IF 187: “10 Questions That Need to Be Addressed When Considering Farm Growth” w/Michael Langemeier

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Episode 187: “10 Questions That Need to Be Addressed When Considering Farm Growth” w/Michael Langemeier

In this week’s episode, Tracy speaks with Michael Langemeier about the “10 Questions That Need to Be Addressed When Considering Farm Growth.”

Is your farming operation considering farm growth in the near future?

If so, you will not want to miss this episode where Tracy and Michael chat about:

• Tracy asks Michael, “What’s keeping producers up at night,” Michael shares the most common concerns from their panel of 400 producers across the USA.
• Michael starts off with a conversation about the most common reasons for farm growth.
• He then shares his ten questions that must be addressed when a farming operation is considering growth.

Are you considering farm growth for more revenue? Or maybe your farm growth is the income growth that will permit the next generation to join the farming operation.

No matter your reason for growth, there is some powerful information in today’s interview so don’t miss this conversation and Michael’s critical questions that should be asked to ensure a well-thought-out farm growth decision.

Don’t miss this episode.

 

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* Disclaimer - As always, this information is not intended to provide business or medical advice. To ensure that your own circumstances have been properly considered and that action is taken based on the latest information available, you should obtain professional advice from qualified business or medical professionals before acting on any of the information in this post.
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Show Resources




Purdue Commercial Ag Learning Centre: https://ag.purdue.edu/commercialag/home/team/michael-langemeier/

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Show Guest

Michael Langemeier
Associate Director,
Center For Commercial Agriculture And Professor, Department Of Agricultural Economics | Purdue University

Michael Langemeier joined Purdue University in July 2012. Michael’s Extension and research interests include cropping systems, benchmarking, strategic management, cost of production, and technical and economic efficiency. Most of Michael’s research has focused on the efficiency of farms and ranches, and crop and livestock enterprise production costs and efficiency. He has also conducted research related to tillage systems, biomass crops and the tradeoff between crop rotation profitability and water quality.

Prior to arriving at Purdue, Michael spent 22 years in the Department of Agricultural Economics at Kansas State University. In addition to working on Extension and research projects, Michael taught courses in economic theory and farm management and worked closely with the Kansas Farm Management Association. He also conducted workshops for feed mill managers, emphasizing the importance of tracking financial performance, benchmarking and capital budgeting.

Connect with Michael Langemeier - LinkedIn / Website 

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The Impact Farming Show

Welcome to Impact Farming, Farm Marketer's video and audio show dedicated to helping Canadian farmers excel in the business of farming. Our goal with this show is to introduce our audience to the people and ideas that are going to make an IMPACT on their farming operation. 

Show Host - Tracy Brunet
CEO of Farm Marketer 

Tracy and her husband are cattle ranchers in South East, Manitoba. As host of the show, primary producer and agvocate, Tracy is passionate about helping farmers succeed in the business of farming. 

In each episode, Tracy chats with today's most successful farm advisors and industry leaders to bring our audience the best and most important ideas. 

Connect with Tracy Brunet - Twitter / Facebook / Instagram / Linked in

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