The relative importance of income earning potential versus consumptive values in setting ranchland prices is examined using a truncated hedonic model. The market value of New Mexico ranches is related to annual income earning potential and other ranch characteristics including ranch size,...

Participation in the Conservation Reserve Program (CRP) is associated with a number of farm and operator characteristics. But casual observation suggests that socioeconomic status is also correlated with program enrollment outcomes. This study examines the relationship between county-level...

Beginning, limited-resource, and socially disadvantaged farmers make up as much as 40 percent of all U.S. farms. Some Federal conservation programs contain provisions that encourage participation by such “targeted” farmers and the 2008 Farm Act furthered these efforts. This report compares...