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In many areas throughout the United States, the market value of agricultural land exceeds its use value in agricultural production. This deviation is the result of many factors, including urban influence, recreation, mineral extraction, and other natural amenities. This study examines the...
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Since 2003, direct payments have accounted for a significant portion of farm program payments. If direct payments were eliminated, many agricultural producers would be affected, both through the loss of income and potential declines in land values and rental rates. This report considers the...
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Purpose – The paper considers how the Federal crop insurance program influences farm debt use, one of the key financial decisions made by farm operators.Design/Methodology/Approach – Using data from the nationally-representative Agricultural Resource Management Survey, the paper implements a...
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