Lafayette Online

WEST LAFAYETTE, Ind. -– When commodity prices are high and incomes are up, farmers often can borrow money to plant their spring crop with almost no questions asked by lenders. That is not the case this year, said a Purdue University agricultural economist. As farmers approach lenders about renewing their operating line of credit they [...]

WEST LAFAYETTE, Ind. — Indiana farmland values dropped slightly but held their own in a tumbling economy, according to the 2009 Indiana Farmland Values and Cash Rents Survey completed by Purdue University. The survey, conducted each June by the agricultural economics department, reports that the value of top-quality farmland in Indiana declined 0.2 percent from [...]

WEST LAFAYETTE, Ind. — A global economic slowdown isn’t likely to hit agriculture as hard as other industry sectors, but that doesn’t mean farmers and their lenders won’t see changes ahead, said Michael Boehlje, a Purdue University agricultural economist. While Boehlje said he believes credit will be available for crop and livestock producers, farmers and [...]