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A simulation model representing a north central U.S. corn and soybean farm was used to estimate the degree of financial risk borne by the tenant and the landlord under 10 different types of flexible cash leases. Probability distributions for yields, prices, and production costs were...
Persistent link: https://www.econbiz.de/10011142451
California farm managers and rural appraisers were surveyed in Fall 2009 to rank the importance of several skills pertaining to their profession. Additional questions included age, income, years of experience, professional designations and affiliations, and whether the Valuation Code of Conduct...
Persistent link: https://www.econbiz.de/10011142455
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Farmers are expanding their use of the internet, including e-commerce. Larger, younger, and better educated farmers are leading the charge. This article identifies factors that influence how likely particular markets are to form on the internet and identifies example internet and identifies...
Persistent link: https://www.econbiz.de/10011167397
Farm financial performance measures are evaluated for producers across five age groups. The debt-to-asset ratio is highest for farmers in the lessthan- 30 age group, 45.5 percent, and decreases across age groups. Repayment capacity is strongest for farmers in the less-than-30 age group, 2.1:1,...
Persistent link: https://www.econbiz.de/10011167399
Farmers must earn revenues that both cover costs and provide adequate returns. The goal of this research was to understand how diversified farmers measure their cost of production and determine prices. We conducted in-depth interviews of diversified Vermont farmers and used the constant...
Persistent link: https://www.econbiz.de/10011167408
Succession planning is a component of a household’s risk management strategy for its farm business in as much as it is aimed at continuity of the business' management team. The family farm sector relies heavily on intergenerational succession. Succession and retirement are inter-linked...
Persistent link: https://www.econbiz.de/10011167413
The Farm Service Agency’s (FSA) Farm Business Plan was used to compare the characteristics of beginning farmers receiving direct Farm Ownership (FO) loans in fiscal 2005 by the type of delivery mechanism. Regular FO loans were commonly used by small and intermediate size family farming...
Persistent link: https://www.econbiz.de/10011167418
This paper examined the relationship between overall inefficiency and farm characteristics such as farm size, years of farm experience, percent of time devoted to farming, educational level, record keeping system, percent acres owned, organizational structure, and farm type. Overall inefficiency...
Persistent link: https://www.econbiz.de/10011167425
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