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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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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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It is safe to say that the last year was unlike any other in recent memory. The COVID-19 pandemic caused significant disruption to our lives and the global economy. Surprisingly, many of the current economic forces put upward pressure on farmland prices.
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Alternatives for addressing climate change are varied (McKinsey and Company, 2009). Here we specifically discuss one such alternative that is receiving increasing attention: sequestering carbon in agricultural soils.1 The soil carbon pool plays an important role in the global carbon cycle. However, the expansion of agriculture and modern agricultural practices have contributed to the release of soil carbon into the atmosphere.
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The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana. Purdue Extension educators and specialists developed the questionnaire. Purdue Educators distributed the questionnaires at meetings and events statewide during the last month of 2020 and the first three months of 2021.
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A series of financial management articles that examine financial statements and financial analysis. Financial management involves the evaluation of liquidity and solvency, financial planning, acquisition and use of financial resources, asset purchases and farm growth, and relationships with agricultural lenders.
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This article, the first in a series of articles, discusses the distinctions between risk and uncertainty. This distinction is very important when deciding the appropriate tools and strategies to use to cope with risk and uncertainty
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