Determining what to pay for cash rental rates is a big problem for most farmers. Typically, crop budgets are used for this decision. However, problems arise from this approach because the average revenue contained in the budget is often not the true marginal revenue. Farm size differences...

The four profitability measures recommended by the Farm Financial Standards Task Force have limitations for examining wealth creation. Non-farm corporations, by contrast, have started to use Economic Value Added (EVA) to measure wealth creation. EVA has some advantages over other financial...