Financing Amid Rate Ripples, an Ag Credit Update

August 15, 2023

Discover how interest rates impact farming decisions, machinery choices, and the value of farmland. In this ag credit update podcast, Purdue ag economists Brady Brewer and Michael Langemeier discuss recent inflation trends, interest rate trajectories, loan markets and the ripple effects at the farm.

Read More

The Index of Indiana Farm Real Estate

August 11, 2023

Index Numbers of Indiana Farm Real Estate Values, August 2023 update. Compiled by Todd Kuethe, Craig Dobbins and J.H. Atkinson, Purdue Agricultural Economics.

Read More

Farm Lease Types, Side X Side Digital Webinar

August 8, 2023

Michael Langemeier introduced the types of leases (cash rent, flex rent, and share rent) and discussed the advantages and disadvantages of each leasing arrangement during the August 2, 2023 Side By Side Digital Webinar. A comparison with risk/return tradeoffs between lease types was also included in the webinar discussion.

Read More

Forecasting New Crop Basis Bids for Fall 2023

August 7, 2023

We are now in the final weeks of the 2022-2023 crop marketing year, and after what has been a wild year for corn and soybean basis, basis bids for old crop corn and soybeans have largely settled and are in alignment with historical values for this time of year in most regions across the eastern Corn Belt.

Read More

(Part 2) Indiana Farmland Cash Rental Rates 2023 Update

August 7, 2023

Purdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss cash rental rates for Indiana farmland in this, the second of two AgCast episodes discussing the 2023 Purdue Farmland Values and Cash Rents Survey results.

Read More

(Part 1) Indiana Farmland Values 2023 Update

August 6, 2023

Purdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss Indiana farmland values on this, the first of two AgCast episodes discussing the 2023 Purdue Farmland Values and Cash Rents Survey results. Each June, the department of agricultural economics surveys knowledgeable professionals regarding Indiana’s farmland and cash rental market.

Read More

August 2023 PAER issue: Indiana farmland prices continue to rise in 2023

August 6, 2023

Indiana farmland prices once again hit record highs in 2023, according to the recent Purdue Farmland Value and Cash Rents Survey. Statewide, the average price of top-quality farmland averaged $13,739 per acre, up 7.3% from June 2022. Average and poor-quality farmland increased 5.8% and 0.7% to $11,210 and $8,689 per acre, respectively.

Read More

Comparing Corn and Soybean Marketing Strategies

August 3, 2023

This article identified the optimal portfolio of corn and soybean marketing strategies for a case farm in southeast Indiana. The hedge and roll strategy had the highest net return per acre, and the lowest level of downside risk of any of the individual marketing strategies. However, downside risk can be reduced by diversifying marketing strategies. In particular, combining the hedge and roll strategy with the marketing year cash price strategy was effective in reducing downside risk and resulted in only a slight decline in net return per acre.

Read More

Farmers Remain Cautiously Optimistic About Agricultural Economy

August 1, 2023

Purdue ag economists James Mintert and Michael Langemeier share some insight into the results of the July 2023 Purdue University-CME Group Ag Economy Barometer survey. Agricultural producer sentiment improved slightly in July as the Purdue University-CME Group Ag Economy Barometer rose two points above its June reading to an index value of 123. This month’s survey was conducted from July 10-14, 2023.

Read More

Follow @PUCommercialAg to see the latest farm management news.

Financial Management Series

Purdue Flexible Lease Workshop

September 16 at 7 pm or September 23 at 9 am

The Flexible Lease virtual Workshop, presented by the Purdue Extension Land Lease Team, will include a presentation and discussion to help you decide if a flexible land lease arrangement is right for your farm.

Read More

Find out where we will be presenting next as we collaborate with others.