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Mike Boehlje
Distinguished Professor Emeritus, Department of Agricultural Economics, Purdue University
June 11, 2019
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2019 Indiana Farm Custom Rates
The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana.
June 8, 2019
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Leasing Principles for Cropland
When examining the leasing option, a farm needs to decide, along with the landowner, whether they want to use a cash lease, a crop share lease, or a flexible cash lease.
Late Corn & Soybean Planting Decisions
Recorded June 6, 2019 | As a follow-up to their previous webinar, Purdue agricultural economists James Mintert and Michael Langemeier analyze the potential returns from taking the Prevented Planting option for corn and compare it to potential returns from delayed planting of both corn and soybeans, under a couple of different scenarios.
June 6, 2019
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2019-06 PAER
Contents: Where’s the Inflation?; Indiana Farmland Values & Rents: Opinions from the Indiana Chapter of Farm Managers & Rural Appraisers from February 2019; Comparing Crop Costs and Returns Across The Globe; Small Business Recovery Following a Natural Disaster?; Corn Storage Returns: Implications for Storage and Pricing Decisions; A Closer Look at Recent Variability in On-Farm Corn Storage Returns; Soybean Storage Returns: Implications for Storage and Pricing Decisions
June 5, 2019
Assessing Relationship Management and Leadership Skills
As farms continue to grow, relationship management and leadership skills will become increasingly important.
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Soybean Storage Returns: Implications for Storage and Pricing Decisions
Soybean storage returns are examined in this article. The method of measuring those returns is similar to corn. Please read the corn storage return article in this publication for that information. One difference is that the harvest price for soybeans was assumed to be the cash prices in the first two weeks of October, while the corn harvest price was assumed to be the last two weeks of October.
A Closer Look at Recent Variability in On-Farm Corn Storage Returns
The corn and soybeans storage returns articles examine long run averages. These can be somewhat misleading when there is a lot of variation from year to year. For this reason we are providing a peek at the weekly speculative on-farm corn returns data for the last ten years.
Corn Storage Returns: Implications for Storage and Pricing Decisions
Grain storage is an important marketing function that provides “time value” to the grain. Grain production occurs at harvest time, but usage is spread throughout the marketing year. Thus storage is required to remove the harvest surplus and then to allocate that surplus to users in an orderly manner until the next harvest.
Small Business Recovery Following A Natural Disaster?
Small businesses may sometime face extremely difficult situations that can jeopardize survival. In this article we report on some of the characteristics of firms that have survived a natural disaster. The in- tent is to illustrate management decisions that can assistant any business in getting through the trauma.
Comparing Crop Costs and Returns Across the Globe
Examining the competitiveness of crop production in different regions of the world is difficult due to lack of comparable data and agreement regarding what needs to be measured. To be useful, international data needs to be expressed in common production units and converted to a common currency. Also, production and cost measures need to be consistently defined across production regions.f-
Indiana Farmland Values & Rents: Opinions From the Indiana Chapter of Farm Managers & Rural Appraisers From February 2019
These results indicate Indiana’s farmland market has been in a period of relative stability. While markets are seldom perfectly stable, these February expectations are for relatively small future changes at least by historical standards. But there are lots of uncertainties that could change these expectations.
Where’s the Inflation?
The United States economy is at capacity, with an unemployment rate near 50-year lows. In the past such low unemployment resulted in rising inflation. In our time, though, the inflation rate has remained near 2%. It has not increased. So, “Where’s the inflation?”
Delayed Corn & Soybean Planting Decisions
Recorded May 23, 2019 | Purdue agricultural economists James Mintert and Michael Langemeier join Purdue agronomists, Bob Nielsen and Shaun Casteel to discuss crop insurance alternatives as well as corn and soybean agronomic management considerations.
May 23, 2019
Assessing Procurement and Marketing Skills
Failing to develop a marketing plan may lead to a situation in which the farm only sells their products when they need liquidity.
May 15, 2019
Farmer Use of Ag Data Software
In this era of precision agriculture and big data, farmers are increasingly pressured to adopt a farm data software platform. Companies such as Granular, Farmers Edge and Conservis allow producers to manage and analyze their data.
May 12, 2019