Download or read book Essays on Leasing Kansas Agricultural Land written by Chelsea Jewel Arnold and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly half of all the farmland in the United States is farmed by a producer that does not own the land. This is especially true in midwestern states such as Kansas. Leasing, versus owning, farmland requires producers to have significantly less capital upfront, thereby reducing overall financial risk exposure. When deciding to lease, or who to lease to/from, both landowners and tenants face several decisions in contract specifics that benefit both parties. Contract choice in farmland leasing includes many factors outside of simply which contract is preferred as each contract choice brings its own set of costs and benefits for both the landowner and tenant. In Essay 1 of this dissertation, the role of risk in contract choice is studied. A unique dataset of landowners and tenants in Kansas is used to examine the role of risk in their contract choices. Results indicate that greater production risk and more risk-averse landowners lead to use of fixed cash rent contracts. As there can be potentially many relationship variables that affect contract choices, a penalized regression is used to examine whether the inclusion of relationship variables affect the finding and find that the results are robust. Understanding the role of risk in farmland contract choices is important to assess the welfare consequences of farm policies or environmental changes that affect production risk. When deciding who to lease their land to, landowners can face several choices in tenants with a wide variety of attributes such as experience level, age, and relationship to the landowner. Experience level, or years of farming experience, is an important factor that landowners utilize in determining who to lease to and at what rate. This can leave young producers, who typically have lower experience levels, at a greater disadvantage when trying to find access to farmland. Using a dataset built from responses of surveys sent to landowners across the state of Kansas, Essay 2 focuses on landowners' willingness-to-lease to young producers under different condition. A discrete choice model is used to find Kansas landowners' willingness-to-lease to tenants at three different experience levels and three different relationship levels with the landowner. Empirical results indicate that a young producer with no experience is less preferred than a tenant with more years of experience and may, therefore, need to offer the landowner a higher cash leasing amount before the landowner is willing to lease to them. For young producers with higher experience levels, landowners will accept a marginally discounted rate when compared to not leasing to anyone at all. Relationships such as family/friend and acquaintances between landowners and young producers are also given a discounted leasing rate when compared to the landowner leasing to a stranger. This study not only fills a literature gap of landowner-young producer relationships and willingness-to-pay, but it also lays the foundation for policies to be implemented. Young producers with no experience are at the greatest disadvantage with low access to capital and heavily reliant on access to leased farmland, yet Kansas landowners require a higher leasing rate to rent to young producers. The results of this essay are key in policy implications, but also in educating landowners that their stated belief and attitudes towards young producers do not hold when faced with a monetary-based decision. This dissertation is comprised of two unique studies that focus on farmland leasing in Kansas and the relationships and factors that can affect them. Both studies present results that benefit Kansas landowners and producers by offering insight and education about how leasing contracts and arrangements can be made that benefit both landowner and producer.

Download or read book Farm Leases in Kansas written by Waldo Ernest Grimes and published by . This book was released on 1919 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Trends in Land Values in Kansas written by Merton L. Otto and published by . This book was released on 1969 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Farm Leasing Arrangements in Kansas written by Wilfred H. Pine and published by . This book was released on 1955 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Land Lease Markets Productivity Biodiversity and Environmental Variability written by Mintewab Bezabih and published by Goteborg University. This book was released on 2007 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Trends in Land Values in Kansas written by Wilfred H. Pine and published by . This book was released on 1974 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Crop share Leasing Arrangements for Irrigated Land in Kansas written by Ryan B. Garrett and published by . This book was released on 2004 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Our Land Our Lives written by John Schlageck and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Those who farm and ranch, or dream of doing so, must have a willingness to see this vocation not as it is, but rather as it will be. For them, farming and ranching is more than a vocation or a career -- it's a way of life. Those who live and work on farms and ranches love the land and their animals. Kansans, especially those who live in rural areas, seem to be born with an undying faith that continues to be nurtured by the land, sky and the elements that surround them. There is a strong feeling among these farmers and ranchers that they share a unique experience created by an unshakeable bond. They often face times of uncertainty and natural disasters that threaten not only crops and dwellings, but sometimes life itself. Despite these hardships, they've learned to use each year as a stepping stone for the next year -- a year they hope will be better than the one that preceded. With each passing day, week, month and year, farm and ranch life changes. It's the nature of thins. Through it all, technology continues to drive agriculture. Used to be farmers sowed wheat in the ground, watched it grow for nine months and if the weather cooperated, harvested a crop. Caring for cattle used to be much the same way. Stockmen introduced new blood into the herd from time to time by turning new bulls out with the momma cows and watched 'em grow. But times are changing. Today's farmer and rancher runs hard to keep up with technology. From sun up to sun down --moving all the time. They've traded their ledger books for computers and some of their longtime nemeses such as predators, rustlers and storms have been substituted by the Environmental Protection Agency and other government regulations. This book of essays and photographs is dedicated to Kansas farm and ranch families. It illustrates and reflects all the vigor, gusto and spirit in which they live and work. God bless them

