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General Farm Management & Strategy

International Differences in Labor Efficiency and Productivity

Examining the competitiveness of crop production in different regions of the world is often difficult due to lack of comparable data and agreement regarding what needs to be measured.

The Economic Importance of U.S. Animal Agriculture

Today, farms are much more specialized in crops or animals, and many fewer are in both. Has this changed the relative economic importance of crop and animal agriculture in the U.S.?

Indiana Farmland Values & Rental Rates – 2019 Survey Results

Recorded August 21, 2019 | The panelists provided updated farmland value and cash rent information from the 2019 Purdue Land Value Survey.

Flexible Cash Rent Leases

Switching from a fixed cash rent lease to a flexible cash rent lease allows a lower base rent to be established while simultaneously allowing landowners to share in relatively high crop revenues if they occur.

2019 Indiana Pasture Land, Hay Ground, and On-Farm Grain Storage Rent

Estimates for the current rental value of pastureland, hay ground, irrigated land, and on-farm grain storage in Indiana are often difficult to locate.

Indiana Farmland Values and Cash Rent Trends and Market Comments

Trend graphs and selected comments from 2019 Purdue Land Value Survey respondents.

2019 Indiana Farmland Values and Cash Rents Slide Lower

After many unexpected events during the first half of the year, I’m hoping for something more normal during the second half of 2019. Who would have thought corn and soybean planting would extend into late June?

Assessment of Management Skills

Assessing management skills is an important part of benchmarking farm performance and figuring out where improvements may be needed.

Assessing Strategic Positioning Skills

Strategic direction involves thinking about whether the farm is going to focus on a commodity based strategy or a differentiated product strategy.

Providing Reports for Crop Landowners

Communicating is prudent for a tenant to provide updates of crop conditions throughout the year and make sure that crop shares and possible bonuses emanating from flexible cash leases are understood by both parties.

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