The paper investigates the determinants of cropland value in 12 selected Midwestern U.S.A. States in the years 1971- 2009. We adopt the Ricardian Present Value Model (PVM) as the theoretical framework, and therefore focus on the relationship between land value and cash rents, expecting to find a...

We review the constant discount rate present value model of farmland prices using non-stationary panel data analysis. We use panel unit root and cointegration analysis to test if the present value model holds for a sample of 31 U.S. States covering the period 1960-2000. Preliminary results...

Farmland values have recently increased dramatically in the Midwest, attracting investors from outside of agriculture and causing many inside agriculture to question whether a speculative bubble has formed. This article addresses that question by presenting an economic by presenting an economic...

This bulletin furnishes farm sector financial ratio estimates developed by the U.S. Department of Agriculture's Economic Research Service. These estimates incorporate numerous revisions in estimating procedures and changes in available data. Nationaland State-level estimates of liquidity,...

This report furnishes the latest farm sector balance sheet estimates developed by the U.S. Department of Agriculture's Economic Research Service. These estimates incorporate numerous revisions in estimating procedures and changes in available data. National estimates of assets, debt, and equity,...