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General Farm Management & Strategy

How Can I Improve Labor Productivity?

Labor efficiency and productivity can be improved by examining per unit costs among inputs and making appropriate adjustments to a farm’s input mix.

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What Should My Farm Benchmark?

Benchmarking is an important component to a continuous improvement program.

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Managing Your Farm in Challenging Times​

Recorded August 22, 2018 | Purdue Ag Economists discuss marketing strategies for 2018 corn and soybean crops and provide updated farmland value and cash rent information.

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International Benchmarks for Wheat Production (2018)

Examine the competitiveness of wheat production for important international wheat regions using 2013 to 2016 data from the agri benchmark network.

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2018 Crop Outlook

Recorded July 3, 2018 | Corn & soybean outlook focused on updated trade tariff information, along with information from USDA’s June 30th Acreage & Grain Stocks reports.

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The Role of Grain Markets in the Boom-Moderation Cycle

An 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.

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Farm Growth: Challenges and Opportunities

Farm 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.

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International Benchmarks for Soybean Production (2018)

Examines the competitiveness of soybean production for important international soybean regions using 2013 to 2016 data from the agri benchmark network.

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International Benchmarks for Corn Production (2018)

Examines the competitiveness of corn production for important international corn producing regions using 2013 to 2016 data from the agri benchmark network.

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Corn Silage Production Budget

This Ohio State University spreadsheet calculates a corn silage production budget. Without some form of budgeting and some method to track your enterprises’ progress you’ll have difficulty determining profitability and if you’ve met your goals for the farm.

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