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General Farm Management & Strategy

​Ag Business Climate Outlook for 2018

Recorded January 3, 2018 | Purdue ag. economists Chris Hurt, Michael Langemeier & Jim Mintert discuss the ag. economy outlook and management strategies for 2018.

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How Should Farm Growth Options be Evaluated?

When evaluating business venture opportunities, it is important to gauge the impacts of these options on strategic fit, expected returns and risk, capital structure, ease of entry and exit, value creation, and managerial requirements.

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Strong U.S. Economy: But a Lid on Growth

The United States economy has reached full employment. The November unemployment rate was 4.1%. Most people who want to work are working.

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What Strategic Issues Should Influence my Growth Options?

When evaluating growth options, it is important to identify key resources and capabilities, and to evaluate the business environment, and assess opportunities and threats. The idea is to use the farm’s key resources and strengths to pursue potential opportunities.

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What are my Options to Grow?

Farms have numerous options that can be explored when examining farm growth and downsizing decisions. When evaluating alternatives, it is important to gauge the impact of each alternative on net returns, risk, and the farm’s resource base.

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Fall 2017 Crop Outlook & Marketing Strategies

Recorded October 13, 2017 | Purdue ag economists Chris Hurt and Jim Mintert discuss the corn & soybean outlook, and marketing strategies to consider, following release of USDA’s Oct. 2017 Crop Production & WASDE reports.

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Drivers of Consolidation and Structural Change in Production Agriculture

The production agricultural sector has historically been much more fragmented than other stages of the food and agricultural industry, but it has been transitioning for decades from modest size, independent businesses to increasingly larger scale businesses that are more tightly aligned across the value chain. This article examines the key drivers that are likely to influence further consolidation and structural change in the next few years, and discusses the implications of the key drivers on agribusinesses.

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Managing Risk: A Conversation with Kirkpatrick Farms

Kirkpatrick Farm operators, Bryan and Susan Kirkpatrick along with their daughter, Andrea, raise food-grade corn and seed soybeans with an emphasis on improving the productivity of their land.

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Managing Risk: A Conversation with Scott Farms

Scott Farms is a diversified crop farm. Operators include Brian, John, and Robert. Crops produced include corn, waxy corn, popcorn, soybeans, and seed soybeans.

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Managing Risk: A Conversation with Mylet Farms

The Mylet farm is operated by Tom and Neal Mylet (fifth and sixth generations of the Mylet family) along with input from several other family members. The farm has been in their family for more than 150 years.

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