This article establishes the cost-efficiency frontier and its variation over time for a sample of 610 farms in Kansas for ten consecutive years, from 1995 to 2004. The primary objective consists of examining how financially constrained firms affect cost efficiency and its components, allocative,...

Cow-calf operations are important enterprises for family farmers in Appalachia and provide significant opportunity for supplemental income. This analysis constitutes a thorough economic assessment of pasture-raised beef production, an alternative to traditional production that could benefit the...

Capital budgeting decisions faced by tart cherry producers often challenge our traditional valuation techniques. Real Options Valuation (ROV) methods may be useful but assumptions of existing ROV approaches are restrictive and, in some cases, unrealistic. In this paper we assert that use of...

The objective of this study is to examine how factors such as government payments, soil productivity ratings, commodity selling price, corn and soybean production, and spatial attributes affect cash rental rates. Baseline estimates of the effects of government payments on cash rents are...

One of the common strategies in rural development programmes is to support the adoption of new on-farm activities. The rationale behind this is that farm diversification is a way to assure an appropriate level of income for the farmers. Through interviews with 49 relatively small farmers, the...

Although the family farm remains the dominant organisational form for farms there are changes in the legal mode of organisation. Applying the new institutional economics and economic organisation theory the different organisation modes are explained, mainly in terms of control and income rights....

Family farming has been in focus in Sweden as well as in all traditional European agricultural policy. However the concept appears in many different contexts, it can denote both a statistically defined size or institutional form of agricultural production, or an economically defined firm with...

Market pressure is forcing New Zealand greenhouse tomato growers to shift from conventional to more environmentally-friendly pest control methods such as IPM (Integrated Pest Management). Growers can access IPM manuals, but these tend to provide generalized advice, which they find difficult to...

The Woodrising farming business has developed from a grazing operation based on a relatively small soldier settlement block in Northern Tasmania. The expansion and diversification has entailed: Purchase of additional land. Leasing land for cropping, for short (seasonal) and long (3-5 year)...

The present paper aims to propose an analysis and relation methodology of financial perspective, the customer perspective, the internal process perspective and the learning and growth perspective, in the same way as treated for Balanced Scorecard (BSC). The innovation, in this sense, is the...