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General Farm Management & Strategy

Assessing Financial Management Skills

Utilizing key performance indicators is an important ingredient in creating an environment that stresses continuous improvement.

U.S. Economy Near Capacity Slows Growth Potential

Since March 2018 there have been more job openings in the U.S. economy than there are people searching for work. The limit on job growth is the availability of potential employees, not job opportunities. The U.S. economy has reached capacity.

Assessing Production Management Skills

Productivity growth is a function of changes in input use, technical change, and technical efficiency change.

Fall 2018 Crop Outlook

Recorded September 13, 2018 | Updated corn and soybean outlook following the release of USDA’s Crop Production and WASDE reports.

How Can I Improve Labor Productivity?

Labor efficiency and productivity can be improved by examining per unit costs among inputs and making appropriate adjustments to a farm’s input mix.

What Should My Farm Benchmark?

Benchmarking is an important component to a continuous improvement program.

Managing Your Farm in Challenging Times​

Recorded August 22, 2018 | Purdue Ag Economists discuss marketing strategies for 2018 corn and soybean crops and provide updated farmland value and cash rent information.

International Benchmarks for Wheat Production (2018)

Examine the competitiveness of wheat production for important international wheat regions using 2013 to 2016 data from the agri benchmark network.

2018 Crop Outlook

Recorded July 3, 2018 | Corn & soybean outlook focused on updated trade tariff information, along with information from USDA’s June 30th Acreage & Grain Stocks reports.

The Role of Grain Markets in the Boom-Moderation Cycle

An early lesson in economics is that commodity markets, and the prices they help generate, send signals to producers of how much to produce, what to produce, and when to produce. A good illustration are the signals sent to the world’s grain producers during the recent boom-moderation cycle that all farmers are familiar with.