Tag Archive | "Farm Managers"

New regulations affect farm fuel storage

WEST LAFAYETTE, Ind. — Agricultural producers storing more than 1,320 gallons of fuel or other petroleum products on their farms soon will need a written plan for preventing and handling spills, a Purdue University specialist said. The plans are covered in U.S. Environmental Protection Agency regulation amendments that take effect Nov. 10, said Fred Whitford, […]

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March workshop teaches new farmers how to make a profit

WEST LAFAYETTE, Ind. –- Purdue Extension is offering a six-week series, starting in March, to teach beginning farmers about financial management, marketing and legal issues. Living on the Land is the second part of the small-acreage series and focuses on entrepreneurial farming rather than lifestyle or hobby farming, said Steve Engleking, Purdue Extension educator and […]

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Meth makers steal anhydrous ammonia, pose risk to farmers

WEST LAFAYETTE, Ind. — An increase in illegal methamphetamine use in Indiana has posed a serious threat to farmers who use anhydrous ammonia, but a Purdue University expert says security practices can lower the risks. Anhydrous ammonia is used widely as a nitrogen fertilizer and as an economical way to put nitrogen into the ground. But […]

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Economist: Farmers should prepare for lenders’ questions

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 […]

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High commodity prices cause tax increase on Indiana farmland

WEST LAFAYETTE, Ind. — Indiana farmers could see a substantial increase in property taxes over the next few years if the state’s farmland taxation formulas remain unchanged, said one Purdue University expert. “Indiana assesses farmland based on its use value rather than its market value,” said Purdue agricultural economist Larry DeBoer. “Almost all states do […]

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Indiana farmland values and cash rents down slightly

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 […]

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 September 2020