Managing Risk – Developing a Cash Rent Strategy
Indiana corn and soybean farmers have seen a sharp decline in gross revenue in 2014 and 2015. This revenue decline is putting pressure on operating margins. Unfortunately, the decline in revenues is not being matched by a decline in costs. This is causing farmers to ask “Should we continue to rent land if I fully expect to lose money?” and “How much of a premium can I pay to hold on to a property hoping for a change in profits?”
Jim Mintert with the Purdue Center for Commercial Ag will help address how to answer these questions by assessing the implications of farming a property at a loss on the working capital of the farm. He will do this by introducing the Long Term Cash Rent tool that is available on the Purdue Center for Commercial Ag website.
Date: March 7
Time: 8:30 registration, Program 9-11 am
Place: Ivy Tech – Logansport
Cost: FREE – But registration is required by Friday, March 4
Register: Call the Cass County Cooperative Extension Office
Call for info and registration: 574-753-7750
Flyer with more information: Long-TermCashRent2016
February 24, 2016 01:59 pm | Education
