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How Should Business Income be Divided?

A model described that can be used to divide farm business income and provided an illustration of how this model could be used in practice.

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Should Sweat Equity be Used to Compensate a Returning Family Member?

Sweat equity may arise when an on-farm heir is paid less than their true opportunity cost to work for the business and/or the business has grown substantially due to the abilities and efforts of the on-farm heir.

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Net Return Prospects for Cattle Finishing in 2017

This article discusses recent trends in feeding cost of gain, the feeder to fed price ratio, and cattle finishing net returns. Current breakeven and fed cattle price projections create an environment that is at a minimum cautiously optimistic.

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2017 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 Purdue University’s March 2017 crop budget estimations​ as prepared by faculty from Agricultural Economics, Agronomy, and Botany and Plant Pathology.

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Making Your 2017 Crop Insurance Choices​​​

​​​Recorded February 28, 2017 | James Mintert and Michael Langemeier discuss some of the key issues facing crop producers as they make their 2017 crop insurance decisions.

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Hog Prices Outperform Expectations

The pork industry outlook has experienced a major shift to the upside. Pork producers are pleased to see 2017 hog prices higher than expected.

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Cattle Industry Still in Expansion Mode, at Least for Now

The dramatic price decline, and resulting falloff in profitability by cow-calf producers, led to questions about possible impacts on industry expansion. The report leaves little doubt that the industry is still in expansion mode, at least for now.

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Family Business as a Competitive Advantage​​​

Recorded January 31, 2017 | James Mintert, Maria Marshall and Renee Wiatt talk about the competitive advantage of the family business and introduce the Purdue Institute of Family Firms.

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Reducing Your Crop Production Costs – Focus on Fertility​​​

Recorded January 20, 2017 | Purdue Agronomy’s Jim Camberato, along with agricultural economists James Mintert and Michael Langemeier, discuss ways to reduce your crop production costs by adjusting your crop fertility program.

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Ag Business Climate Outlook for 2017​

Recorded January 6, 2017 | Chris Hurt, Michael Langemeier and Jim Mintert discuss the key factors that will impact the agricultural outlook in 2017.

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