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.

September 29, 2022

Farm Impact from Rising Inflation and Interest Rates: September Update

Purdue agricultural economists Brady Brewer and Michael Langemeier discuss updated inflation numbers and interest rates and the impacts on agriculture in this episode of Purdue Commercial AgCast. Farm inputs like fertilizer, diesel, machinery and building supplies are discussed, as well as capital investments like land and real estate, and how the cost of debt is affecting budgets and operating interest rates. They also discuss the choice of variable interest rate loans vs fixed interest rate loans, a decision many farmers may be facing.  Near the end of the conversation, they discuss the impact to net farm income prospects. Slides from the discussion can be found below.

 

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Interest Rate Dilemma – Fixed or Variable

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The current farm demand for long-term loan products seems to suggest some farm borrowers are anticipating lower future interest rates. Farm borrowers should carefully consider their exposure to interest rate changes when choosing long-term loan products.

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Financing Amid Rate Ripples, an Ag Credit Update

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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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