Top Farmer Conference: January 10, 2025

As one of the most successful and longest-running management programs specifically crafted for farmers, the Purdue Top Farmer Conference is a one-day event for agricultural producers and agribusiness professionals looking to navigate the complexities of today's agricultural landscape. Participants will have the opportunity to network with peers and hear from farm management experts and agricultural economists from Purdue, Farm Credit Services of America, the University of Illinois Urbana-Champaign and Acres, a land value data analytics company.

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May 15, 2020

Contingency Planning with Cash Flow Shortages

As cash flows from the farm operation become tighter due to COVID-19 and weaker commodity prices, it is necessary to find other funds to help pay for asset purchases or delay asset purchases, and to repay debt. On this episode, Purdue agricultural economists Michael Langemeier and Brady Brewer discuss contingency planning, a course of action designed to help a business determine how to respond to possible future events. Contingency plans are often referred to as “Plan B”.

The article referenced in this episode can be found at https://ag.purdue.edu/commercialag/home/sub-articles/2020/04/contingency-planning-with-cash-flow-shortages/.

TAGS:

COVID-19, financial

TEAM LINKS:

Brady Brewer

Michael Langemeier

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