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Join Purdue ag economists Michael Langemeier, Todd Kuethe, and James Mintert as they discuss farmland rental agreements, with a focus on flexible cash rent leases versus traditional cash rental and crop share arrangements. They combine their comparison of cropland flex leases to cash rental agreements with insights from the 2024 Purdue Farmland and Cash Rental Rate Survey. The discussion covers cash rental trends in west central Indiana, the economic factors influencing changes in rental rates, and the relationship between net returns to land and cash rental rates. They also discuss the benefits and challenges associated with flex leases, emphasizing the importance of clear agreements. The episode also provides an update on Indiana farmland values and points listeners to the array of farmland leasing resources available on the Purdue Center for Commercial Agriculture's website. Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast177. You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/87bpXxTwm58 to subscribe and watch. For additional resources and publications on leasing, visit: https://purdue.ag/leasingland. The full August Purdue Agricultural Economics Report with 2024 survey results for farmland values and cash rental rates can be found by visiting: https://purdue.ag/paer. To learn more about Indiana's 2024 farmland values, listen episode 173 for an in-depth understanding of trends, market dynamics, and future expectations for farmland values with professors Kuethe, Langemeier and Mintert: https://purdue.ag/agcast173 And learn more about Indiana's 2024 farmland cash rental rates by listening to episode 174: https://purdue.ag/agcast174 Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast.
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. Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast.
Join Purdue ag economists Todd Kuethe, Michael Langemeier and James Mintert as they discuss Indiana farmland values on this, the first of two episodes reviewing the 2024 Purdue Farmland Values and Cash Rents Survey results. Each June, the department of agricultural economics surveys knowledgeable professionals regarding Indiana's farmland and cash rental market. The 2024 survey results confirmed that the average value for Indiana farmland hit a new record high this summer. A number of forces, such as high interest rates and lower farm incomes, are placing downward pressure on prices, but the limited supply of land is keeping prices firm. The episode shares insights from the Farm Sector Balance Sheet, USDA data collection methods, regional variations in land values, and the influences of factors such as interest rates and development pressures on farmland prices. Gain an in-depth understanding of trends, market dynamics, and future expectations for farmland values. Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast173. Socials: https://twitter.com/PUCommercialAg, https://www.facebook.com/PUCommercialAg If you are enjoying the podcast, tweet us using #AgCast. For the full August Purdue Agricultural Economics Report, visit: https://purdue.ag/paer. A second podcast on Indiana's 2024 farmland cash rental rates will be released later this month with discussion on cash rent with professors Kuethe, Langemeier and Mintert.
In this Episode: LindaAnn Rogers, Tom Bradshaw, Dr. Matthew Lampe, Dr. Martha Grajdek, Ian Siderits, Rich Cruz, and Lee Crowson Visit Us: https://www.seboc.com/ Follow Us on LinkedIn: https://bit.ly/sebocLI Join an Open-Mic Event: https://www.seboc.com/events References Emanuel, N., & Harrington, E. (2023). Working remotely? Selection, treatment, and the market for remote work. Selection, Treatment, and the Market for Remote Work (June 2023). FRB of New York Staff Report, (1061). Langemeier, K., & Tito, M. D. (2022). The ability to work remotely: Measures and implications. Review of Economic Analysis, 14(2), 319-333. Smite, D., Moe, N. B., Hildrum, J., Gonzalez-Huerta, J., & Mendez, D. (2023). Work-from-home is here to stay: Call for flexibility in post-pandemic work policies. Journal of Systems and Software, 195, 111552. Soga, L. R., Bolade-Ogunfodun, Y., Mariani, M., Nasr, R., & Laker, B. (2022). Unmasking the other face of flexible working practices: A systematic literature review. Journal of Business Research, 142, 648-662. Sulaymonov, A. (2020). Flexible working practices: urgency or future?. Modern Economy, 11(07), 1342.
Host Brady Brewer recaps Michael Langemeier and Margaret Lippsmeyer's presentation on farm agility and resilience at the 2024 Top Farmer Conference. The discussion revolves around the importance of strategic risk management and the factors that contribute to a farm's resilience. Dr. Langemeier and Margaret highlight the relationships between farm growth, producer sentiment, risk preference, managerial ability, farm resilience, and the use of production ag technologies. The episode also touches upon the differences in producer sentiment between the Top Farmer Conference participants and the nationwide Ag Economy Barometer Survey. Tune in to learn more about the key takeaways from the survey and the strategies that farmers can adopt to become more resilient in their farming operations. Podcast provided by Purdue University's Center for Commercial Agriculture. Transcript from the discussion and more information from the Purdue Top Farmer Conference can be found at https://purdue.ag/agcast154.
