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business planning

Farm Succession: Transitioning Business Management

Purdue Commercial AgCast Podcast

Following our episode about Farm Transition Planning, we now take a closer look at some of the key areas of forming and executing a farm succession plan. To kick this series off, Purdue Agricultural Economists Michael Langemeier and Brady Brewer cover the topic of transitioning management of a farm from one generation to the next.

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Farm Transition Planning

Purdue Commercial AgCast Podcast

Maria Marshall, professor and director of Purdue’s Institute for Family Business, joins Brady Brewer to discuss farm succession planning. They answer why it’s important to start planning both a management and an ownership transfer ahead of time, who to have on your team of advisors, and the things you can do to start to prepare.

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2020-04 Purdue Agricultural Economics Report (PAER)

In this Purdue Ag Econ Report (PAER) special edition, we look at COVID-19 impacts on agriculture and related topics. Contents: Retail markets get a boost during COVID-19; SBA help for small (and family businesses; COVID-19 weakens ethanol demand leading to reduced corn usage forecast; Short-term effects of COVID-19 on U.S. soybean and wheat exports; Changing crop net return prospects; Threats to local government revenues from the coronavirus recession; COVID-19 and online grocery prices; Specialty farm households’ consumption and risk behavior after natural disasters

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Financial Analysis

Financial Analysis Series

A series of financial management articles that examine financial statements and financial analysis.

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Farm Management Strategies in Times of Rising Volatility at Commodity Classic 2020

The Commodity Classic learning center session presentation slidedeck by the Center’s James Mintert, Michael Langemeier and Jason Henderson, and CME Group’s Fred Seamon, given in San Antonio.

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Farm Data Usage in Commercial Agriculture

Farm Data Usage in Commercial Agriculture

This survey provides a useful glimpse into the farm data lifecycle from collection to action to evaluation. We find that among large commercial corn and soybean operations, data collection is common (92% collect at least one type of farm data) and that collection is strongly related to farm characteristics.

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The Index of Indiana Farm Real Estate

Indiana Farm Real Estate

Index Numbers of Indiana Farm Real Estate Values, January 2020 update. Compiled by Craig Dobbins and J.H. Atkinson, Purdue Agricultural Economics.

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The Economic Importance of U.S. Animal Agriculture

Today, farms are much more specialized in crops or animals, and many fewer are in both. Has this changed the relative economic importance of crop and animal agriculture in the U.S.?

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Assessment of Management Skills

Assessing management skills is an important part of benchmarking farm performance and figuring out where improvements may be needed.

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Pro forma Financial Statements

Pro forma Financial Statements Tool

A spreadsheet to create pro-forma income and sources and uses of funds statements, and to compute repayment capacity and liquidity measures.

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