Farm Agility, Resilience & Strategic Risk

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.