As one of the most successful and longest-running management programs specifically crafted for farmers, the Purdue Top Farmer Conference is a one-day event for agricultural producers and agribusiness professionals looking to navigate the complexities of today's agricultural landscape. Participants will have the opportunity to network with peers and hear from farm management experts and agricultural economists from Purdue, Farm Credit Services of America, the University of Illinois Urbana-Champaign and Acres, a land value data analytics company.
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Farmland
Recorded August 20 | Purdue ag economists break down the Purdue Farmland Values and Cash Rents Survey results and the USDA Land Values report.
Read MoreIt 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.
Read MoreThe assessed value of farmland will decrease in 2021, and property tax bills for most farmland owners should fall too. We project farmland assessments to decline a little over the next few years, but tax bill changes depend on the effect of the recession on the values of residential, commercial and industrial property.
Read MoreRecorded August 7, 2020 | Purdue ag economists Todd Kuethe, James Mintert, and Michael Langemeier discuss the latest Purdue Land Values Survey and USDA’s Land Values report.
Read MoreFarmer sentiment in July was virtually unchanged from a month earlier as the Purdue University-CME Group Ag Economy Barometer rose just one point to a reading of 118. Purdue ag economists James Mintert and Michael Langemeier review the results from the July 2020 Ag Economy Barometer survey, a nationwide monthly survey of 400 ag producers.
Read MoreThe COVID-19 pandemic will be the defining economic event of 2020. As documented in the previous Purdue Agricultural Economics Report, the pandemic has had a profound impact on the Indiana food and agriculture sector. Land is the farm sector’s largest input, and as a result, farmland values generally reflect broad trends in the costs and…
Read MoreThe COVID-19 pandemic will be the defining economic event of 2020. As documented in the previous Purdue Agricultural Economics Report, the pandemic has had a profound impact on the Indiana food and agriculture sector. Land is the farm sector’s largest input, and as a result, farmland values generally reflect broad trends in the costs and returns of agricultural production. The 2020 Purdue Land Values and Cash Rents Survey suggests that farmland prices across the State generally improved on a year-to-year basis.
Read MoreEstimates for the current rental value of pastureland, hay ground, irrigated land, and on-farm grain storage in Indiana are often difficult to locate. For the past several years, questions about these items have been included in the Purdue Farmland Value Survey. These tables report the values from the June 2020 survey. Table 1 reports averages…
Read MoreFarmland prices have declined approximately 15 percent since 2014. However, farmland prices remain substantially above historical prices. For example, farmland prices in 2020 in West Central Indiana are 63% higher than they were in 2010 and 255% higher than they were in 2000 (for current land values see Kuethe and Dobbins, in this edition of…
Read MoreRecorded July 13, 2020 | Purdue agricultural economists Michael Langemeier and James Mintert provide an updated ag outlook featuring information from USDA’s latest reports, balance sheet estimates, and updated crop condition information.
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