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

2014 Farm Bill Questions​​

Recorded February 16, 2015 | Analysis of key decisions farmers and landowners need to make regarding their participation in programs available under the 2014 Farm Bill.

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Measuring Risk and Uncertainty

This article, second in a series of articles, described two risk measures, variability and downside risk, that are commonly used. Using a case farm in west central Indiana that produced corn and soybeans, variability and downside risk were higher for corn than for soybeans.

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Risk and Uncertainty

This series of articles will provide an introduction to risk and uncertainty, and discuss tools and strategies that can be used to mitigate risk and uncertainty.

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How Do You Win In Tough​ Times?

Recorded January 23, 2015 | ​Management strategies that you can put in place now to help your farm deal with the pressure of low profitability in the crop sector. Purdue Economists Michael Langemeier and Jim Mintert discuss the “Best in Class” strategies which will help position your farm for success now and in the years ahead.​

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What is Risk and Uncertainty

This article, the first in a series of articles, discusses the distinctions between risk and uncertainty. This distinction is very important when deciding the appropriate tools and strategies to use to cope with risk and uncertainty

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3 Ways to Manage Risk in Your Farm Business

Most people working in agriculture are in the business of commodity. And in the long run, in a commodity business, there is one absolute key to success. It’s pretty straightforward: be a low-cost producer. It can be difficult to make it happen, but necessary, especially in today’s volatile financial climate.

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The Great Margin Squeeze: Strategies for Managing Through the Cycle

After many years of high commodity prices and strong profitability, the landscape in the row-crop sector has shifted dramatically. Today, farmers are facing a substantial margin squeeze. Purdue’s early estimates of the 2015 budget for operations on average-quality Indiana farmland projected a loss ranging from $156 to $317 per acre.

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Managing Your Farm In An Economic Downturn

Recorded December 18, 2015 | A discussion of strategies farmers can use to successfully manage their farm during the current economic downturn in crop agriculture.

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Changing Business Climate for Agriculture and the Outlook for 2015​​​​

Recorded December 5, 2014 | The panelists outline drivers of this changing business climate and discuss strategies farms can put in place to help manage the downturn in crop agriculture and the upswing in animal agriculture.

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Farm Bill Choi​ces​

Recorded December 5, 2014 | A discussion of farm program choices that farmers and landowners need to make in early 2015. Programs discussed include ARC-County, PLC, and ARC-Individual, as well as base acreage reallocation and yield updating.

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