Pro forma financial performance evaluation of agricultural producers is an important issue for lenders, internal management and policy makers. Lenders strive to improve their credit risk management. Internal management is interested in understanding the financial impacts of alternative strategic...

It is widely accepted that net farmincome reported on an accrual-adjustedincome statement is a moreappropriate profitability measurethan net farm income reported onSchedule F of the federal tax return,which is prepared using cash basisaccounting. However, a commonpractice among agricultural...

Using repeated cross section data, this study identifies how changes in income (defined over different ranges of income change) affect changes of farm household consumption. OLS regression confirms that the number of members within a farm household positively affects changes of consumption at...

The curvature properties of the indirect utility function imply a set of refutable implications in the form of comparative static results and symmetric relations for the competitive firm operating under uncertainty. These hypotheses, first derived and empirically tested under output price...

The curvature properties of the indirect utility function imply a set of refutable implications in the form of comparative static results and symmetric relations for the competitive firm operating under uncertainty. These hypotheses, first derived and empirically tested under output price...