Welcome to another episode of the Gladden Longevity Podcast with Dr. Jeffrey Gladden and Loral Langemeier, a financial expert and five-time New York Times Best-Selling Author with over 20 years of experience. Featured on major platforms like CNN and Fox News, she has collaborated with renowned figures and aims to revolutionize the money conversation. In her latest book, "Make Your Kids Millionaires," released in May 2022, Langemeier guides parents in fostering financial wisdom in their children from an early age. Alongside partner Benz Josue, she founded the Attainable Wealth Association, dedicated to educating and providing financial guidance to students, professional athletes, and their families, steering them towards enduring success. In this episode, they discuss valuable insights on financial planning, living a corporate life, and overcoming roadblocks to making money. Get ready to learn how to optimize your finances and maximize your resources to prioritize your health and longevity. Listen to this episode to learn about making a hundred the new thirty, living beyond 120, and Living Young for a Lifetime! Steve is so excited about the interview with Loral. (00:38) Dr. Gladden says How good you can be includes having financial resources for optimal health. (1:05) Steve is seated at his stand-up desk and feeling good. (3:37) Loral's previous episode highlighted her story and helped families. (5:09) Loral says owning a company is important for taxes. (7:35) Loral mentions that we should think differently and position ourselves financially differently. (9:15) You can live as an employee and entrepreneur concurrently (11:04) There are a lot of things entrepreneurs can write off. (13:15) Loral reveals that you must keep your family healthy if you need to have a legacy. (16:00) The values of the family affect how they invest in health and longevity. (19:00) You have to decide to do things differently. (21:22) Loral notes that finding time to re-evaluate what is important to you is important.(23:30) Dr. Gladden says one of the things with humans is that we are taught to think in a certain way. (26:50) If you are not doing anything for money, do something today. (29:30) Lora reveals how she was part of the team of Rich Dad Poor Dad. (31:33) There are many ways to make money and access funding. (34:10) You can't enjoy yourself if you are not healthy. (37:52) To learn more about Loral: Website: https://www.lorallangemeier.com/ IG: https://www.instagram.com/askloral/ (@askloral) FB: https://www.facebook.com/askloral/ (@LoralLangemeier) TW: https://twitter.com/askloral?lang=en (@askloral) LinkedIn: https://www.linkedin.com/in/lorallangemeier/?original_referer=https%3A%2F%2Fww w.lorallangemeier.com%2F (@LoralLangemeier) YouTube: https://www.youtube.com/c/lorallangemeier (@LoralLangemeier) TikTok: https://www.tiktok.com/@lorallangemeier?lang=en (@lorallangemeier)
In this week's episode, Tracy speaks to Michael Langemeier from Purdue University about “Measuring Optimism in Agriculture: September 2023 Ag Economy Barometer Report.” In this episode, Tracy and Michael speak about: What is the Ag Economy Barometer? In this interview, Michael shares the survey results from over 400 producers that were asked a series of questions. Purdue University and CME then compile the results to create the Ag Economy Barometer. The August 2023 results are in. Michael reviews the survey results and covers the following areas: Indexes of Current Conditions and Future Expectations Farm Financial Performance Index Farm Capital Investment Index Primary Reason now is a bad time to make large investments. Short-term farmland value expectations Long-term farmland value expectations For USA producers…what is the likelihood of Congress passing a farm bill in 2023? What is the most important title for producers in the bill? Michael wraps up the interview and shares his final thoughts on the levels of optimism in agriculture right now. Are you curious how other producers are feeling about the current state of agriculture? How optimistic are farmers about the future of farming? You will need to tune into today's episode to learn more. ............................... Show Resources About the Ag Economy Barometer: The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy. On the first Tuesday of each month, the Ag Economy Barometer provides a sense of the agricultural economy's health with an index value. The index is based on a survey of 400 agricultural producers on economic sentiment each month. Quarterly, the index is accompanied by an in-depth survey of 100 agriculture and agribusiness thought leaders. Ag Economy Barometer:https://ag.purdue.edu/commercialag/ageconomybarometer/ Purdue Commercial Ag Learning Centre: https://ag.purdue.edu/commercialag/home/team/michael-langemeier/ ...............................
Purdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss cash rental rates for Indiana farmland in this, the second of two episodes discussing the 2023 Purdue Farmland Values and Cash Rents Survey results. Each June, the department of agricultural economics surveys knowledgeable professionals regarding Indiana's farmland and cash rental market. The 2023 survey results confirm that, statewide, average cash rental rates for Indiana farmland rose about 2% above 2022's rates. However, changes in rates across Indiana's 6 regions were not uniform with rental rates in some regions and for some land quality types actually declining. To learn more about Indiana's 2023 farmland values, you can listen to the first of two podcasts in this series for a wide ranging discussion on Indiana farmland values with professors Kuethe, Langemeier and Mintert. Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast142. New! You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/_r5ZQej9Wvg to subscribe and watch.
Purdue ag economists Todd Kuethe, James Mintert and Michael Langemeier discuss Indiana farmland values on this, the first of two episodes discussing the 2023 Purdue Farmland Values and Cash Rents Survey results. Each June, the department of agricultural economics surveys knowledgeable professionals regarding Indiana's farmland and cash rental market. The 2023 survey results confirm that the average value for Indiana farmland hit a new record high this summer. Growth in values, however, was relatively modest compared to the record high appreciation observed in 2022 and the shifts in farmland values varied quite a bit depending on location within the state and land quality. To learn more about Indiana's 2023 farmland cash rental rates, listen to the second of two podcasts in this series for a wide ranging discussion on cash rent with professors Kuethe, Langemeier and Mintert. Podcast provided by Purdue University's Center for Commercial Agriculture. Slides and the transcript from the discussion can be found at https://purdue.ag/agcast141. New! You can find the FULL video episode on our YouTube channel. Visit https://youtu.be/dPCsvO2GXW4 to subscribe and watch.
In our weekly series From the Furrow, host Britt O'Connell and fellow grain geeks shed light on current market conditions and how grain producers can take action to manage their risk. This week, Britt is joined by Michael Langemeier, Associate Director with the Center for Commercial Agriculture and a professor in the Department of Agricultural Economics at Purdue University. How are input costs shaping up for this year's crop? How might producer margins be affected? Britt and Michael discuss those topics and a whole lot more.Visit the Center for Commercial Agriculture here.Questions or comments? Contact us at Insights@Ever.Ag, or give us a call at (312) 492-4200.Disclaimer: TRADING FUTURES AND OPTIONS ON FUTURES INVOLVES SIGNIFICANT RISK OF LOSS AND MAY NOT BE SUITABLE FOR EVERYONE. THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. THE INFORMATION AND COMMENTS CONTAINED HEREIN ARE PROVIDED BY EVER.AG AS GENERAL COMMENTARY OF MARKET CONDITIONS. THIS INFORMATION SHOULD NOT BE INTERPRETED AS TRADING ADVICE OR RECOMMENDATION WITHOUT FURTHER DISCUSSION WITH YOUR EVER.AG ADVISOR. THIS IS A MATTER OF SOLICITATION.©2023 Ever.Ag, Confidential and Proprietary.--The following music was used for this media project:Music: Funky Intro 29 by TaigaSoundProdFree download: https://filmmusic.io/song/9520-funky-intro-29License (CC BY 4.0): https://filmmusic.io/standard-licenseArtist website: https://linktr.ee/taigasoundprod
In this week's episode, Tracy speaks to Michael Langemeier from Purdue University about “Measuring Optimism in Agriculture: April 2023 Ag Economy Barometer Report.” In this episode, Tracy and Michael speak about: What is the Ag Economy Barometer? In this interview, Michael shares the survey results from over 400 producers that were asked a series of questions. Purdue University and CME then compile the results to create the Ag Economy Barometer. The April 2023 results are in. Michael reviews the survey results and covers the following areas: Indexes of Current Conditions and Future Expectations Farm Financial Performance Index Farm Capital Investment Index Primary Reason now is a bad time to make large investments. Short-term farmland value expectations Long-term farmland value expectations For USA producers…what is the likelihood of Congress passing a farm bill in 2023? What is the most important title for producers in the bill? Michael wraps up the interview and shares his final thoughts on the levels of optimism in agriculture right now. Are you curious how other producers are feeling about the current state of agriculture? How optimistic are farmers about the future of farming? You will need to tune into today's episode to learn more. ............................... Show Resources About the Ag Economy Barometer: The Purdue University/CME Group Ag Economy Barometer is a nationwide measure of the health of the U.S. agricultural economy. On the first Tuesday of each month, the Ag Economy Barometer provides a sense of the agricultural economy's health with an index value. The index is based on a survey of 400 agricultural producers on economic sentiment each month. Quarterly, the index is accompanied by an in-depth survey of 100 agriculture and agribusiness thought leaders. Ag Economy Barometer: https://ag.purdue.edu/commercialag/ageconomybarometer/ Purdue Commercial Ag Learning Centre: https://ag.purdue.edu/commercialag/home/team/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. ............................... Show Resources Purdue Commercial Ag Learning Centre: https://ag.purdue.edu/commercialag/home/team/michael-langemeier/ ...............................
