The Purdue Agricultural Economics Report (PAER) exists to serve and further the core mission of the department to engage with real world problems that are of value to stakeholders. The scholarship communicated in this publication will represent the department’s excellence in creative endeavor for new knowledge and its dissemination in the economics of agriculture and natural resources.
Recent Publication:
Indiana farmland prices remained relatively stable in 2026, with modest rises and falls across quality grades, according to the latest Purdue Farmland Values and Cash Rents Survey. The average price of top quality farmland reached $14,909 per acre, up 0.6% from June 2025. In contrast, average quality farmland declined 1.1% to $12,121 per acre, while poor quality farmland fell 3.1% to $9,460 per acre. The relatively small statewide changes, however, mask significant differences across Indiana’s regions and farmland quality grades.
VIEW THE FULL REPORT >>Articles:
Ken Foster, Professor of Agricultural Economics and Director, Purdue Farm Policy Study Group; Bernhard Dalheimer, Assistant Professor of Macroeconomics and Trade;
Bernhard Dalheimer, Assistant Professor of Macroeconomics and Trade; Ken Foster, Professor of Agricultural Economics and Director, Purdue Farm Policy Study Group
Todd Kuethe, Schrader Chair in Farmland Economics & Professor of Agricultural Economics
Michael Langemeier, Director, Center for Commercial Agriculture & Professor of Agricultural Economics
Ken Foster, Professor of Agricultural Economics and Director, Purdue Farm Policy Study Group; Bernhard Dalheimer, Assistant Professor of Macroeconomics and Trade
Ken Foster, Professor of Agricultural Economics and Director, Purdue Farm Policy Study Group; Bernhard Dalheimer, Assistant Professor of Macroeconomics and Trade; David Ubilava, Associate Professor of Economics, University of Sydney
Ken Foster, Professor of Agricultural Economics and Director, Purdue Farm Policy Study Group; Bernhard Dalheimer, Assistant Professor of Macroeconomics and Trade
Ken Foster, Professor of Agricultural Economics and Director, Purdue Farm Policy Study Group; Bernhard Dalheimer, Assistant Professor of Macroeconomics and Trade
Caitlinn Hubbell, Market Research Analyst; Joe Balagtas, Professor of Agricultural Economics
Laura Montenovo, Assistant Professor
Carson Reeling, Graduate Program Chair, Professor of Agricultural Economics
Marley Heritier, Master’s Student; Kenneth Foster, Professor of Agricultural Economics; Nicole Olynk Widmar, Department Head and Professor of Agricultural Economics; Amanda Dickson
Ivanna Carrillo-Siller, PhD Student and Graduate Research Assistant
Laxmi D. Adhikari, PhD Student and Graduate Research Assistant; Bhagyashree Katare, Berdine Martin Food Economics Associate Professor; and Maria I. Marshall, James and Lois Ackerman Professor of Agricultural Economics
Binayak Kunwar, PhD Student and Graduate Research Assistant; Chad Fiechter, Assistant Professor, Agricultural Finance; Guy Tchuente, Assistant Professor, Quantitative Methods in Spatial Analysis; and Aaron Shew, Chief Technology Officer at Acres
Lauren Benavidez-Brouk, PhD Student; Farzad Taheripour, Research Professor of Agricultural Economics; Uris Baldos, Research Associate Professor of Agricultural Economics; Qianlai Zhuang, Professor of Earth, Atmospheric and Planetary Sciences and Agronomy; Shuo Chen, PhD Student
Anabeth Jennings, MS Student; Maksym Chepeliev, Research Associate Professor
Yuansen Li, PhD Student
Sampada Wagle, MS Student
Ken Foster, Professor of Agricultural Economics and Director, Purdue Farm Policy Study Group; Bernhard Dalheimer, Assistant Professor of Macroeconomics and Trade; Roman Keeney, Associate Professor of Agricultural Economics and Extension Coordinator