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A simulation is used to examine the impact of government farm program and crop revenue coverage insurance on the probability distribution of returns to land. When combined, marketing loan program payments, agricultural market transition act payments, and market loss assistance payments...
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Past research on agricultural loan pricing is not extensive and has been hampered by a lack of suitable data. The Farm Service Agency (FSA) has guaranteed approximately 5 percent of farm debt of the Farm Credit System (FCS) and banks, the primary lenders to agriculture. As a requirement of the...
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This paper presents a detailed summary analysis of commercial bank, Farm Credit System (FCS), and other commercial lenders use of Farm Service Agency (FSA) guaranteed loan program over the time period fiscal 1993-2003. Key aspects of the guaranteed program are examined including the usage level...
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