Farm Management Tour: July 17, 2024

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.

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cattle. beef

Mini-Boom Ahead for the Livestock Industry

The U.S. livestock industry has entered a new era of much higher product prices, lower costs of production, and favorable margins for producers and their input suppliers. This new era is a reversal of what took place starting in about 2007 through mid-2013 when margins were often negative, producer balance sheets were eroding, and lenders anxiety about the health of their livestock accounts was growing continuously.

Farm Building Rental Rate Survey

Farm buildings and livestock facilities often outlast their owner’s need for them, but can still provide usable service. Farm operators and livestock producers may be able to make use of certain types of farm buildings but are not in a position to invest in new facilities.

Livestock Disaster Programs

This article briefly discusses the Livestock Forage Disaster Program (LFP), the Livestock Indemnity Program (LIP), and the Emergency Assistance for Livestock, Honeybees, and Farm-Related Fish (ELAP) disaster programs. The discussion will focus on the provisions of the disaster programs that are most applicable to farmers in the Midwest.

Beef Cow Rental Arrangements for Your Farm

Managing risk is required for many farm enterprises to be profitable and sustainable. Leasing assets, rather than purchasing them, is a form of risk management as it typically requires less capital. Leasing or sharing arrangements between farm operators and property owners have long been used to acquire control of land.

Is This Farm Boom Different?

Federal Reserve Bank of Kansas City Symposium, July 16-17, 2012 – Conference Rapporteur: Is This Farm Boom Different? | This has been a very stimulating and informative symposium. First,I will summarize the key “take-aways” of the presentations from my perspective. Then I will make some additional observations and identify some key uncertainties that are shaping the future of agriculture–“what to watch” in these turbulent times.

Center for Commercial Agriculture