Welcome to part 2 of this year's results or regret special event where we are taking a closer look at ...What is the character and value that you lead from?What is the integrity that you lead from? What is the commitment and discipline that you lead from?Notice that I say lead because in 2023 you're going to be the CEO.It's time to get specific with the direction you are headed and what goals you are looking to achieve. Remember, if you have too many goals, too many things that you want to accomplish all at one time, you set yourself up to lose. So join me for this week's release and let's get specific on what our 2023 results are going to be so we don't end up sitting with regrets.Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment. Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules: https://integratedwealthsystems.com/money-rules/Millionaire Maker Store: https://millionairemakerstore.com/Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/Integrated Wealth Systems: https://integratedwealthsystems.com/Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates Thanks for listening!Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening,
Welcome to this year's results or regret special event one of our favorite events of the year. Join us as we go over what happened in 2022 and look forward to where we want to be in 2023 and what it will take to get there.Pull up a chair, and grab some paper and a pen because you will want to take notes.Meet Loral Langemeier:Loral Langemeier is a money expert, sought-after speaker, entrepreneurial thought leader, and best-selling author of five books.Her goal: to change the conversations people have about money worldwide and empower people to become millionaires.The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral relentlessly and candidly shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to recognize and acknowledge the skills & talents of people, inspiring them to generate wealth.She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, she and her team have served thousands of individuals worldwide and created hundreds of millionaires through wealth-building education keynotes, workshops, products, events, programs, and coaching services.Loral is truly dedicated to helping men and women, from all walks of life, to become millionaires AND be able to enjoy time with their families.She is living proof that anyone can have the life of their dreams through hard work, persistence, and getting things done in the face of opposition. As a single mother of two children, she is redefining the possibility for women to have it all and raise their children in an entrepreneurial and financially literate environment. Links and Resources:Ask Loral App: https://apple.co/3eIgGcXLoral on Facebook: https://www.facebook.com/askloral/Loral on YouTube: https://www.youtube.com/user/lorallive/videosLoral on LinkedIn: https://www.linkedin.com/in/lorallangemeier/Money Rules: https://integratedwealthsystems.com/money-rules/Millionaire Maker Store: https://millionairemakerstore.com/Real Money Talks Podcast: https://integratedwealthsystems.com/podcast/Integrated Wealth Systems: https://integratedwealthsystems.com/Affiliate Sign-Up: https://integratedwealthsystems.com/affiliates Thanks for listening!Thanks so much for listening to our podcast! If you enjoyed this episode and think that others could benefit from listening, please share it using the social media buttons on this page.Do you have some feedback or questions about this episode? Leave a comment in the section below! Subscribe to the podcastIf you would like to get automatic updates of new podcast episodes, you can subscribe to the podcast on iTunes or Stitcher. You can also subscribe from the podcast app on your mobile device. Leave us...
