Farm Management Tour: July 17, 2024

Learn about innovative farm management strategies, new technologies for improving efficiency and productivity, ways to ensure a successful transition of farm operations to the next generation. Join us at the 91st annual Purdue Farm Management Tour and reception honoring the 2024 Indiana Master Farmers in Randolph County (Winchester), Indiana on Wednesday, July 17th.

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Finances

Purdue Farm Management Tour & Indiana Master Farmer Reception 2024

Two outstanding farms in east-central Indiana will host visitors wanting to learn about farm and crop management on July 17th for the Purdue University Farm Management Tour. The Indiana Master Farmer reception and panel discussion will follow.

Navigating Farm Loan Interest Rates

Host Brady Brewer, accompanied by guests Dr. Jennifer Iftt, Dr. Noah Miller, and Dr. Gerald Mashange, explore how agricultural loan interest rates vary among lenders. In this Purdue Commercial AgCast episode, they unpack a series of recent FarmDoc articles dissecting the nuances of interest rates in ag loans across various groups of lenders, geographic regions, and different types of farms.

Interest Rate Dilemma – Fixed or Variable

The current farm demand for long-term loan products seems to suggest some farm borrowers are anticipating lower future interest rates. Farm borrowers should carefully consider their exposure to interest rate changes when choosing long-term loan products.

International Benchmarks for Wheat Production (2024)

Examining the competitiveness of wheat production in different regions of the world is often 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.

Crop Budget Spreadsheet

This spreadsheet can be used along with the Purdue Crop Cost & Return Guide to examine gross revenue, costs, and earnings for crop enterprises. The user can evaluate up to three full-season crops, and the wheat double-crop soybean system. Updated April 2024.

International Benchmarks for Soybean Production (2024)

Examine the competitiveness of soybean production for important international soybean regions using 2018 to 2022 data from the agri benchmark network.

USDA Farm Income Forecast, February 2024 Update

Join host Brady Brewer for a Purdue Commercial AgCast episode with Purdue ag economist Michael Langemeier as they discuss USDA’s latest farm income forecast for February 2024. Net farm income is expected to decline by 25% but remain near the long-run average.

Commodity Classic 2024

The Purdue University Center for Commercial Agriculture will present a Learning Center Session on Thursday, February 29 entitled Positioning Your Farm for Long-Term Success during Commodity Classic in Houston, Texas.

Producer Sentiment, Farmland Value Expectations, and Farm Financial Performance

Farmland is by far and away the largest asset on most farm balance sheets. Given the importance of farmland prices to the financial health of farms, it is useful to explore factors that impact farmland price expectations. This article examines the relationship between producer sentiment, farmland value expectations, and farm financial performance.

International Benchmarks for Corn Production

Examined yield, gross revenue, and cost for farms in the agri benchmark network from Argentina, Brazil, Canada, the Ukraine, and the United States.

Center for Commercial Agriculture