Evaluating Your Farmland Rental “Options”

August 6, 2015

Gross revenues for most Indiana corn and soybean farms reached unprecedented levels during 2006 through 2013, but declined sharply in 2014 and 2015. The revenue decline, which will be exacerbated on many Indiana farms by yield reductions caused by this spring and summer’s excessive rainfall, is putting tremendous pressure on operating margins.

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Higher Feed Costs Could Mean Pork Industry Losses

July 13, 2015

Weather damaged corn and soybean fields are also harmful to hog producers. Rising feed prices mean higher costs of production for the pork industry. Recent higher corn and soybean meal prices have increased anticipated hog costs by about $10 per head.

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Crop Outlook and Management Strategy​​

July 1, 2015

Recorded July 1, 2015 | A review of the fundamental drivers of crop prices and updated management recommendations in light of shifting crop conditions.

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Pork Industry Continues to Adjust from PED

June 13, 2015

The pork industry continues to adjust from the supply shock created by the PED virus last year. Live prices peaked in the summer of 2014 as PED losses mounted and then fell into the late winter of 2015.

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Strategic Positioning: Focus vs. Flexibility

June 1, 2015

The mantra of almost all strategic planning discussions and recommendations is that a company cannot be all things to all people – – it must be focused in its choice of customers and how it will create value for those customers.

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Strategic Decisions: You Can’t Always Be Right

June 1, 2015

No matter how well informed you are, how careful you have been in specifying the problem, how much data and information you have collected, how systematic you have been in the decision process, it is possible you will make a mistake – a wrong choice.

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Managing in Turbulent Times: Positioning to Capture the Upside, Buffer the Downside

June 1, 2015

Risk dominates the farming sector, and most farmers try to reduce or manage/mitigate the risks they take. Risk is perceived by most to be “bad” – – something to be avoided.

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Beef Industry Traveling to a Different Drummer This Year

May 13, 2015

The beef industry stands alone in 2015 in its continued reduction in supplies available to consumers. The year of 2014 was a special year for the animal production industries with record high farm level prices for cattle, hogs, broilers, turkeys, milk and eggs.

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More Hogs than Expected, Mystery Continues

April 13, 2015

More hogs than expected was the theme of the pork market in the first quarter of 2015. The USDA March Hogs and Pigs report did little to help explain why hog numbers were high, other than to simply admit that hog inventory counts from previous surveys were too low.

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It’s Not Just About Costs per Acre, Even in Tight Times

April 6, 2015

The current climate of low crop commodity prices is squeezing margins. Some margins might even be negative if crop producers continue with current costs. As a result, crop producers might focus more intensely than usual on managing costs of production.

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(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

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