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One of the most fundamental and traditional risk management tools available to agricultural producers is a savings account. Cash reserves in savings provide a safety net for producers, allowing financial obligations and living expenses to be met when unexpected shortfalls in income occur. Crop...
Persistent link: https://www.econbiz.de/10008922453
In an effort to facilitate communication between agricultural producers and their local officials, the Texas AgriLife Extension Services' risk-management specialists and county agricultural agents developed region-specific model farms through the FARM assistance program. Financial and Risk...
Persistent link: https://www.econbiz.de/10010881507
Higher commodity price expectations have led to increases in cash lease rates nationwide. This study evaluates the farm level impacts of higher cash lease rates. Current levels of cash rents along with land tenure arrangements of specific farms are instrumental in determining the impacts of...
Persistent link: https://www.econbiz.de/10005807539
The results of analyzing 74 representative crop, livestock, and dairy farms located in key production regions over the 1997-2002 time frame are presented in this paper. Fifty of the 74 farms monitored appear to be financially sound. Ten of the 74 are showing signs of financial stress due to low...
Persistent link: https://www.econbiz.de/10005801798
The economic outlook for 72 representative feed grain, wheat, cotton, rice, beef cattle, hog and dairy farms in key production areas across the United States is projected for 1997-2002, using the November 1997 FAPRI/AFPC Baseline. The Baseline provides a seven year projection of crop and...
Persistent link: https://www.econbiz.de/10005469034
This paper examines the profit maximizing share arrangement for both landlords and tenants producing grain in the Texas High Plains (based on risk preference), and determines whether the results are affected by input costs and market prices. Results of the analyses show that tenants and...
Persistent link: https://www.econbiz.de/10004989129
The Administration has proposed revising the AGI means test for eligibility to farm program payments. The 2002 farm bill excludes producers from farm program payments (CCP, DP, and MLG/LDP) if their average adjusted gross income (AGI) for three preceding years exceeds $2.5 million and less than...
Persistent link: https://www.econbiz.de/10005806935
Persistent link: https://www.econbiz.de/10009203335
Persistent link: https://www.econbiz.de/10009203343
This study evaluates the farm level economic impacts of implementing a whole farm revenue insurance program in lieu of current government program payments on agricultural producers in major production areas of the United States. Realizing a multitude of viable options exist, this study...
Persistent link: https://www.econbiz.de/10008922614