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Finances

Crop Budget Spreadsheet

This spreadsheet can be used along with the Purdue Crop Cost & Return Guide to examine gross revenue, costs, and earnings for crop enterprises.  The user can evaluate up to three full-season crops, and the wheat double-crop soybean system.

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October Corn & Soybean Outlook Update

October Corn and Soybean Monthly Outlook Update webinar, recorded October 13, 2021

Recorded October 13 | Purdue ag economists review USDA’s October Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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2022 Crop Cost and Return Guide

2022 Crop Budget Guide

The Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the October 2021 crop budget estimations for 2022.

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Conventional and Organic Enterprise Net Returns

Certified organic land accounts for less than 2% of U.S. farmland.  Information pertaining to the relative profitability of conventional and organic production is often lacking. This article uses FINBIN data from 2016 to 2020 to update comparisons of crop yields, gross revenue, total expense, and net returns for conventional and organic alfalfa, corn, oats, soybeans, and winter wheat. 

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September Corn & Soybean Outlook Update

Recorded September 13 | Purdue ag economists review USDA’s September Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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August Corn & Soybean Outlook Update

Recorded August 13 | Purdue ag economists review USDA’s August Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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Comparing Net Returns for Alternative Leasing Arrangements

A west central Indiana case farm is used to illustrate net returns to land derived from crop share, fixed cash rent, and flexible cash lease arrangements. Leases on agricultural land are strongly influenced by local custom and tradition. However, in most areas, landowners and operators can choose from several types of lease arrangements.

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July Corn & Soybean Outlook Update

Recorded July 14 | Purdue ag economists review USDA’s July Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

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International Benchmarks for Soybean Production

This paper examined yield, gross revenue, and cost for farms in the agri benchmark network from Argentina, Brazil, Russia, the Ukraine, and the United States with soybean enterprise data.  Yield, gross revenue, and cost were substantially higher for the U.S. farms. 

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Comparison of Conventional & Organic Crop Rotations (Spreadsheet Tool)

This spreadsheet compares conventional and organic rotations over a ten-year horizon. Specifically, net returns are compared for a conventional corn/soybean rotation, a conventional corn/soybean/wheat rotation, and an organic corn/soybean/wheat rotation.

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