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General Farm Management & Strategy

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.

2019 Indiana Farm Custom Rates

The rates reported in this publication were compiled from questionnaires received from farmers, farm owners, farm custom operators, and professional farm managers in Indiana.

Leasing Principles for Cropland

When examining the leasing option, a farm needs to decide, along with the landowner, whether they want to use a cash lease, a crop share lease, or a flexible cash lease.

Late Corn & Soybean Planting Decisions

Recorded June 6, 2019 | As a follow-up to their previous webinar, Purdue agricultural economists James Mintert and Michael Langemeier analyze the potential returns from taking the Prevented Planting option for corn and compare it to potential returns from delayed planting of both corn and soybeans, under a couple of different scenarios.

Assessing Relationship Management and Leadership Skills

As farms continue to grow, relationship management and leadership skills will become increasingly important.

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