Top Farmer Conference: January 10, 2025

As one of the most successful and longest-running management programs specifically crafted for farmers, the Purdue Top Farmer Conference is a one-day event for agricultural producers and agribusiness professionals looking to navigate the complexities of today's agricultural landscape. Participants will have the opportunity to network with peers and hear from farm management experts and agricultural economists from Purdue, Farm Credit Services of America, the University of Illinois Urbana-Champaign and Acres, a land value data analytics company.

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Farmland

Managing Your Farm in Challenging Times

Recorded August 22, 2018 | Purdue Ag Economists discuss marketing strategies for 2018 corn and soybean crops and provide updated farmland value and cash rent information.

Farmland Values and Cash Rental Rates – 2017 Indiana Land Values Survey

Recorded August 16, 2017 | James Mintert and Michael Langemeier talk about Indiana farmland values and cash rents and their continued downward adjustments.

Evaluating Strategic Options

Sound strategic planning requires assessing strategic risk, which involves the sensitivity of a farm’s strategic direction, and the ultimate vulnerability and sustainability of the farm to uncertainties in the business climate.

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.

Land Values in Indiana (2016)

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

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.

Long-Term Cash Rent Decisions Using A Cash Rent Decision Tool

Recorded December 18, 2015 | A demonstration of use of a cash rent spreadsheet tool to calculate breakeven cash rents, compare the breakeven cash rent to local market rents, compute the market rate premium (if any) above the breakeven rate and the impact paying premiums could have on a farm’s liquidity over the course of the next five years.

Buying (Selling) Inputs in the Current Business Climate

Grain farmers are facing significantly lower prices and incomes in 2015 compared to previous years which have resulted in intense pressure to lower costs by aggressive negotiation on land rents and purchased inputs. Much of this negotiation has focused on price–farmers are asking/expecting price reductions, but suppliers of fertilizer seed and chemicals in particular are hesitant to adjust prices down.

Becoming a “Best in Class” Farm

Corn Belt agriculture is in the midst of transitioning from one of the most profitable periods on record to what could be an extended period of tight margins for most corn and soybean operations. Now that the 2015 planting season is drawing to a close, you should take time to reevaluate your farming operation and consider how you can make sure your farm is strategically positioned to be a “best in class” operation in the years ahead. Doing so will help ensure that your farm will thrive, not just survive, in an era of tight operating margins.

Where Are Indiana Farmland Values Headed?

Recorded August 7, 2015 | Results from the June 2015 Purdue Farmland Values Survey including average farmland and cash rental value estimates for the state of Indiana and key cropping regions within the state.

Center for Commercial Agriculture