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Finances

Exit Strategies

Exit Strategies slidedeck presentation by Michael Langemeier given in Salem on March 25, 2022.

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2022 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 the March 2022 crop budget estimations for 2022.

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International Benchmarks for Corn Production (2022)

This paper examines the competitiveness of corn production for important international corn regions using 2016 to 2020 data from the agri benchmark network. The agri benchmark network collects data on beef, cash crops, dairy, pigs and poultry, horticulture, and organic products. There were 16 countries with corn data for 2020 represented in the cash crop network.

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Incorporating Conservation Provisions into Crop Leases, Great Lake Crops Summit

Michael Langemeier presented Incorporating Conservation Provisions into Crop Leases at the Great Lake Crops Summit in Mt. Pleasant, Michigan.

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Cattle Finishing Net Returns Prospects for 2022

Due to relatively strong fed cattle prices, cattle finishing net returns ended 2021 on a positive note.  Will these positive net returns continue into 2022?  This article examines feeding cost of gain, breakeven prices, and net return estimates for 2021, and provides projections for the first half of 2022.

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Prospects for Swine Feed Costs in 2022

Given the uncertainty related to supply and demand, feed prices are likely to remain volatile during the 21/22 marketing year. This article examines trends in feed costs as well as the impact of corn and soybean meal prices on feed costs for farrow-to-finish and swine finishing operations.

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Factors Impacting Feeding Cost of Gain

Purdue ag economist Michael Langemeier discusses the key factors impacting feeding cost of gain in commercial feedlots.

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Benchmarking Crop Machinery Cost and Investment

The continued increase in size of tractors, combines, and other machinery has enabled farms to operate more acres and reduce labor use per acre. However, this increase in machinery size also makes it increasingly important to evaluate the efficient use of machinery.

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Comparison of Conventional Crop Rotation with an Organic Forage-Based Crop Rotation (Spreadsheet Tool)

This spreadsheet compares conventional crop rotation with an organic forage-based crop rotation over a ten-year horizon.

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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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