Join our special guest, professor of Ag Economics Michael Langemeier from the University of Purdue, as we discuss the world supply of Nitrogen, Potassium, and Phosphorus. Where does our fertility come from? What affects supply? What should we expect of prices? How do we apply this information to our farms in 2023 and beyond? Interact with Professor Michael Langemeier - https://ag.purdue.edu/commercialag/home/ Email us at - apenney4yourthoughts@gmail.com
Michael Langemeier is a professor of agriculture economics at Purdue. In this episode, he shares his take on the 2022 crop harvest and how that will impact food prices both domestically and globally moving forward. Langemeier then walks us through the current fertilizer shortage and the cyclical nature of commercial agriculture, where impacts in one season aren't typically felt by consumers until months or even years later. The conversation concludes with an assessment from Langemeier on how much these sweeping nitrogen reduction policies issued in places like Sri Lanka and Canada are likely to affect production volumes and global food prices in the future. ⭕️ Sign up for our NEWSLETTER and stay in touch
Michael Langemeier is a professor of agriculture economics at Purdue. In this episode, he shares his take on the 2022 crop harvest and how that will impact food prices both domestically and globally moving forward. Langemeier then walks us through the current fertilizer shortage and the cyclical nature of commercial agriculture, where impacts in one season aren't typically felt by consumers until months or even years later. The conversation concludes with an assessment from Langemeier on how much these sweeping nitrogen reduction policies issued in places like Sri Lanka and Canada are likely to affect production volumes and global food prices in the future. ⭕️Watch in-depth videos based on Truth & Tradition at Epoch TV
January 13, 2022The Purdue Crop Chat is a regular podcast from Hoosier Ag Today and the Purdue University Extension Service, featuring Purdue Extension soybean specialist Dr. Shaun Casteel and Extension Corn Specialist Dr. Dan Quinn.USDA released their final yield numbers for 2021 on Wednesday. Shaun and Dan join host Eric Pfeiffer to give their reaction to record high Indiana yields. They also welcome Purdue Ag Economist Dr. Michael Langemeier to review 2021 and look ahead to the 2022 crop season.Langemeier says, “Certainly 2022 won't be as good as 2021, but I don't think it's going to be that different from 2020, and that's good news.”
This weekend Scott Langemeier is sharing about the great things God is doing through Movida. For Scripture, notes, upcoming events & more: http://bible.com/events/48757207
This weekend Scott Langemeier is sharing about the great things God is doing through Movida. For Scripture, notes, upcoming events & more: http://bible.com/events/48757207
In this week's episode, Tracy speaks with Michael Langemeier from Purdue University about “Sweat Equity” on the farm. The term sweat equity refers to a person's contribution toward a farm family operation. Sweat equity is generally not monetary and, in most cases, comes in the form of physical labor, mental effort, and time. Sweat equity is commonly found in the family business world, and it is a term that is well known to generations of hardworking farmers. In this episode, Tracy and Michael discuss this very important topic and cover the following points of interest: - Michael shares his definition of sweat equity. - He shares the two most common reasons why sweat equity occurs. - Tracy asks Michael to speak to the connection between farm profitability, accepting a returning family member, and sweaty equity. - Have you ever wondered if there is a way to measure and value sweat equity for estate planning purposes? You bet there is, and Michael's shares the calculations and how it can be applied within a farm business scenario. He also shares some additional factors that may affect the calculation. - He cautions our audience about the two main dilemmas that arise when calculating sweat equity and what to do about them. Are you part of a multi-generation farm family and curious about handling and fairly compensating family members for their sweat equity contributions? If so, you will not want to miss this episode. ............................... ***Don't forget to sign up as an Impact Farming Insider so that you are first to know about all-new episodes, fantastic contests, and new promotions https://www.farmmarketer.com/impact_farming_show/sign-up ...............................
This week’s podcast, sponsored by Yetter Equipment, features Michael Langemeier, Agricultural Economics professor, Purdue University. Langemeier will discuss how growers can fit cover crops into their cropping budgets, how cover crops can add revenue, what costs can be reduced by implementing covers, and more.
