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Changing Business Climate for Agriculture and the Outlook for 2015​​​​

Recorded December 5, 2014 | The panelists outline drivers of this changing business climate and discuss strategies farms can put in place to help manage the downturn in crop agriculture and the upswing in animal agriculture.

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Corn Drying and Shrink Comparison

Iowa State University offers corn producers resources to help weigh potential delayed harvest and/or result in additional field losses due to drier stalks and ears against potential drying charges and/or discounts.

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Comparison of Drying Systems

Use Iowa State University’s spreadsheet decision tool to compare total drying cost per bushel based on the type of drying system and price inputs.

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Estimating the Cost for Drying Corn

The cost of drying corn grain will depend on the type and size of drying system utilized, the amount of moisture to be removed, the weather conditions during the drying period, and the current per unit costs for electricity and drying fuel.

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2014 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 2014 crop budget estimations.

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Price Loss Coverage (PLC) Program

Price Loss Coverage (PLC) is a new program in the 2014 Farm Bill. PLC payments are made when the national marketing year average (MYA) price falls below a legislated reference price for the commodity.

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Factors Influencing Program Choices for Indiana Farmers

Indiana farmers have until March 31, 2015 to make their farm program election. The five year market outlook will have a significant impact on farmer election of new safety net programs.

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Effective Price Comparison of Indiana Crops for New Farm Programs

This fall crop producers will be asked to make their choice among three very different safety net programs newly created as part of the 2014 Farm Bill. Online decision aids promise to provide a bevy of information that farmers will need to process in deciding which program path best fits their operation and tolerance for risk.

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Determining a Value for Corn Silage

Pricing silage crops can be much more challenging than pricing grains, since they are not sold as routinely and, therefore, do not have a readily known market price. The following is a brief discussion of some methods for determining prices for various types of silage.

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Agricultural Price and Land Values: Insights from Participants in the “Financial Health of Farming and Land Values” Conference

Several agricultural economists associated with CCA have recently sought to address questions surrounding farmland values and related investment decisions. Soaring Corn Belt farmland values have also been on the minds of farmers, agricultural industry professionals and investors.

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