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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2020 Crop Cost and Return Guide

The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the March 2020 crop budget estimations for 2020.

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Preparing to Meet with Your Ag Lender

The slidedeck presented by the Center’s Michael Langemeier during the farm finance presentation at our Crop Marketing & Farm Finance Workshops. The session explored the use of enterprise budgets to evaluate long-term enterprise profitability, and whole-farm financial projections to evaluate profitability and repayment capacity for the upcoming year.

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Improving Your Crop Marketing Skills

The slidedeck presented by the Center’s James Mintert and Nathan Thompson during the crop marketing presentation at our Crop Marketing & Farm Finance Workshops. The session focus was on learning about your local basis patterns and how you can take advantage of that knowledge to improve profitability on your farming operation and reduce risk.

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Prospects for Swine Feed Costs in 2020

Recent trends in feed costs for farrow-to-finish and swine finishing enterprises, and projections for 2020.  Feed costs are expected to be similar to that experienced in 2019.  However, current projections have a wide band around them.

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Making Your Farm Bill Decisions in 2020

The Farm Bill Decision Making Workshop slidedeck presentation by Michael Langemeier and James Mintert.

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2018 Farm Bill ARC/PLC Provisions 2019-2023

The Farm Bill Decision Making Workshop slidedeck presentation by Kaitlin Myers, State Agricultural Program Specialist from USDA’s Indiana Farm Service Agency.

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Is USDA’s ARC-IC Program A Good Fit For You?

Recorded January 31, 2020 | Purdue ag economists Michael Langemeier and James Mintert focus just on the ARC-IC 2018 Farm Bill program to help clarify where it fits best.

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Swine Finishing Feed Cost Prospects

Corn prices have been quite volatile in 2019. Corn prices in Indiana were approximately $3.70 per bushel in April, $4.55 in July, and $3.90 in December. Given the uncertainty regarding what gets planted to large amount of acres that were not planted in 2019 (i.e., prevent plant acres), corn prices are likely to also be volatile in 2020.

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Trends in the Soybean to Corn Price Ratio

Using Indiana cash prices reported by USDA-NASS, the soybean to corn price ratio was quite variable in 2019 ranging from 1.93 in July to 2.37 in January. This leads to two important questions. How common or uncommon is it for this ratio to be substantially above or below the long-run average? Does a low or high ratio signal a change in the relative profitability between corn and soybeans?

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2020-01 Ag Outlook

Agribusiness Council of Indiana presentation by James Mintert.

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