The majority of farm households in OECD countries earn more off-farm income than farm income, even including government payments. While this is a well recognized fact its implications for risk management have not been well recognized. Current efforts to reform farm support have focused on the...

This is a new version of a series of color slides on social capital as presented at a conference on rural development presented in Tampa, Florida in 2004, and sponsored by the Southern Rural Development Center.

Farmland values have increased rapidly over the last decade in response to high incomes for crop farmers and inordinately low interest rates. Farmers have responded to these conditions by bidding up the price of good cropland. In addition, the long period of increasing land values, since the...

The farm problem is a longstanding topic in agricultural economics, and farm organizations continue to press claims that they are disadvantaged and deserve public support. While society may choose to support farmers it is clear that existing farm programs to not do an effective job of providing...

Aggregate farm income is the standard measure of farm household economic well-being. In Canada farm groups have used a multi-year decline in one measure of farm income - realized net income, to press for increased financial transfers. In the first part of the paper income data is reviewed to...