Purdue Agricultural Economics Report


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June 2014

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June 2014 PAER Report

In this Issue:

The New Farm Bill is complex and here we lay out the three alternatives and describe in detail the Agricultural Risk Coverage-Individual Farm alternative. Also we give a step-by-step process for landowners and farmers to examine their alternatives. Donít worry if you are still a little fuzzy on program details because Purdue Extension will work with other Ag groups to provide educational information and analysis later in 2014 as program sign-up approaches.

Indiana Farm Management Tour June 16-17 in beautiful Southern Indiana. Five enjoyable farms to visit and learn from. New management ideas will be worth the trip. See you there!

Are your farm machinery costs high or low? Machinery is one of the large expenses on modern farms. Here we identify economic benchmarks that will help indicate where your costs fall. High machinery costs may not always be a bad thing, find out why?

Top Farmer Crop Conference July 15-16. This is where top farm managers from across the Midwest gather to learn and exchange management ideas. Check out our new two-day concentrated format!

Returns to corn storage have changed somewhat in the high value grain era? What lessons does this provide for how long to store and the magnitude of storage returns?


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