Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.
December 5, 2014
Changing Business Climate for Agriculture and the Outlook for 2015
The period from 2006 through 2013 was very profitable for crop farms, but unprofitable for many livestock operations. But the business climate inagriculture changed in 2014 as crop profit margins narrowed sharply and animal agriculture margins improved. Purdue Economists Chris Hurt, Michael Boehlje, Michael Langemeier and Jim Mintert outline drivers of this changing business climate and discuss strategies farms can put in place to help manage the downturn in crop agriculture and the upswing in animal agriculture.
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Two outstanding farms in east-central Indiana will host visitors wanting to learn about farm and crop management on July 17th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.
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