Purdue Agricultural Economics Report
We have reformatted the PAER report. It is now a PDF file that may be downloaded for viewing and printing. (December 2012 PAER Report)
In this Issue:
We dedicate this PAER to the year 2013 as we describe the prospects we see for the U.S. economy and for the agriculture sector. There is a lot of hope for more normal rainfall and temperatures, for improved crop yields, for greener pastures, for lower feed prices, for a return of profitability for animal industries, and for moderating food prices for our consumers. There is also growing optimism for our recovering economy.
But, many obstacles can still confront us in 2013. Hope alone will not make it rain nor remove all the uncertainties that currently face the U.S. and World economy. We hope these articles will help you better understand those uncertainties and assist you in making better decisions to manage your risks in the coming year.