From a practical stand point, the precision and robustness of forecasting agricultural land values are evaluated in two out-of-sample time periods. Empirical application to five Midwestern states in the U.S. indicates the annually updated model performed well.

What is your view of the appraisal concept we call "value" and/or "market value?" Do you view this concept as a real thing that can be discovered in the marketplace? In other words, is this concept an objective reality that one can estimate or derive with relative certainty from real data and...

This article utilizes a farmer survey to analyze the relationships between farm business structure and the importance farmers place on risk management practices. The strongest relationships occur between farm size and risk management, while rating differences across age of operator, tenure, and...

Considerable public attention has recently focused on agrosecurity, especially from the perspective of national security and aggregate production. This article reviews a series of biosecurity breaches stemming from criminal activity affecting a Minnesota dairy. Present and future economic losses...

Carbon sequestration on agricultural lands might become an important instrument of the U.S. policy for reduction of atmospheric carbon, which is believed to be a major contributing factor to recent climatic change, Herein, we examine the near term income enhancing prospects of carbon...

Facing expanding foreign competition and increasingly more stringent labor and environmental laws, today's vegetable producer faces a challenging business environment. One way in which vegetable producers have attempted to stay competitive in through the adoption of new technologies. This paper...

Crop marketing, and specifically the efficiency of markets, is a topic of much interest and debate in the agricultural industry. This case study examines the effectiveness of a marketing advisory service (MAS) in pricing hard red winter wheat in Kansas. The post-harvest recommendations of this...

The objective of this study was to determine production costs for both conventional tillage and no-till for continuous monoculture wheat production in the southern Great Plains. The reduction in the price of glyphosate after the original patent expired has improved the relative economics of...

Actual live hog sales data from the Swine Center at Southern Illinois University at Carbondale are used to examine marketing practices and develop a forecasting and budgeting tool. The data show that carcassbased hog sales receive a price premium of $4.35 per live hundredweight. Likewise, hogs...