Rabobankâs offer to purchase Farm Credit Services of America (FCSA) for $600 million was a surprise because few people ever envisioned 1) fragmentation of the Farm Credit System and/or 2) a foreign lender gaining large market share of U.S. agricultural financial markets. Although FCSA has...

Empirical analysis of rural credit market failure has been of key scientific and political interest in recent years. The aim of this paper is to give an overview of various methods for measuring credit rationing of farms employed in the literature. Furthermore, based on a common analytical...

The lack of collateral prevents small-scale farm producers and processors from accessing commercial credit. Th is negatively affects farm productivity and product quality, limits the export potential of products, and prevents further development of the food supply chain. This paper reviews the...

The principal achievement of this paper is to introduce the operation of a specified ‘Futures’ model and it’s practice for decision-makers of financial institutes through an example based on the price data’s of grain futures market from EU assessment 2004 to these days in Hungary. Based...

The allocation of variable inputs among crops is a common problem in applied studies that use farm accountancy data. Standard farm accounting information is typically restricted to aggregate or whole-farm input expenditures; there are usually no details on how these expenditures are split among...

Direct marketing strategies increasingly have been recognized as a viable business option in U.S. agriculture as they allow producers to receive a better price by selling products directly to consumers. The objective of this study is twofold. Using a national survey, we first estimated a...

This paper develops and applies a methodology to assess the accuracy of historical loss-cost rating procedures, similar to those used by the U.S. Department of Agriculture’s Risk Management Agency (RMA), versus alternative parametric premium estimation methods. It finds that the accuracy...

Data from the 2006 Agricultural Resource Management Survey and multivariate regression procedures are used to examine the role of human capital in impacting the incomes of farm households. The paper uses an “adjusted†concept of income where government payments are subtracted from...

According to both international and Hungarian accounting standards milk quota shall be capitalised among the assets of the enterprises. It is necessary for the implementation of the activity; its value can be defined based on market processes and regulations of the authorities. Due to the...

This study tests the null hypothesis that it is sufficient to interview only the household head to obtain accurate information on household income. Results show that using a husband’s estimate of his wife’s income does not produce statistically reliable results for poverty analysis....