Farm Management Tour: July 17, 2024

Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.

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August 7, 2020

Indiana Farmland Values & Cash Rental Rates: 2020 Update Webinar

The recording of our August 7th Indiana Farmland Values & Cash Rental Rates: 2020 Update webinar is available for viewing. The slides used during the presentation are also available for download. A companion episode on the Purdue Commercial AgCast podcast is also available below or any platform where you access your podcasts.

Purdue agricultural economists Todd Kuethe, James Mintert, and Michael Langemeier breakdown the results from the Purdue Farmland Values and Cash Rents Survey conducted in June and compared that with USDA’s recent Land Values report.

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Stay Tuned for Possible Basis Swings This Summer

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Since early May, Indiana corn basis has flattened or improved modestly, depending on the location. Corn basis levels throughout Indiana remain well below their three-year average.

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Corn & Soybean Basis Continue to Strengthen Despite Being Significantly Weaker than Historical Basis Levels

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In recent weeks, corn basis has continued to strengthen steadily at many locations across the eastern Corn Belt. For example, corn basis in central Indiana for the second week of May was $0.22/bu. under July ’24 corn futures. This is $0.13/bu. stronger than the first week of March.

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Corn & Soybean Basis Steady to Slightly Stronger Across the Eastern Corn Belt

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In recent weeks, corn basis has been steady to slightly stronger across much of the eastern Corn Belt. For example, corn basis in central Indiana for the second week of April was $0.18/bu. under May ’24 corn futures.

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UPCOMING EVENTS

Purdue Farm Management Tour & Indiana Master Farmer Reception 2024

Two outstanding farms in east-central Indiana will host visitors wanting to learn about farm and crop management on July 17th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.

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