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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General Farm Management & Strategy

2017 Crop Outlook – After USDA’s Crop Acreage Report

Recorded July 3, 2017 | Purdue ag economists Chris Hurt & David Widmar discuss implications of USDA’s June 30 Acreage report on the outlook for corn and soybeans.

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Introducing PIFF: The Purdue Initiative for Family Firms!

The Purdue Initiative for Family Firms (PIFF) is a new program housed in the Department of Agricultural Economics. PIFF is an integrated research, outreach, and teaching program.

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Assessing and Managing Strategic Risk

Managing both operational risk and strategic risk is important in today’s production agriculture environment.

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Transferring Farm Machinery Through a Lease Agreement

There are numerous methods to transfer the ownership of farm machinery. Lease agreements often lower the cash flow requirements of the younger generation.

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Transferring Business Management

Transferring business management between generations is one of the most critical steps in transitioning the business from an older generation to a younger generation.

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Spring 2017 Crop Outlook – After USDA’s Planting Intentions Report​​​

Recorded April 3, 2017 | Chris Hurt, Michael Langemeier and James Mintert discuss the crop outlook which includes updated information from USDA’s March 31 Grain Stocks and Prospective Plantings reports.

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How Should Business Income be Divided?

A model described that can be used to divide farm business income and provided an illustration of how this model could be used in practice.

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Should Sweat Equity be Used to Compensate a Returning Family Member?

Sweat equity may arise when an on-farm heir is paid less than their true opportunity cost to work for the business and/or the business has grown substantially due to the abilities and efforts of the on-farm heir.

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Making Your 2017 Crop Insurance Choices​​​

​​​Recorded February 28, 2017 | James Mintert and Michael Langemeier discuss some of the key issues facing crop producers as they make their 2017 crop insurance decisions.

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Family Business as a Competitive Advantage​​​

Recorded January 31, 2017 | James Mintert, Maria Marshall and Renee Wiatt talk about the competitive advantage of the family business and introduce the Purdue Institute of Family Firms.

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