This poster examines the issue of whether debt and leasing are substitutes. Using 2012 Agricultural Resource Management Survey data, a tobit model is estimated to estimate the debt-to-lease displacement ratio. Leasing and debt were found to be substitutes and the ratio was found to vary among...

We study the determinants of somatic cell count (SCC) for fluid milk among U.S. dairies. We synthesize much of the work that has been done to model SCC economically in order to identify the potential impacts of buyer-imposed penalties and incentives within the supply chain. Additionally we...

Data from the 2006 Agricultural Resource Management Survey and multivariate regression procedures are used to examine the role of human capital in impacting the incomes of farm households. The paper uses an “adjusted†concept of income where government payments are subtracted from...

Recent survey data are examined to improve current understanding of the factors that help to determine the value of information reported on a website that serves as the centerpiece of the USDA’s “Soybean Rust Integrated Pest Management—Pest Information Platform for Extension...

This study presents and analyzes the mean financial characteristics of different types of crop and livestock farms in the U.S. in 2005. The eighteen farm types are: poultry, beef cattle, hogs, dairy, general livestock, general cash grain, wheat, corn, soybean, grain sorghum, rice, tobacco,...

Participation in government programs has a mild impact on the economic well-being of U.S. farm households. Major factors that determine farm household prosperity are the primary operator's education level and ethnicity, education level of the spouse, and other characteristics such as forward...