A sample of Kansas farms was used to examine the impact of risk and specialization on mean financial performance. Mean financial performance was hypothesized to be influenced by risk, age of the operator, percentage of acres owned, financial efficiency, leverage, specialization, and farm size....

This paper examines the relationship between overall efficiency and years of farm experience for a sample of Kansas farms. In addition to years of experience, overall efficiency is significantly related to farm size, percent of time devoted to farming, and percent acres owned.

This study evaluates the economic competitiveness of a sample of Kansas farrow-to-finish operations by estimating relative firm efficiency using nonparametric mathematical programming techniques. Measures of technical, allocative, scale, economic, and overall efficiency are then related to farm...

The terms of grazing lease contracts potentially influence a tenant's incentive to preserve the vegetation resource. Annual stocking rate decisions dictate the degree of overgrazing, which can be cumulative over long periods of time. The objective of this study was to identify the impact the...

This study evaluates the Adjusted Gross Revenue-Lite (AGR-Lite) whole-farm adjusted gross revenue insurance program on net farm income risk using panel data from 49 southeast Kansas beef farms. On average for the group, but not each individual farm, AGR-Lite reduces the mean and standard...

The purpose of this paper is to examine the financial performance of a sample of crop/beef cow farms using the operating profit margin ratio and farm growth as relevant measures. Farms were divided into four performance categories: low profit/low growth; low profit/high growth; high profit/low...

Purpose – Understanding complex farming organizations is important in the USA given the rapid consolidation of the agricultural production sector. Multiple entity farms arise from a desire to enhance the ability to transfer the farm from one generation to the next, a desire to affect tax...

This paper examines the impact of specialization on the cost efficiency of a sample of crop and beef farms in Kansas. The economic total expense ratio was used to measure cost efficiency. The relationship between the economic total expense ratio and specialization was not significant.

This paper computes Malmquist agricultural productivity indexes for 125 countries over the period 1961-2001. These are decomposed into efficiency change (i.e., pure technical efficiency and scale efficiency changes) and technical change (i.e., input bias and magnitude components). Results show...