Farm management skills can affect farm managers' performance. In this article, farm management performance is analyzed based on yearly Illinois Farm Business Farm Management (FBFM) panel data across 6,760 farms from 1996 through 2011. Two out-of-sample measures of skill are used to analyze the...

Sustainable agriculture is garnering renewed interest as more customers and retailers from both the U.S. and the world markets demand more sustainably sourced products and ingredients. Processed vegetables (canned and frozen) such as sweet corn and green beans face this same growing demand. To...

This study determines efficiency drivers, scale and technical efficiencies, and other economic performance measures for Southeastern U.S. meat goat farms. We estimate an input distance function (IDF) using stochastic production frontier (SPF) techniques. Empirical Monte Carlo (MC) simulation...

This research examines the robustness of four different estimation approaches to evaluate their ability to estimate a “true” cost frontier and associated economic measures. The manuscript evaluates three parametric methods including a two-sided error system, OLS with only positive errors,...

Faster agricultural development requires understanding whether the inverse land size-yield relationship exists or not. To verify the presence of this relationship, this study decomposes a yield index into separate components attributable to (1) efficiency, (2) soil quality, (3) land size, (4)...

Weather can play a significant role in a producer’s decision making process. However, the literature is void of research estimating the impact of weather patterns on days suitable for field work. The probability of having enough days available to do field work drives the machinery investment...