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General Farm Management & Strategy

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.

Corn & Soybean Outlook Update: Following USDA’s Acreage Report

Recorded July 2, 2019 | The presenters provide an updated review of corn and soybean acreage, which includes information from USDA’s Acreage report along with their own assessment of prevented planting of corn and soybeans.

Assessing Risk Management Skills

Risk management involves optimizing expected returns given the risks involved.

Corn & Soybean Price Outlook: Making Your 2019 Soybean Prevented Planting Decisions

Recorded June 17, 2019 | Purdue agricultural economists Chris Hurt, Michael Langemeier, and James Mintert provide an updated corn and soybean price outlook, which includes information from USDA’s Crop Progress report.

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