Regional purchase coefficients (RPCs) are often seen as the weakest link in input-output modeling systems such as IMPLAN. In IMPLAN the RPCs are estimated either by the supply-demand pool (SDP) method, which ignores cross-hauling, or by econometric methods, based on 1977 data. Yet, how much...

This report is a summary of the data contained on the farmland sales portion of the Minnesota Land Economics (MLE) web site (http://landeconomics.umn.edu ) as of February 28, 2025. It is formally reissued each year, as new sales data become available. The present document consists largely of...

The tables in this publication contain estimates of farm machinery operation costs for 1999. The estimates use an economic engineering approach. The data represent a representative farming industry cost for specified machines and operations.

North Central Farm Machinery Task Force is a group of extension economists who evaluated alternative methods for estimating farm machinery costs and made recommendations for the development of extension materials. This paper describes the procedures agreed upon, and explains the rationale for...

The North Central Farm Machinery Task Force is a group of extension economists who evaluated alternative methods for estimating farm machinery costs and made recommendations for the development of extension materials. This paper describes the procedures agreed upon, and explains the rationale...

Two cost and efficiency measures, crop expense per acre and feed and crop expense per hundredweight of milk, are compares on a cash and accrual basis. Records from 470 dairy farms were used for the comparison. Serious errors would be introduces by using the cash calculation on some farms.