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.

Pork Cutout Futures Provide New Risk Management Tool

May 26, 2021

Although lean hog futures prices and pork cutout values are correlated, they can diverge significantly at times leading to interest in developing a risk management tool that more closely matches the price series used in many cash contracts. Recently CME Group launched pork cutout futures and options in an attempt to address this challenge.

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Farm Succession/Transition Planning Series

May 21, 2021

An eleven-episode podcast series on farm succession/transition planning. Purdue ag economists Brady Brewer hosts members from the Purdue Farm Transition team and the Purdue Institute of Family Business to discuss topics related to succession planning.

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Impact of Higher Corn Prices on Cattle Finishing Net Returns

May 19, 2021

Each $0.10 increase in corn price results in an increase in feeding cost of gain of approximately $0.88.  In turn, each $1 increase in feeding cost of gain results in a $5.56 per head decrease in cattle finishing net returns. 

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May Corn & Soybean Outlook Update

May 14, 2021

Recorded May 14 | Purdue ag economists review USDA’s May Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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Trends in Corn Plant Populations

May 11, 2021

Trends in seed costs are driven by both changes in seed prices and changes in corn plant populations.  This article examines trends in corn plant populations in Iowa, Illinois, and Indiana.  In addition, this article examines the proportion of seed costs per acre that are explained by changes in seed prices and plant populations.

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Impact of Higher Corn Prices On Feeding Cost of Gain for Cattle Finishing

May 10, 2021

Given that the U.S. stocks to use ratio is currently only 9.2 percent and continued questions related to U.S. corn acreage in 2021, there is tremendous uncertainty regarding corn prices for the rest of this year.  To address this uncertainty, this article examines the impact of relatively high corn prices on feeding cost of gain for cattle finishing.

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Ag Economy Barometer Remains Strong; Producers Concerned About Possible Changes in Estate Tax Policy

May 4, 2021

The April reading of the Ag Economy Barometer was 178, virtually unchanged from a month earlier when the index stood at 177 and just 5 points below its all-time high of 183, which was set back in October. Compared to March, however, there was a small change in producers’ perspective on the ag economy as they became more optimistic about the future, while their appraisal of the current situation waned.

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2021 Indiana Farm Custom Rates

April 23, 2021

The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana.  Purdue Extension educators and specialists developed the questionnaire.  Purdue Educators distributed the questionnaires at meetings and events statewide during the last month of 2020 and the first three months of 2021. 

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Precision Agriculture and Technology

April 15, 2021

Precision agriculture utilizes biotechnology and nutritional technology; monitoring, measuring, and information technology; and process control technology to increase resource efficiency, reduce input cost, and/or improve product value.  This series of articles will discuss precision agricultural technologies, potential payoffs of using these technologies, and the capabilities and skills that will be needed to manage these technologies.

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April Corn & Soybean Outlook Update

April 12, 2021

Recorded April 12 | Purdue ag economists review USDA’s April Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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Follow @PUCommercialAg to see the latest farm management news.

(Part 2) Indiana Farmland Cash Rental Rates 2023 Update, AgCast 142 video podcast thumbnail
(Part 1) Indiana Farmland Values 2023 Update, AgCast 141 video podcast thumbnail
Purdue Indiana Farmland Values & Cash Rental Rates Survey Report, Purdue Agricultural Economics Report: August 2023
2023 Farm Custom Rates for Indiana
Crop Insurance 2023 Decision text with James Mintert and Michael Langemeier's photos in front of a corn field at sunset used as thumbnail image for video of Purdue Commercial AgCast podcast episode

Purdue Farm Management Tour & Indiana Master Farmer Reception 2024

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