2013 Purdue Cash Rent and Land Values Survey Results

This is sort of an "oops" post. I sent an e-mail to my mailing list when this came out a couple of weeks ago but neglected to post anything here.

The results of the 2013 Purdue Cash Rent and Land Values survey have been published at the following link:

Purdue Cash Rent and Land Values Survey

As a quick guide for Clinton County, Indiana landowners and tenants, the land values are on table 1, cash rents are on table 2 and Clinton County is in the central region of the state.

August 29 Farmland Rental Program

The Clinton County Extension Service will be hosting a Farmland Rental Program on Wednesday, August 29 from 10:30 a.m. to 12:45 p.m. at the Clinton County Fairgrounds, 1701 South Jackson Street in Frankfort.

Purdue Ag Economist Craig Dobbins will be on hand to discuss the recently released 2012 Indiana Land Values and Cash Rent Survey Results. He will consider the results of this survey, implications for rental rates in 2013 and discuss various aspects of rents such as negotiating contracts and flexible cash rents.

This looks to be a very good, useful program, particularly considering how this abnormal crop year may influence land decisions, particularly rental contracts.

A lunch, sponsored by The Farmers Bank, will be provided. Pre-registration is required if you intend to eat with us. Please register by August 22 by calling the Clinton County Extension Office at 765-659-6380 or 296-3511 or you may e-mail me at cemanuel@purdue.edu. If you don't pre-register you may still attend but lunch is not guaranteed.

For additional information and a registration form you may download the program flyer from the link below:

Farmland Rental Program Flyer.

August Dates to Save

I have a couple of programs I've scheduled for August so I'll throw these in here as a "save the date" message. More details will follow as we get closer.

On Tuesday, August 14 I'll have a Pork Quality Assurance (PQA) Plus and Site Self-Assessment Training program. This will be held at the Clinton County Extension Office, 1111 South Jackson Street in Frankfort from 6:30-8:30 p.m. The first hour will cover PQA Plus, the second hour will be for the site self-assessment training and test. Keep in mind if you know of someone who will be going to college to work in a swine unit or if you have a youth member age 14 or older who markets 10 or more pigs, they will probably need PQA Plus certification.

I've scheduled two programs for Wednesday, August 29 at the Clinton County Fairgrounds. In the morning from 10:30 to Noon, Craig Dobbins from the Purdue Ag Economics Department will be on hand to discuss Indiana Land Values and Cash Rents, including information based on the 2012 Indiana Land Values and Cash Rents Survey results, which should be available by this meeting. From 1-3 p.m. we'll have a Private Applicator Recertification Program (PARP). I don't know the precise topic for this but Fred Whitford from Purdue Pesticide Programs will be the main presenter so I'm sure it will be good. I'm working on finding a lunch sponsor for this day so hopefully we'll have a meal for attendees. EDIT: Just received a call from The Farmers Bank and they will be sponsoring lunch for the day.

Indiana Farmland Values and Cash Rents on the Rise

The 2011 Purdue Farmland Values and Cash Rent Survey results are in. Land values and rents are both up significantly over 2010 survey numbers. You can read the survey results in the August, 2011 Purdue Agricultural Economics Report. You will need Adobe Reader for this document.

Keep in mind that Clinton County is considered part of the Central District in Indiana. Tables 1 and 2 are what people are generally most interested in but there's a fair amount of information if you have a chance to read the entire report.