJ

The following is an excerpt from an interesting paper on crop sharing...... "...... Two crop sharing systems are considered in this model: “proportionally divided system” and “forward contract system.” The model reveals the possibility that the proportionally divided system is effective when high drought risks exist and high trade barriers prevent a country from importing crops, and that the forward contract system mitigates drought risk when forward contract is set at prices lower than the prices in the normal condition. Further, this study shows that the proportionally divided system can improve social welfare in the condition of high drought risks and high trade barriers, while a hold-up problem can be caused by the lack of producer incentive to invest in the production of crops." Reference: H. Ishiwata and M. Yokomatsu, "Crop sharing scheme at drought risk in an open economy," 2016 IEEE International Conference on Systems, Man, and Cybernetics (SMC), Budapest, Hungary, 2016, pp. 002044-002049, doi: 10.1109/SMC.2016.7844541. Link: https://lnkd.in/g5jK3DQA

🙋🏻♂️ Does Regen Ag have a market sizing problem? tldr: Does anyone have a defendable stat on the number of acres that are being managed regeneratively in the US? Or % of total farm revenue? Is anyone tracking these numbers and updating them YoY? ... I have read the majority of "investing in regenerative ag" reports that exist in the world, and many of them are incredibly informative. But I have yet to see a defendable stat on the number of acres being managed regeneratively in the US (or N. America, or most any other geographic region for that matter). I have seen a lot of: - Scammy market reports - Guesstimates based on intuition - Reliance on acres planting cover crops (15M per 2017 USDA Census) I am aware of why these stats are challenging to come up with, and that there may need to be multiple numbers used based on the varying definitions of regen out there. But without some defendable numbers in the public domain on current market size, CAGR, etc., it's easy for investors to lean on excuses like "it's too early" or "there's not enough data out there". Surely we can come up with some defendable numbers and put them out there (dream scenario: broken out by specific regenerative management strategy + crop category). Who's got something for me?? Sarah Day Levesque David LeZaks Ethan Soloviev Louisa Burwood-Taylor Jennifer O'Connor Kris Nichols Anthony Corsaro (AC) Tim Luckow Koen van Seijen

Understanding the stock market and using it to good advantage as an investment vehicle is a bit like understanding farming.The fortunes of a farmer rise and fall in line with variation in the weather and any underlying changes in climate. This assumes of course, that proper selection of good high quality seed and fertile soils has been done. And above all else that sound managerial skills and experience to control the farming process, and produce desired results are available or can be readily sourced or contracted. The price of company shares will sometimes rise in the same way that a farmer's expectation of a good bumper crop harvest raises with good rains. Conversely, share price will also sometimes fall in the same way that poor rains or drought spell calamity for a farmer.