An increase in corn prices of the local area tend to occur when an ethanol plant begins operation. The objective of this research is to evaluate the impact of a corn processing ethanol plant on corn price levels. Results indicate that farmers in the nine-county area surrounding Macon, Missouri...

This article discusses asset bubbles, the Kansas and Illinois land markets, estimates land values, and develops a land price/earnings ratio. Current land sales data are also examined. Finally, we examine relationships between land values and interest rates, inflation rates, and cash rents....

Georgia vegetable farmers are pressed for time to make the transition to new fumigation methods as use of methyl bromide (MeBr) will be completely banned soon. This study focuses on alternative fumigation methods for Georgia's bell pepper production with production efficiency matching MeBr....

The recent financial crisis has renewed interest in alternative asset classes such as farmland. Previous work has shown that farmland may provide expected return premiums while adding little additional risk to a diversified portfolio. However, these studies have been based on relatively short...

Accurate information on land values is a consequential concern when prices are changing rapidly. This study compares USDA data and sales data from 1971-2011. While the land prices from these series move in similar patterns, there are periods of substantial differences. These periods show a...

It is widely accepted that net farm income reported on an accrual-adjusted income statement is a more appropriate profitability measure than net farm income reported on Schedule F of the federal tax return, which is prepared using cash basis accounting. However, a common practice among...

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,...

Anecdotal evidence suggests that agricultural land values are influenced by recreational demands, in particular hunting. This study estimated that the impact that hunting pressure, beef prices, and lagged land values had on county-level pasture values in North Dakota. Using panel data from...

With farm income at record, or near record levels, the overall agricultural production sector has fared well. However, in the current economic climate, instability and volatility in certain agricultural input markets caused by the U.S. macro-economy has put increased pressure on some sub-sectors...

This article reports the responses from a survey of 45 independent rural appraisers in 18 states and 1 Canadian province who have started their own independent business. All were members of the American Society of Farm Managers and Rural Appraisers in 2006 and held the ARA designation. When they...