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 paper explores the case for believing endogenous reforms to be more developmental than externally-imposed reforms, by drawing on the recent unorthodox experience of cotton sector reform in Burkina Faso. We address questions about reform emergence, feasibility, developmental impact, and...

This staff paper is an electronic version of a journal article, please cite as: Kuethe, T.H., B. Briggeman, N. Paulson, and A.L. Katchova (2014) “A Comparison of Data Collected through Farm Management Associations and the Agricultural Resource Management Survey.” Agricultural Finance Review...

Replaced with revised version of paper Jan. 11, 2012

The income inequality implications of land reform are examined for the case of Georgia using regression-based inequality decomposition techniques. An egalitarian land redistribution is likely to equalize per-capita income among farm households, implying that continuing the land reform process in...

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...

U.S. decoupled direct payments, paid to farm operators based on historic yields and base acreage under the 2002 Farm Bill, may alter a farmer’s access to credit or his ability to meet debt servicing obligations. Data from the U.S. Department of Agriculture (USDA) Agricultural Resource...