The performance of over 500 North Dakota farms, 2002-2011, is summarized using 16 financial measures. Farms are categorized by geographic region, farm type, farm size, gross cash sales, farm tenure, net farm income, debt-to-asset, and age of farmer to analyze relationships between financial...

A generally accepted theory of firm behavior is incorporated into an abstract computerized simulation model capable of handling many different environments and organizations. This model provides a means of studying management problems using the simulation approach by providing, in most...

Historically research about diffusion has largely been focused on rates of adoption and explanations for them. This is a matter of secondary importance, arguably, to the question of the likely total level of adoption. In the case of agricultural innovations total adoption can be expected to be...

In 2001 a survey of five organic cereal-livestock farms was undertaken to assess the economics of organic broadacre farming in recent times. In the mid-1980s a similar study carried out in Eastern Australia found that organic farmers were doing as well as their conventionally farming...

A stochastic simulation model is used to simulate crop revenues net of farm policy and crop insurance costs. Certainty equivalent analysis is used to rank farm policy and crop insurance alternatives for varying levels of risk aversion.

The IFAMR is published quarterly by the International Food and Agribusiness Management Assocation. www.ifama.org

Soil quality has important implications for sustainable agricultural development and food self-sufficiency in many developing countries. A decrease in soil nutrient stocks, one of the components of soil quality, necessitates more inputs and greater management skills in order to compensate for...

The natural, technological, economic, political and social environment in which farmers farm constantly changes. History has lessons about change in agriculture and about farmers coping with change, though the future is unknowable and thus always surprising. The implication for farm operation is...

A review of 183 papers published between 1990 and 2006 led to development of a typology of farm management decision-making (FMDM) research. An existing model which categorises decision research according to purpose as being either Analytical (descriptive), Normative, or Prescriptive was blended...

A stochastic simulation model is used to determine crop insurance premiums and farm program payments for a Illinois corn-soybean and Mississippi corn-soybean-rice-cotton farm. The optimal portfolio of crop insurance and farm programs are determined subject to payment limitations and crop...