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An Update on the Farm Safety Net

This article examined earnings per acre projections for a case farm in west central Indiana. Under the price and yield combinations or scenarios examined in this paper, annual projected earnings per acre were negative from 2014 to 2018 for the case farm.

Fall 2016 Crop Outlook

Recorded September 13, 2016 | Chris Hurt, Michael Langemeier & Jim Mintert discuss the 2016 corn & soybean price outlook and look ahead to 2017 following release of USDA’s Sept. 2016 crop production & supply/demand estimates.

2016 Agriculture and Applied Economics Association Annual Outlook Survey Highlights

Results from these two surveys reveal that there are some stark differences in opinion between economists and producers regarding the U.S. agricultural economy.

International Benchmarks for Wheat Production (2016)

This paper examined yield, gross revenue, and cost for farms with a wheat enterprise in the agri benchmark network from Australia, Canada, Germany, Ukraine, and United States.

International Benchmarks for Soybean Production (2016)

This paper examined yield, gross revenue, and cost for farms with soybeans in the agri benchmark network from Argentina, Brazil, Ukraine, and United States.

International Benchmarks for Corn Production (2016)

This paper examined yield, gross revenue, and cost for farms in the agri benchmark network from Argentina, Brazil, and the Ukraine, and the United States with corn enterprise data.

​Putting a Value on Sweat Equity in the Farm Business

Recorded August 23, 2016 | Michael Langemeier and Purdue Extension’s Denise Schroeder discuss how to divide business income between generations on a family farm and provide a simplified approach to valuing “sweat equity” in the family farming business.

Land Values in Indiana (2016)

Recorded August 17, 2016 | Purdue agricultural economists present and discuss results from the 2016 Purdue Farmland Values Survey.​

Beef and Pork’s Role in Filling the Supply Gap

Producers of beef and pork have generally been discouraged about recent low prices as cash prices have dropped sharply this year. Spring finished cattle price highs were near $138 per live hundredweight, but last week had fallen to $115, a $23 plunge.

Trends in Land Price, Cash Rents, and Price to Rent Ratios for Iowa, Illinois, and Indiana

Farmland prices and cash rents have fallen in Iowa, Illinois, and Indiana in the last couple of years. However, our analysis indicates that the farmland price per acre divided by cash rent per acre, and farmland price per acre divided by average cash rent for the previous five years, continue to be substantially higher than historical values.