Download or read book Trends in Land Values in Kansas written by Kansas Agricultural Experiment Station and published by . This book was released on 1960 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Rent from the Land written by Johannes Stahl and published by Anthem Press. This book was released on 2012 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Rent from the Land' examines the effects of the massive political and economic changes of postsocialism on rural society and environment in Albania. Stahl argues that the area's postsocialist transformations led to changes in the creation and distribution of resource rent, which shifted land users' incentives and productive decision-making and ultimately led to environmental change. ‘Rent from the Land’ brings together five years of research on Albanian transformation, and breaks new ground by discussing postsocialist transformation from a political ecology perspective.

Download or read book The Relationship Between Net Farm Income Cash Rents and Land Values in Kansas written by Heather N. Gibson and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Land value research has been conducted over many decades with efforts being focused on a broad spectrum of topics encompassing many different issues. The research in this thesis will focus on understanding the relationship between net farm income, cash rent, and land value. This research could provide insight and direction in determining future land value behavior. Understanding land prices is important to many different segments of the agricultural industry. Those involved in the industry want to know where land values are going and what the future looks like. Although certain segments may not be directly affected by land value movements, if value decreases the environment of the agriculture industry is changed. Farmers and ranchers are interested in future land values as they make purchase and sale decisions or as they consider future growth of their operation. Agribusinesses understand the affect a decrease in land value would do to farmer's decisions regarding capital purchases. Additionally, agriculture finance institutions are interested in the future movement of land value as they are concerned about the affects adverse movements in land value would have on their customer's balance sheet and ultimately their collateral position. In this paper the relationship between land value and cash rent; where land value is a function of historical cash rent and cash rent is a function of net returns to the land will be tested for its' existence in Kansas. Data were collected for the nine crop reporting districts in Kansas from 1973 through 2012.

Download or read book Introduction to Agricultural Economics written by Lewis Cecil Gray and published by . This book was released on 1924 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Suggested readings" at end of each chapter.

Download or read book Agricultural Economics Bibliography written by United States. Bureau of Agricultural Economics. Library and published by . This book was released on 1936 with total page 1034 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Works of Jack London Novels Short Stories Poems Plays Memoirs Essays written by Jack London and published by DigiCat. This book was released on 2023-12-22 with total page 4763 pages. Available in PDF, EPUB and Kindle. Book excerpt: This carefully edited collection has been designed and formatted to the highest digital standards and adjusted for readability on all devices. Jack London (1876-1916) was an American novelist, journalist, and social activist. His amazing life experience also includes being an oyster pirate, railroad hobo, gold prospector, sailor, war correspondent and much more. He wrote adventure novels & sea tales, stories of the Gold Rush, tales of the South Pacific and the San Francisco Bay area - most of which were based on or inspired by his own life experiences. Content: The Cruise of the Dazzler A Daughter of the Snows The Call of the Wild The Kempton-Wace Letters The Sea-Wolf The Game White Fang Before Adam The Iron Heel Martin Eden Burning Daylight Adventure The Scarlet Plague A Son of the Sun The Abysmal Brute The Valley of the Moon The Mutiny of the Elsinore The Star Rover The Little Lady of the Big House Jerry of the Islands Michael, Brother of Jerry Hearts of Three Son of the Wolf The God of His Fathers Children of the Frost The Faith of Men Tales of the Fish Patrol Moon-Face Love of Life Lost Face South Sea Tales When God Laughs The House of Pride & Other Tales of Hawaii Smoke Bellew The Night Born The Strength of the Strong The Turtles of Tasman The Human Drift The Red One On the Makaloa Mat Dutch Courage Uncollected Stories The Road The Cruise of the Snark John Barleycorn The People of the Abyss Theft Daughters of the Rich The Acorn-Planter A Wicked Woman The Birth Mark The First Poet Scorn of Woman Revolution and Other Essays The War of the Classes What Socialism Is What Communities Lose by the Competitive System Through The Rapids on the Way to the Klondike From Dawson to the Sea Our Adventures in Tampico With Funston's Men The Joy of Small Boat Sailing Husky, Wolf Dog of the North The Impossibility of War...

