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Farmland
After many unexpected events during the first half of the year, I’m hoping for something more normal during the second half of 2019. Who would have thought corn and soybean planting would extend into late June?
Read More about 2019 Indiana Farmland Values and Cash Rents Slide LowerCommunicating is prudent for a tenant to provide updates of crop conditions throughout the year and make sure that crop shares and possible bonuses emanating from flexible cash leases are understood by both parties.
Read More about Providing Reports for Crop LandownersWhen 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.
Read More about Leasing Principles for CroplandThese 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.
Read More about Indiana Farmland Values & Rents: Opinions From the Indiana Chapter of Farm Managers & Rural Appraisers From February 2019Last year at this time, many forecasters indicated the worst of the margin pressure appeared to be behind production agriculture. Farmers had achieved some success in lowering per unit cost of production.
Read More about Cash Rents and Farmland Values Remain Under Downward PressureCompare the net returns of a crop share arrangement with two flexible cash lease arrangements.
Read More about Flexible Cash Lease ComparisonsRecorded August 22, 2018 | Purdue Ag Economists discuss marketing strategies for 2018 corn and soybean crops and provide updated farmland value and cash rent information.
Read More about Managing Your Farm in Challenging TimesIt’s been three years since the Indiana General Assembly passed and the Governor signed Public Law 249, changing the method used to calculate the base rate of farmland for property tax assessment.
Read More about Farmland Assessment for Property Taxes in the Coming DecadeEstimates for the current rental value of pastureland, hay ground, 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 2018 survey.
Read More about 2018 Indiana Pasture Land, Hay Ground, and On-Farm Grain Storage RentOn a statewide basis, June year-to-year farmland value comparisons indicate an uptick for top, average, and poor quality farmland. For the state as a whole, the strongest percent increase was for poor land, increasing 2.4%.
Read More about 2018 Indiana Farmland Values – Up, Down, & Sideways