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General Farm Management & Strategy
Productivity growth is a function of changes in input use, technical change, and technical efficiency change.
Read MoreRecorded September 13, 2018 | Updated corn and soybean outlook following the release of USDA’s Crop Production and WASDE reports.
Read MoreLabor efficiency and productivity can be improved by examining per unit costs among inputs and making appropriate adjustments to a farm’s input mix.
Read MoreBenchmarking is an important component to a continuous improvement program.
Read MoreRecorded 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 MoreExamine the competitiveness of wheat production for important international wheat regions using 2013 to 2016 data from the agri benchmark network.
Read MoreRecorded July 3, 2018 | Corn & soybean outlook focused on updated trade tariff information, along with information from USDA’s June 30th Acreage & Grain Stocks reports.
Read MoreAn early lesson in economics is that commodity markets, and the prices they help generate, send signals to producers of how much to produce, what to produce, and when to produce. A good illustration are the signals sent to the world’s grain producers during the recent boom-moderation cycle that all farmers are familiar with.
Read MoreFarm size and growth are often discussed in the context of economies of size. Previous research suggests that the average cost curve in production agriculture is downward sloping or at a minimum L-shaped. Thus, in general, larger businesses have lower costs of production.
Read MoreExamines the competitiveness of soybean production for important international soybean regions using 2013 to 2016 data from the agri benchmark network.
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