In this week’s episode, we speak to Michael Langemeier, Purdue University Professor, about the “Feasibility of Going Back to The Farm”. In business, it is a commonplace activity to perform a feasibility study before buying or expanding a business to allow a family member to join. In today's interview, we discuss exactly that. While there are many ratios and calculations to perform to help answer this question, this episode looks at the decision from a 30,000 foot view. It provides some critical information, questions to ask, and pitfalls to avoid when making this important decision. Throughout the episode, Tracy and Michael discuss: Some of the biggest mistakes that he sees students and farm families making when it comes to going back to the farm. Michael proposes a better strategy for success. Why must this feasibility conversation be had? They discuss how clear communication is essential before this process begins. Not when the second generation arrives back at the farm. Why knowing your financials is key to having this conversation. Michael explores how the financial implications of this decision go much deeper than just one new wage. He shares how some of the most important costs and considerations of welcoming back the next generation to the farm are often completely missed. He provides key financial considerations beyond the wage. They touch on compensating the next generation and sweat equity. They address ownership and the benefits of looking at the opportunities gained/missed by investing a portion of your working career in the farm, especially if ownership conversations are avoided. Whether you are the founder or the next generation looking to come back to the farm, this conversation should not be missed. This episode provides amazing insight to make sure that everyone is making this decision with their eyes wide open. Having clarity and asking the tough questions ahead of time can put both generations on a path to success and continued family harmony. Isn’t that what we all want? ............................... Show Resources: For more information about farm business management, check out these links: https://ag.purdue.edu/commercialag/home/resource/2020/10/financial-management/ https://ag.purdue.edu/commercialag/home/resource/2020/08/is-it-feasible-for-my-farm-to-add-an-operator-or-hired-employee/ https://ag.purdue.edu/commercialag/Pages/Resources/Management-Strategy/Business-Planning/Should-Sweat-Equity-be-Used-to-Compensate-a-Returning-Family-Member.aspx ............................... Don't forget to sign up as an Impact Farming Insider so that you are first to know about all-new episodes, fantastic contests, and new promotions https://www.farmmarketer.com/impact_farming_show/sign-up …………………………. Thank You to our Show Sponsor: Smart Nutrition™ Boost your soil’s performance with new Smart Nutrition MAP+MST. Learn More ………………………….
In this week's episode, we speak to Michael Langemeier, about “The 8 Biggest Farm Financial Mistakes” that he sees farmers making. Michael is Associate Director for the Center for Commercial Agriculture and a Professor for the Department of Agricultural Economics at Purdue University. We are thrilled to have Michael joining us to share some amazing insights and ideas with our audience here on The Impact Farming Show. Tracy and Michael chat about the biggest farm financial mistakes that farmers make. They cover everything from financial performance, the importance of cash, the difference between mitigating tax and optimizing profit, risk and return considerations when making decisions, important things to consider when making capital purchases, and much more. Are you looking to hone your farm business acumen? If so, you will not want to miss this episode.
Great zoom talk with Loral Langemeier who is a successful Financial Strategist and known as the Millionaire Maker. Loral Langemeier (born Loral L. Langemeier; June 24, 1965) is an American writer on finance. She has written books which have appeared on The New York Times Best Seller list. She has appeared on The Dr. Phil Show and other media outlets.
http://EliteOnlinePublishing.com Millionaire Maker Loral Langemeier - How to Build a Cash Machine. Loral Langemeier on the Elite Expert Insider Podcast. Interviewed by Melanie Johnson and Jenn Foster, Loral is the owner of Live Out Loud Corporation. Loral grew Live Out Loud into a multi-million company in only five years. A highly sought-after money management expert, she has appeared in USA Today, The Wall Street Journal and The New York Times, on television at CNN, CNBC and Fox News Channel, and on the web at ABCNews.com, Forbes.com, and BusinessWeek.com. She has appeared as a money expert on The View helping teens grow their fledgling businesses and Dr. Phil, advising families in financial crisis about making more money. Her popular website, www.liveoutloud.com, receives nearly 8,000 hits a day. Her company, Live Out Loud, was named as one of the 15th Fastest Growing Women-Owned Businesses in 2007 in the San Francisco Bay Area by the San Francisco Business Times and has since ranked every year. Her stage appearances continue to broaden to encompass international stages, including Tony Robbins Wealth Mastery Stage, Chris Howard Stages in the United States, Australia and England; appearances on stages with Mark Victor Hansen, Harv Eker, Todd Dotson, John Rutledge, Brian Tracy and many other notable speakers; a National Keynote on eWomen Network’s stage; Tupperware’s Leadership Convention keynote speaker; Speaker at Sisel International Conventions all in addition to her Live Out Loud events, including Cash Machine Workshops. Her fifth book, “Yes! Energy: The Equation To Do Less Make More“, skyrocketed to number one on Barnes and Noble and Amazon bestseller lists and debuted at number four on the New York Times and number nine on the Wall Street Journal bestseller lists. Yes! Energy was number 51 on USA Today’s list of the bestselling books in the country the same week it was released. However, the book is just the beginning of something much greater – a new movement, the Yes! Energy Movement, in which we can now become fully engaged in a new conversation. A conversation in which “Yes!” is the only answer required for success. In the words of Langemeier herself, “Say yes and then figure out how.”
