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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cash rent

Managing Your Farm in Challenging Times

Recorded August 22, 2018 | Purdue Ag Economists discuss marketing strategies for 2018 corn and soybean crops and provide updated farmland value and cash rent information.

2018 Indiana Farmland Values – Up, Down, & Sideways

On a statewide basis, June year-to-year farmland value comparisons indicate an uptick for top, average, and poor quality farmland. For the state as a whole, the strongest percent increase was for poor land, increasing 2.4%.

Cash Rents: Pressure is Downward

In order to maintain a viable business, operators have been working to reduce the per bushel cost of production. Reducing cash rents and other crop production cost is often a slow process.

Visualizing the Indiana Farmland and Cash Rent Adjustments

Results from the Purdue Farmland Value Survey is the most anticipated PAER article of the year. In this year’s article you catch the themes of “continued adjustments” and “multiple years of decline in land values and rents.”

Farmland Values and Cash Rental Rates – 2017 Indiana Land Values Survey

Recorded August 16, 2017 | James Mintert and Michael Langemeier talk about Indiana farmland values and cash rents and their continued downward adjustments.

Indiana Farmland Values and Cash Rents Continue to Adjust

Midwest farmland value news has been mixed this summer. Some reports indicate current farmland values are the same or a little higher than last year or last quarter.

Relationship between Cash Rent and Net Return to Land

This article examines the relationship between cash rent and net return to land for Indiana, and attempts to answer this question.

Land Values in Indiana (2016)

Recorded August 17, 2016 | Purdue agricultural economists present and discuss results from the 2016 Purdue Farmland Values Survey.

Trends in Land Price, Cash Rents, and Price to Rent Ratios for Iowa, Illinois, and Indiana

Farmland prices and cash rents have fallen in Iowa, Illinois, and Indiana in the last couple of years. However, our analysis indicates that the farmland price per acre divided by cash rent per acre, and farmland price per acre divided by average cash rent for the previous five years, continue to be substantially higher than historical values.

Trends in Land Prices, Cash Rents, and Price to Rent Ratios for Iowa, Illinois, and Indiana

Farmland prices declined over much of the Corn Belt region during the last couple of years. However, farmland prices remain substantially above historical prices. For example, despite having dropped approximately 12% since 2014, average farmland prices in Indiana are still approximately six times what they were in 1990 and approximately double what they were in…

Center for Commercial Agriculture