A simulation model representing a north central U.S. corn and soybean farm was used to estimate the degree of financial risk borne by the tenant and the landlord under 10 different types of flexible cash leases. Probability distributions for yields, prices, and production costs were...

Precision agricultural technologies, such as guidance systems and automatic section controllers, have given farmers the ability to more effectively apply crop inputs such as fertilizer, pesticides, and seed. More efficient use of inputs often can be translated into higher yields and/or lower...

This paper examines the relationship between three expense ratios: total expense ratio; adjusted total expense ratio; and economic total expense ratio; and discusses economies of size for a sample of Kansas farms. The total expense ratio and the adjusted total expense ratios, though commonly...

The years following the 2008 financial crisis have been marked by general economic malaise, yet the period has been relatively prosperous for the agricultural sector. As a result, many investors have recognized the potential for farmland as an investment alternative. This study compares...

Letter from the Editorial Committee Chair; 2012-13 Editorial Committee members

Large capital requirements needed for many agricultural businesses to operate result in many relying on borrowed funds. Fixed repayment commitments combined with a leveraged financial condition and volatile commodity prices result in increased emphasis on managing risks. Deterioration in the...

In the Northern Great Plains region, crop and livestock producers view forage crop production as an important component of their farm management system. During periods of increased drought risk, alternative annual forage crops may provide producers with a risk reducing alternative to traditional...

Cull cows are a revenue source that gets relatively little attention for cow-calf producers with respect to marketing strategy. This three-year study compares alternative marketing strategies with the traditional practice of marketing spring-calving cull cows in the fall immediately after...

Many agricultural producers purchased capital items the past few years and some used borrowed funds to finance the purchase. The principal payments on those term loans are paid from net farm income. This paper discusses the sensitivity of farm loan repayment capacity to changes in the gross...

The Purdue Farm Financial Analysis Spreadsheet originally introduced in 1998 has been updated to include the additional financial measures recommended by the Farm Financial Standards Council; EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), working capital to gross...