On today’s episode of the Journeywomen podcast I’m interviewing Hayden Langemeier. Hayden is in a senior at the University of Arkansas studying communication with a minor in recreation and sports management. She is passionate about challenging culture that is second nature with the goal of producing a more authentic, selfless and submitted generation of believers. Hayden comes from an incredible family—some of you may have heard her mom as she shared about forgiveness on episode 01 of the Journeywomen podcast—so I asked Hayden to chat with us about family dynamics and her relationship with her parents and siblings. The goal of building and maintaining healthy relationships with our families is to point people to Jesus by the way we love one another. I know some of you have broken families and some of you have experienced really unhealthy family dynamics. That’s exactly why I asked Hayden to share her experience with us today. While most of what we discuss is method based, it’s an invaluable opportunity for us to catch a glimpse into what it looks like to grow up in a home with the aim of glorifying God together. I hope you’ll walk away encouraged to build relationships with your close people, whether they’re your biological family, adopted family, or your sisters and brothers in Christ. I wasn’t expecting a conversation on family dynamics to disciple me in the ways of human communication but it did! I loved Hayden’s encouragement to be diligent in the little things, especially in our interactions with our close people. If you’d like to connect with Hayden you can find her information in the show notes at the link below. On next week’s episode we’ll be chatting about the most important topic of all: the Gospel! You don’t want to miss it, so be sure to subscribe to the Journeywomen podcast on iTunes and while you’re there leave us a review! Survey: http://survey.libsyn.com/journeywomenpodcast Show Notes: https://hunterbeless.com/show-notes/
The Outer Limits of Inner Truth would love to see you immersed in wealth & financial abundance and we're proud to present a discussion with Loral Langemeier. Loral Langemeier is a money expert, sought after speaker, entrepreneurial thought leader, and best-selling author of five books who is on a relentless mission to change the conversation about money and empower people around the world to become millionaires. The CEO and Founder of Live Out Loud, Inc. – a multinational organization — Loral shares her best advice without hesitation or apology. What sets her apart from other wealth experts is her innate ability to hone in on the skills and talents of everyday people to inspire them to generate wealth. She has created, nurtured, and perfected a 3-5 year strategy to make millions for the “Average Jill and Joe.” To date, the company has served thousands of individuals worldwide and created hundreds of millionaires through wealth building education keynotes, workshops, products, events, programs, and coaching services. Loral's straight talk electrifies audiences and inspires powerful action from live stages and television programs ranging from CNN, CNBC, The Street TV, Fox News Channel, Fox Business Channel-America's Nightly Scoreboard, The Dr. Phil Show and The View. She is a regular guest-host on The Circle in Australia and has been featured in articles in USA Today, The Wall Street Journal, The New York Times, Forbes Magazine and was the breakout star in the film The Secret.
Stepping out of your comfort zone is what enables us to learn, grow and become even better human beings than we already are. One of the most uncomfortable decisions I have ever made was to sign on as a student of John Di Lemme. I had never invested that much money in myself before in my life!! However as I look back I realize that it was also the most profitable decision I have ever made, in more ways than one. Today's teleclass is about how to make those uncomfortable decisions and why they are good for us. I have met some amazing people at different DiLemme events, including the great George Kahara as seen in this picture.
Believe it or not my niece and nephew were teaching me how to ride this little scooter. I actually did not fall flat on my face and I eventually was a "winner" on the scooter. Failing Forward!! How do you handle the challenges in your life? Are you a winner. Carla explains 4 ways she changed her own behavior from a quitter to a winner.
Very recently I realized I was allowing others to waste my time. I know how valuable time is; a commodity we cannot replace. I found I was so tired of allowing others to waste my time that I finally decided to do something about it. We have just returned from an event with Live Out Loud and Loral Langemeier, this is how we have chosen to spend the new time we have created!
Get the life-changing steps she is talking about in this clip… Yes, I want to hear more about simply life changing solutions!
Loral Langemeier, The Millionaire Maker™ herself inspired us to think outside the box that we see in the news. She says instead of having a negative conversation about the "impending" recession, talk about you can better capitalize on your business. How can we do this? She says its simply finding those successful millionaires to have a conversation with and learn from their success! To get the full unedited version audio Click Here! To get the full edited version audio and DVD Click Here!