Land prices in Western Kansas are analyzed using regression to estimate the influence of rainfall, sales method, and time of sale. The estimates from regression indicate that land prices decreased about $27 for each range that was farther west which can be converted to about $75 per inch of...

Farmers and other buyers and sellers of commodities use options in their marketing strategies. A cost of buying put and call options is the decay in option premium that occurs from the time an option position is established until the time the option position is closed out. This article finds...

Utilizing an input-output approach, this paper reports the local economic impacts from the expansion of an ethanol plant in Missouri. With the expansion ofthe U.S. ethanol industry in the form of both new and expandingplants both types of growth should be taken into account. This research...

This paper examines the preferred share arrangement for both landlords and tenants producing grain in the Texas High Plains (based on risk preference), and determines the sensitivity to changing input costs and market prices. Results of the analyses show that tenants and landlords prefer...

Foreign labor has become increasingly important component of U.S. agriculture. Disruption in the supply of agricultural labor has been argued to significantly affect agricultural production. This study analyzes the impacts of foreign labor shortages on the dairy industry using national survey...

Because of the extra risk, tenants who cash lease land should earn more money than those tenants with share leases. A competitive land market and the need to support bigger and newer machinery can easily lead tenants to pay more than they should for a cash lease. Share leases tend to avoid the...

Appraisers use puritan sales to estimate the ratio of prices for different types of land. However, puritan sales may be hard to find in areas where parcels contain upland, bottomland, meadow, pasture, irrigation, recreational land, and CRP. This paper uses regression to identify the value of...

An analysis of Canadian farmland risk and return on investment shows that a Farmland Mutual Fund (FMF) would have been a reasonably good investment over the past 15 years. Investors at the very low or very high end of risk spectrum would not include FMF in their portfolios, Financial gains from...

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...

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...