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Crops

2017 Crop Outlook – After USDA’s Crop Acreage Report

Recorded July 3, 2017 | Purdue ag economists Chris Hurt & David Widmar discuss implications of USDA’s June 30 Acreage report on the outlook for corn and soybeans.

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Corn and Soybean Storage Returns in a Wild Decade

Given the wide price swings of the past decade what was the impact on storage returns? In an attempt to answer that question this article will estimate the speculative storage returns by year, and on average, over the past decade for a central Indiana farm.

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Prevented Planting and Replant Decisions

With corn and soybean planting in the Eastern Corn Belt behind schedule, many farmers are dealing with prevented planting and replant decisions. In response, we have put together materials pertaining to these decisions.

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Crop Insurance Product Comparisons

This article examines the relative attractiveness of the various crop insurance products for a case farm in west central Indiana. The discussion below focuses on individual products rather than area products.

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Using Enterprise Budgets to Compute Crop Breakeven Prices

Enterprise budgets are often one of the building blocks to creating a whole-farm plan.

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2017 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.

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2017 Gross Revenue Scenarios for Soybeans

Soybean production margins have been tight since 2014 and are likely to remain tight in 2017. In this environment, it is natural to think about possible gross revenues for soybeans in 2017.

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2017 Gross Revenue Scenarios for Corn

Crop margins have been extremely tight since 2014 and are likely to remain tight for in 2017. In this environment, it is natural to think about possible gross revenues for corn in 2017.

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Relationship between Cash Rent and Net Return to Land

This article examines the relationship between cash rent and net return to land for Indiana, and attempts to answer this question.

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Contribution Margins for Corn/Soybean Rotation

The contribution margin for an enterprise is defined as the difference between market revenue and total variable cost. Fertilizer, seed, pesticides, dryer fuel, machinery fuel, machinery repairs, hauling, interest, insurance, and miscellaneous cost are typically included in total variable cost.

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