Wealth affects the economic well-being of the farm households by enabling farm households to secure credit, facilitate intergenerational transfer, and provide for smoothing consumption expenditures in times of income shortfall. This paper examines the factors that are likely to influence wealth...

This paper formulates an information measure for changes in asset values and applies the formulation to farmland values in the United States for 1960-99. The results indicate that changes in asset values contained significant information following the Russian wheat sale in the early 1970s and...