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Weakening crop prices hit barometer

Agricultural-producer sentiment declined for the second month in a row during September as the Purdue University-CME Group Ag Economy Barometer decreased 9 points to a reading of 106. Producers expressed concern about both the current situation as well as future prospects for their farms. The Current Conditions and Futures Expectations Indices both declined 10 points in September leaving the Current Conditions Index at a reading of 98 while the Future Expectations Index stood at 109. Weakening prices for major crops and ongoing concerns about inflated production costs and interest rates weighed on producer minds this month. September’s declines left all three indices at less than year-ago levels. This month’s Ag Economy Barometer survey was conducted Sept. 11-15, 2023.

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Grazing Network Group: What it is and how it benefits our operation

Video: Grazing Network Group: What it is and how it benefits our operation

In the spring of 2023 OMAFA, along with the University of Guelph, gathered a group of 18 producers from the beef, sheep, and dairy sectors to support a three to four year research project related to measuring grass growth in Ontario. The producers use a Rising Plate Meter to capture grass growth and record livestock movements. This presentation will explain how the group interact/support one another, some initial findings, as well as the benefits for the research team and our farm.

The purpose of the Profitable Pastures conference is to bring fresh ideas and new research results to Ontario grazing managers across the ruminant livestock sectors. These conferences have a major focus on pasture management