Purpose: This study examines the relationship between economic fluctuations and financial distress in the US agricultural sector, which is associated with a large degree of financial instability. Design/methodology/approach: The authors developed a parsimonious model of economic fluctuations in...

Purpose Agricultural producers rely on debt capital to support many functions of their enterprise, yet private credit markets are frequently characterized by an imbalance between supply and demand. As a result, a number of public lending programs exist to mitigate the perceived market failures...

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...

Purpose – The purpose of this article is to offer an introduction of the Agricultural Resource Management Survey (ARMS) for applied research in agricultural finance and farm management. Design/methodology/approach – This article provides a brief overview of the history, design, use, and...