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Finances
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.
Read MorePurdue ag economist Michael Langemeier discusses the key factors impacting feeding cost of gain in commercial feedlots.
Read MoreThe 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.
Read MoreThis spreadsheet compares conventional crop rotation with an organic forage-based crop rotation over a ten-year horizon.
Read MoreCertified 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.
Read MoreA 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.
Read MoreThis 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.
Read MoreEach $0.10 increase in corn price results in an increase in feeding cost of gain of approximately $0.88. In turn, each $1 increase in feeding cost of gain results in a $5.56 per head decrease in cattle finishing net returns.
Read MoreThe Purdue Crop Cost and Return Guide offers farmers a resource to project financials for the coming cropping year. These are the February 2021 crop budget estimations for 2021.
Read MorePurdue ag economists Brady Brewer and Michael Langemeier discuss credit underwriting and the criteria financial institutions use to determine eligibility of an applicant in this episode of the Purdue Commercial AgCast.
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