Regional Advantages

Renowned for its location, business climate and affordable cost of living, Northeast Indiana is consistently ranked best in the Midwest.

Industry Information

With access to 40,000 graduating students annually, join the impressive list of major employers leading Northeast Indiana’s top industries.

Business Leadership

Increasing personal income, growing the population and raising educational attainment. Join us!

About Living Here

Northeast Indiana is family-friendly, affordable and offers diverse opportunities to make it your own in Northeast Indiana.

Jobs & Internships

Join Northeast Indiana, a growing, vibrant community. From your next career to your next promotion, make it your own in Northeast Indiana.

Workshop to help farmers manage risk

February 12th, 2016


News Coverage:

February 11, 2016

Workshop to help farmers manage risk

KENDALLVILLE, Ind. — The ever-changing business climate for agriculture poses myriad problems and risks for Indiana farmers. The Purdue Extension workshop, “Managing Risk on Your Farm: Developing a Cash Rent Strategy,” aims to address and equip farmers with the tools and knowledge they need to face these risks.

The workshop will be 9 to 11:30 a.m. Feb. 23 at the Noble County Fairgrounds Log Cabin, 580 N. Fair St. in Kendallville.

Jim Mintert, director of the Purdue University Center for Commercial Agriculture and professor in the Department of Agricultural Economics, will present the workshop to assist farmers with the tools and know-how to develop an integrated approach to risk management, with an emphasis on a long-term cash rent strategy.

The presentation will have three parts: business climate overview, explanation of long-term cash rent spreadsheet and a demonstration with the spreadsheet.

During the demonstration portion, participants will be able to suggest changes to see how these affect the net returns, liquidity and solvency of a sample-farm’s five-year period.

“The interactive session will highlight sources of risk in today’s farm economy and highlight a resource to deal with risk, including a spreadsheet tool farmers can use to better manage their financial risk,” said Crystal Van Pelt, Steuben Country Extension associate educator.

The workshop is free, but registration is required by Feb. 18.

Categories