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Finances

Impact of Higher Corn Prices on Swine Finishing Feed Costs

Higher corn prices are putting upward pressure on swine finishing feed costs. Purdue agricultural economist Michael Langemeier examines feed cost trends and shows how changes in corn and soybean meal prices could affect feed costs through 2027.

2027 Crop Cost & Return Guide

Purdue’s first 2027 crop budgets provide a starting point for estimating crop costs, revenues and returns. Use the accompanying spreadsheet to adjust the assumptions for your own farm.

Crop Net Return Prospects

Michael Langemeier presented “Crop Net Return Prospects” during lunch as part of Northeast Purdue Agricultural Filed Day on September 9, 2026.

2026 Trends in Farmland Price to Rent Ratios in Indiana

Indiana farmland values remain elevated relative to the cash rent they generate. Purdue agricultural economist Michael Langemeier examines what the farmland price-to-rent ratio can tell us about land values, future returns and the risks facing buyers.

Comparison of Long-Run Rates of Return for Crop and Livestock Farms

Have crop farms or livestock farms generated better long-run returns? Michael Langemeier compares rates of return for beef, dairy, diversified, and crop farms from 2007–2025, revealing why recent livestock price strength hasn’t translated into a clear long-run advantage.

Impact of Leverage on Rates of Return of Crop Farms

Increasing financial leverage will increase expected returns as long the marginal returns from the use of loans exceed the cost of borrowing. In favorable economic times, higher leverage can improve financial performance and stimulate farm growth. However, in unfavorable economic times, leverage can cause business performance to deteriorate rapidly. Thus, higher leverage may increase expected returns and financial risk.

Are Cover Crops Worth It? The Tradeoff Between Soil Health and Farm Profitability

Cover crops offer potential soil health benefits, but adoption decisions involve tradeoffs. Learn how scenario analysis can help farmers evaluate the impact of cover crops on profitability, risk, and long-term farm goals.

Do You Know Your True Cost of Production? New Indiana Tool Can Help

When margins are tight, knowing your true cost of production can provide more confidence in farm management decisions. In this AgBrief, Chad Fiechter introduces the new Purdue Cost of Production Calculator — a free tool designed specifically for Indiana corn and soybean farmers.

New Tool Helps Indiana Farmers Calculate True Cost of Production

When margins tighten, knowing your true cost per acre becomes a critical management tool. A new Indiana-specific calculator helps farmers estimate costs, determine breakeven prices, and evaluate how changes in yield and markets affect profitability.

Indiana Cost of Production Calculator

For most farmers, nailing down a precise cost of production per acre is a difficult task. Although broad ranges, informed guesses, and averages from several previous years are helpful, tight margin years emphasize the need for precise cost accounting. In response to the current margin environment, a team of Agricultural Economics graduate students, with the support of the Indiana Soybean Alliance and the Indiana Corn Marketing Council, developed an interactive tool and a support helpdesk to help Indiana farmers calculate their production costs. Built specifically for Indiana and grounded in region-specific benchmarks across six Indiana production regions (North, Northeast, West Central, Central, Southwest, Southeast), it gives farmers an accurate and locally relevant benchmark.