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General Farm Management & Strategy

Should Sweat Equity be Used to Compensate a Returning Family Member?

Sweat equity may arise when an on-farm heir is paid less than their true opportunity cost to work for the business and/or the business has grown substantially due to the abilities and efforts of the on-farm heir.

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Making Your 2017 Crop Insurance Choices​​​

​​​Recorded February 28, 2017 | James Mintert and Michael Langemeier discuss some of the key issues facing crop producers as they make their 2017 crop insurance decisions.

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Family Business as a Competitive Advantage​​​

Recorded January 31, 2017 | James Mintert, Maria Marshall and Renee Wiatt talk about the competitive advantage of the family business and introduce the Purdue Institute of Family Firms.

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Ag Business Climate Outlook for 2017​

Recorded January 6, 2017 | Chris Hurt, Michael Langemeier and Jim Mintert discuss the key factors that will impact the agricultural outlook in 2017.

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2014 Farm Bill Discussion

Recorded November 18, 2016 | Purdue agricultural economists Michael Langemeier, Jim Mintert & David Widmar discuss how the 2014 Farm Bill is working with an emphasis on the ARC-County & PLC programs.

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An Update on the Farm Safety Net

This article examined earnings per acre projections for a case farm in west central Indiana. Under the price and yield combinations or scenarios examined in this paper, annual projected earnings per acre were negative from 2014 to 2018 for the case farm.

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Fall 2016 Crop Outlook

Recorded September 13, 2016 | Chris Hurt, Michael Langemeier & Jim Mintert discuss the 2016 corn & soybean price outlook and look ahead to 2017 following release of USDA’s Sept. 2016 crop production & supply/demand estimates.

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International Benchmarks for Soybean Production (2016)

This paper examined yield, gross revenue, and cost for farms with soybeans in the agri benchmark network from Argentina, Brazil, Ukraine, and United States.

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International Benchmarks for Corn Production (2016)

This paper examined yield, gross revenue, and cost for farms in the agri benchmark network from Argentina, Brazil, and the Ukraine, and the United States with corn enterprise data.

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​Putting a Value on Sweat Equity in the Farm Business

Recorded August 23, 2016 | Michael Langemeier and Purdue Extension’s Denise Schroeder discuss how to divide business income between generations on a family farm and provide a simplified approach to valuing “sweat equity” in the family farming business.

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