November 30, 2015

Capturing the Upside & Buffering the Downside

Key management strategies farmers can use to successfully manage their farms during the economic downturn in agriculture. Mike Boehlje, Michael Langemeier and Mike Gunderson​ discuss several clear cut strategies that farmers can implement now that will help position their farming operation for success in the years ahead.

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Adoption of Conservation Practices and Farm Goals

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How do farm goals shape conservation decisions? This analysis draws on a nationwide survey of 400 producers to explore how priorities like profitability, risk, and sustainability impact the adoption of practices like no-till, cover crops, and crop diversification. Farmers who rank conservation as a top goal are significantly more likely to implement these practices—offering a window into what drives long-term thinking in farm management.

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Farm Goals

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One-third of recently surveyed farmers identified farm transfer as their top goal, but priorities like profit, conservation, debt reduction, and income stability also ranked high. The study reveals that most farms pursue a mix of goals, and understanding the tradeoffs between them can lead to better long-term business decisions. Take time to define your farm’s goals—and use them to shape long-term business decisions.

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Each year, numerous emerging technologies claim to boost your production, reduce input usage, or streamline your farm’s operations. However, the effectiveness of these technologies varies across different farms. Purdue ag economists James Mintert, Michael Langemeier, and Chad Fiechter examined how technology affects long-term farm growth and profitability, and share insights from farm financial records and farmer surveys during their 2025 Commodity Classic Learning Center Session on March 4, 2025. Watch the recording now!

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UPCOMING EVENTS

Farm & Ranch Tax Issues Webinar, Purdue Income Tax School

This program provides in-depth coverage of agricultural and farm tax issues. In addition to covering timely tax issues, we will cover disaster tax issues, depreciation and expensing farm assets, retirement planning for farms, and tax planning in low-income years. This year’s webinar will be co-taught by a team from Ohio State and Purdue Universities.

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Top Farmer Conference 2026

January 9, 2026

A management programs geared specifically for farmers. Surrounded by farm management, farm policy, agricultural finance and marketing experts, and a group of your peers, the conference will stimulate your thinking about agriculture’s future and how you can position your farm to be successful in the years ahead.

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