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Michael R Langemeier

Agricultural Economics 

  • Clinical Engagement Professor/Ag Econ
765.494.9557
KRAN Room 606

Michael Langemeier joined Purdue University in July 2012. Michael’s Extension and research interests include cropping systems, benchmarking, strategic management, cost of production, and technical and economic efficiency. Most of Michael’s research has focused on the efficiency of farms and ranches, and crop and livestock enterprise production costs and efficiency. He has also conducted research related to tillage systems, biomass crops and the tradeoff between crop rotation profitability and water quality.

Prior to arriving at Purdue, Michael spent 22 years in the Department of Agricultural Economics at Kansas State University. In addition to working on Extension and research projects, Michael taught courses in economic theory and farm management and worked closely with the Kansas Farm Management Association. He also conducted workshops for feed mill managers, emphasizing the importance of tracking financial performance, benchmarking and capital budgeting.

In addition to conducting numerous workshops and presenting Extension and research information to numerous audiences in the United States, Michael has conducted workshops and given presentations in Australia, China, Ecuador, Ireland, Germany, New Zealand, Russia, South Africa and Tanzania. He is currently involved in agribenchmark, an international benchmarking group centered in Germany.

Michael received a bachelor’s degree and master’s degree from the University of Nebraska-Lincoln. His doctorate is from Purdue University. Michael’s family operates farms in eastern Nebraska.

Selected Publications

Russell, L. A., Langemeier, M. R., & Briggeman, B. C. (2013). The Impact of Liquidity and Solvency on Cost Efficiency Estimates. Agricultural Finance Review, 73(3), 413-425.

Yeager, E. A., & Langemeier, M. R. (2013). Economic Efficiency and Downside Risk. Applied Economics, 45(36), 5012-5020.

Fontenot, E. A., Arthur, F. H., Nechols, J. R., & Langemeier, M. R. (2013). Economic Feasibility of Methoprene Applied as a Surface Treatment and as an Aerosol and in Combination with Two Other Insecticides. Journal of Economic Entomology, 106, 1503-1510.

Langemeier, M. R. (2013). Measuring Economies of Size with Expense Ratios. Journal of the American Society of Farm Managers and Rural Appraisers, 76, 222-235.

Yeager, E., & Langemeier, M. R. (2012). Economic Efficiency Adjusted for Risk Preferences. 2013 AAEA Meeting.

Dobbins, C. L., Langemeier, M. R., Miller, W. A., Nielsen, B., Vyn, T. J., Casteel, S., . . . Wise, K. (2012). 2013 Purdue Crop Cost and Return Guide, 3.

Mugera, A. W., Langemeier, M. R., & Featherstone, A. M. (2012). Labor Productivity Growth in the Kansas Farm Sector. Agricultural and Resource Economics Review, 41(December), 298-312.

Featherstone, A. M., Wood, M. A., Herbel, K. L., & Langemeier, M. R. (2012). Multiple Entity Farms. Agricultural Finance Review, 72(2), 210-221.

Cooper, J., Zulauf, C., Langemeier, M. R., & Schnitkey, G. (2012). Implications of Within County Yield Heterogeneity for Modeling Crop Insurance Premiums. Agricultural Finance Review, 72(1), 134-155.

Osmond, D. L., Nelson, N., Douglas-Mankin, K., Langemeier, M. R., Devlin, D., Barnes, P., . . . Hoag, D. L. (2012). Cheney Lake Watershed, Kansas. In How to Build Better Conservation Programs to Protect Water Quality (Vol. First, pp. 246-264).