In this study, we attempt to prove some previously held ideas of machinery investment decisions using farm level data from Illinois. Investment decisions are analyzed taking into consideration past investment decisions in the county and on the individual farm. The results show there is a...

This paper examines the effect of diversification on farm value by comparing values of diversified farms to a portfolio of comparable specialized farms. Using data from the Agricultural Resource Management Study, this study finds a diversification discount in agriculture similar to the discount...

This study examines the business strategies employed by Illinois farms to maintain equity growth using quantile regression analysis. Using data from the Farm Business Farm Management system, this study finds that the effect of different business strategies on equity growth rates differs between...

This study examines the financial performance and stress experienced by beginning and retired farms in the U.S. Using USDA’s ARMS data, probit models are estimated to study the personal and farm characteristics that affect whether or not the financial ratios fall into critical zones. The...

This staff paper is an electronic version of a journal article, please cite as: Kuethe, T.H., B. Briggeman, N. Paulson, and A.L. Katchova (2014) “A Comparison of Data Collected through Farm Management Associations and the Agricultural Resource Management Survey.” Agricultural Finance Review...