Managing Risk in Agriculture
When it comes to farm management, one key to success is managing risk. A partnership between Purdue University’s Center for Commercial Agriculture, the Indiana Soybean Alliance, and the Indiana Corn Marketing Council – the state soybean and corn checkoff programs, this site offers information and tools to help you better understand risk and develop an integrated approach to managing it. Case studies and worksheets give you hands-on practice with the tools and theories provided throughout the site.
Click here to use the Crop Basis Tool. The Purdue Center for Commercial Agriculture’s Crop Basis Tool can be used to examine weekly nearby and deferred basis for corn and soybeans in Illinois, Indiana, Michigan, and Ohio. Daily cash price data from individual grain elevators and processors are averaged within each crop reporting district to create…