In the past decade, hog production has increasingly become consolidated, with larger operations producing a greater volume of hog manure on smaller areas. With less cropland for spreading the manure, hog farmers may be compensating through more effective manure management. The authors use data...

Recent increases in farm real estate values in the U.S. have increased farm equity in the form of unrealized capital gains. Exploiting periods of high and low appreciation that caused different increases in wealth for farmers owning different shares of their farmland, we examine if U.S. grain...