A multi-factor capital asset pricing model is used to examine the return characteristics of physical assets comprising the farm asset portfolio. Physical assets analyzed are: 1) farm real estate; 2) machinery and motor vehicles; 3) crops stored on farm; and 4) livestock and poultry. Results for...

Our objective is to identify the determinants for success among USDA’s Value- Added Producer Grants (VAPG) program recipients. Business development has become an important program in departments of agricultural economics. Market share was found to be an important determinant of VAPG...

This study examines the factors that affect conservation practice choices of CRP farmers in Alabama. From over 9,000 contracts enrolled in the state between 1986 and 1995, 594 were randomly selected for the study. A multiple-regression analysis was employed to analyze the data. Results indicate...

This study examines factors that affect the participation behavior of limited resource farmers in agricultural cost-share programs in Alabama. The data were generated from a survey administered to a sample of limited resource farm operators. A binary logit model was employed to analyze the data....

Farm families often hold large quantities of wealth and, like any other family, assess their financial progress by reviewing their net worth (or wealth) position periodically. Wealth has an impact on many decisions such as production, retirement, and succession of the farm. Households, in...

This study examines the factors that influence the adoption intensity of a soil conservation technology in a developing country. Factors that influence adoption intensity may not be the same as those that influence the incidence of adoption. In this study, adoption intensity is defined as the...

The number of operating wineries in the United States has doubled during the past decade. Most of this growth has been due to a large number of entrepreneurial landowners developing their own small acreage vineyards and trying to branch into winemaking. However, wineries are capital-intensive...

There are many expenditure options available to farmers who received a tobacco buyout check. A multinomial probit model is used to analyze how farmer, business, and household characteristics influence the choice of expenditure option. Results of the study show that farmers tend to use the...