Estimating the Cost for Drying Corn

September 13, 2014

The cost of drying corn grain will depend on the type and size of drying system utilized, the amount of moisture to be removed, the weather conditions during the drying period, and the current per unit costs for electricity and drying fuel.

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Mini-Boom Ahead for the Livestock Industry

June 18, 2014

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.

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Farm Building Rental Rate Survey

May 1, 2014

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.

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Livestock Disaster Programs

April 18, 2014

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.

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Purchasing and Leasing Farm Equipment

March 8, 2014

This publication by the North Central Farm Management Extension Committee provides background information about purchasing, renting, and leasing farm machinery.

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Equipment Lease Analyzer

March 5, 2014

This University of Missouri equipment lease analyzer is designed to answer 2 questions regarding leasing farm equipment. First it seeks to determine whether a lease or a purchase is more profitable and feasible from a cash flow perspective. Second it helps decide the annual contract hours for a lease.

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2014 Crop Cost and Return Guide

March 1, 2014

The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2014 crop budget estimations.

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Price Loss Coverage (PLC) Program

January 6, 2014

Price Loss Coverage (PLC) is a new program in the 2014 Farm Bill. PLC payments are made when the national marketing year average (MYA) price falls below a legislated reference price for the commodity.

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Commodity Program Primer

January 6, 2014

The 2014 Farm Bill has completely overhauled the U.S. crop commodity payment system. Direct payment, counter-cyclical payment, and ACRE (average crop revenue election) payment programs have all been eliminated.

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Agriculture Risk Coverage-Individual (ARC-IC)

January 6, 2014

The ARC-IC calculation depends on three measures of revenue defined on the first page. The ARC-IC payment is unique in the current farm bill for its use of planted acreage in determining the level of payment received. The ARC-IC is also unique in that it only allows for payments on 65% of a farm’s base acres.

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Purdue Commercial AgCast Podcast
Purdue Crop Cost and Return Guide
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
Comparing Net Returns for Alternative Leasing Arrangements
Indiana Farmland Prices Grow at Record Pace in 2022, Purdue Land Values and Cash Rents Survey

Purdue Farm Management Tour & Indiana Master Farmer Reception

Two outstanding farms in south-central Indiana will host visitors wanting to learn about farm and crop management on July 11th 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.