(Part 2) 2024 Indiana Cash Rent Trends

Join Purdue ag economists Todd Kuethe, Michael Langemeier and James Mintert as they discuss farmland cash rental rates on this, the second episode of two episodes reviewing the 2024 Purdue Farmland Values and Cash Rents Survey results. Each June, Purdue's department of agricultural economics surveys knowledgeable professionals regarding Indiana's farmland and cash rental market. The trio of ag economists review survey results and long-term trends in Indiana cash rental rates, including an examination of regional variation in rates within Indiana. The discussion concludes by examining the relationship between cash rental rates and estimated net returns to land as well as the long-term farmland price to cash rent ratio.

Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast174.

You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/Kyt3uyqQeWY to subscribe and watch.

For the full August Purdue Agricultural Economics Report, visit: https://purdue.ag/paer.

To learn more about Indiana's 2024 farmland values, listen to the first podcast in this series (episode 173) for an in-depth understanding of trends, market dynamics, and future expectations for farmland values with professors Kuethe, Langemeier and Mintert.

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