April 13, 2023

10 Questions That Need to Be Addressed When Considering Farm Growth

Purdue ag economist Michael Langemeier discusses farm growth with Farm Marketer’s Tracy Brunet on the Impact Farming podcast.

Is your farming operation considering farm growth in the near future? If so, you will not want to miss this episode where Tracy and Michael chat about:

  • “What’s keeping producers up at night,” Michael shares insight from the Purdue/CME Ag Economy Barometer
  • Michael starts off with a conversation about the most common reasons for farm growth.
  • He then shares his ten questions that must be addressed when a farming operation is considering growth.

Are you considering farm growth for more revenue? Or maybe your farm growth is the income growth that will permit the next generation to join the farming operation.

No matter your reason for growth, there is some powerful information in today’s interview so don’t miss this conversation and Michael’s critical questions that should be asked to ensure a well-thought-out farm growth decision.

The Impact Farming Show

Welcome to Impact Farming, Farm Marketer’s video and audio show dedicated to helping Canadian farmers excel in the business of farming. Our goal with this show is to introduce our audience to the people and ideas that are going to make an IMPACT on their farming operation.

Show Host – Tracy Brunet
CEO of Farm Marketer 

Tracy and her husband are cattle ranchers in South East, Manitoba. As host of the show, primary producer and agvocate, Tracy is passionate about helping farmers succeed in the business of farming.

TAGS:

TEAM LINKS:

RELATED RESOURCES

Producer Sentiment Slips Due to Rising Policy Uncertainty

April 1, 2025

Weaker expectations for the future led to a decline in farmer sentiment in March as the Purdue University/CME Group Ag Economy Barometer index fell 12 points to a reading of 140, down from 152 a month earlier. Purdue ag economists James Mintert and Michael Langemeier share their insight into the results of the March 2025 Ag Economy Barometer survey, conducted from March 10-14, in this episode of the Purdue Commercial AgCast.

READ MORE

Corn and Soybean Basis Strengthen Across the Midwest Amidst Decreasing Prices

March 14, 2025

Between February 12th and March 12th, the markets for corn and soybeans significantly changed. As market prices have dropped, corn and soybean basis across the Midwest have strengthened. The basis strengthening is a welcomed change following over 2 months of weakening or unchanging basis. The falling market prices have decreased the value of uncontracted stored grain. Stored grain hedged through futures markets has increased in value over the last month as the basis has strengthened.

READ MORE

The Role of Technology in Improving Farm Profitability | Commodity Classic 2025

March 12, 2025

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!

READ MORE

UPCOMING EVENTS

We are taking a short break, but please plan to join us at one of our future programs that is a little farther in the future.