Download or read book Agricultural Economics Bibliography written by and published by . This book was released on 1936 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Climate Change Interactions with Agricultural Land and Water Use written by Oladipo Stephen Obembe and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Agriculture and climate change are closely connected as climate change impacts agriculture through crop yield loss, reduction in area harvested and increase in irrigation water use. Agriculture plays both roles in the emission and sequestration of greenhouse gases. This dissertation is divided into two main parts. The first part has two essays that examine the impacts of climate change on winter wheat production and irrigation water use. The second part examines the cost-effectiveness of using lands under the Conservation Reserve Program (CRP) to sequester carbon through tree planting program. This dissertation contributes to the literature by showing how crop yield variability is not the same as production variability. The total impact of climate change is underestimated if climate change impact on yield alone is used. Another contribution to the literature is the modeling of crop abandonment in relation to climate change using correlated random effects fractional probit model. My work also illustrates how irrigation water use will change and how this change will impact the level of water in the aquifer by mid-century. In my first essay, I examine the impact of climate change on winter wheat production in Kansas. I decompose the total impact of weather variables on wheat production in Kansas through crop abandonment and yield. Using yield impacts alone to measure the climate change impact on production underestimates the total impact of climate change on production. I use the correlated random effects fractional probit model to estimate crop abandonment and account for unobserved heterogeneity between time-invariant variables and yield. The result projects a 16.3% decrease in winter wheat production by mid-century under the Representative Concentration Pathway (RCP) 4.5. I find that 86.72% of the projected decrease in production is due to the reduction in yield while crop abandonment is projected to decrease production by 13.17%. Yield is projected to decrease by 14.12% while crop abandonment is expected to increase by 18% by mid-century. Majority of damages from climate change are explained by an increase in temperature. In the second essay, I examine the impact of climate change on groundwater extraction for corn production in Kansas. Using a 24-year panel data of irrigation water use, weather and soil data, I estimate the impact of weather variability on irrigation water use for corn. I include the field-level fixed effects and a quadratic time trend to control for time invariant- variables and technological progress over time. I provide new evidence that shows farmers are less responsive to changing irrigation water use than an irrigation schedule would predict due to changes in weather. The result indicates 9% and 12% increase in irrigation water use by mid-century under RCP 4.5 and 8.5 respectively. The number of water rights that exceed their authorized water quantity will increase by 18.1% on average across different climate models under RCP 4.5. The effect of an increase in irrigation water use on the water level in the aquifer is spatial different. In Southwest Kansas, the historical rate of depletion is 2.05ft/year and by mid-century, the rate of depletion is projected to increase to 2.43 ft/year. In South Central Kansas, historical depletion is around 0.19 ft/year and the rate of depletion is predicted to increase to 1 ft/year by mid-century. In the third essay, I analyze the cost-effectiveness of carbon sequestration through the afforestation of the Conservation Reserve Program (CRP). I use the correlated random effects probit model (CRE) to estimate the impact of an increase in the Conservation Reserve Program (CRP) payments on land use change. The CRE model allows me to control for unobserved heterogeneity and exploit variation in returns to land over time. Estimation without control for unobserved heterogeneity produces biased estimates with coefficients with the wrong sign. My estimates are used to simulate land use change, carbon sequestered and the marginal cost of carbon at different levels of CRP rent (i.e., the supply curve for carbon sequestration). At the average CRP rent rate of $71.21, 118,046 acres is gained by CRP and 2.1 million tons of carbon is sequestered per year at a marginal cost of $24.6. Increasing the average rent by 30% will add additional 159,736 acres and 0.24 million tons of carbon per year.

Download or read book Journal of Agricultural and Applied Economics written by and published by . This book was released on 1998 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: