Download or read book Farm Financial Persistence and Characteristic Analysis written by Jayce Stabel and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Farmers and agricultural lenders often seek the ability to identify positive or negative characteristics to improve farm operations. Determining these characteristics has been the goal of many research studies. More often than not, a unique set of uncontrollable events was credited for contributing the majority of one farm's success relative to their peers. The goal of this study was to evaluate the assumption that farmers can control their financial persistence defined as remaining in their current financial category, based upon a farm's debt to asset ratio (D/A), and net farm income per acre (NFI acre−1). Financial categories give agricultural producers a concrete answer to the question of one farm's ability to maintain their financial persistence during market downturns and poor growing conditions and include Favorable, Marginal Income, Marginal Solvency, and Vulnerable. Farmers across the United States are subject to many uncontrollable variables (temperature, precipitation, market volatility, land value fluctuations, interest rates) leaving them vulnerable to agricultural market downturns, such as the one that began in 2014. Seasonal cash inflows and outflows of farms and their profitability create a difficult situation for farmers and agricultural lenders alike to predict the future. Identifying and estimating the likelihood of financial persistence has become an area of interest for farmers, their advisors, and their financial lenders. Currently, agricultural lenders rely on loan assessment techniques, such as net present values and loss-based methods. These techniques fail to account for the unique and often long-term investment nature of farming. If an additional method for identifying at-risk farms or at least understanding the likelihood of persistence in farms could be found, it would provide an insight into the riskiness of lending to a farm and provide agricultural lenders with an additional analysis tool. The dynamic nature of farm financials and the ever-changing variables of farming limit traditional statistical methods. Considering the difficulty associated with predicting farm default rates due to the complexity of the question, a secondary approach is possible. This study utilized an approach in determining farm financial persistence by estimating the Markov Chain probabilities of four financial categories ranging from Favorable, solvent with positive income to Vulnerable, an insolvent and negative income financial position. Kansas Farm Management Association (KFMA) data from 1993 to 2014 were used to estimate the probability of transitioning between financial categories. This thesis combines transition probabilities of Kanas farms and a multinomial logit model (MNL) to identify farm characteristics of significance. The matrix of probabilities generated, when interpreted, provide information about Kansas farms and their probability of financial persistence, and the MNL model allows for insights into favorable or un-favorable farm characteristics. Farms were found to transition easily between financial categories that had the same debt to asset ratio (D/A), but different net farm income per acre (NFI acre−1, positive or negative) indicating that farm income is more easily changed than farm D/A ratios. Farms in the Favorable category (D/A 0.4, + NFI acre−1) had the largest probability of financial persistence at 0.83, whereas Vulnerable farms (D/A 0.4, - NFI acre−1) were most likely to transition to the Marginal Solvency category (D/A> 0.4, + NFI acre−1) with a probability of transitioning of 0.55 versus the probability of remaining in the Vulnerable category of 0.33. It was also found that crop mixture and age were not statistically significant in the MNL model, but gross profit margin and a farm's percentage of owned land out of total crop acres were statistically significant in explaining why farms were in each category.
Download or read book Regional Characteristics of U S Farms and Farmers in the 1980 s written by Matthew G. Smith and published by . This book was released on 1988 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Population Persistence and Migration in Rural New York 1855 1860 written by David Paul Davenport and published by Routledge. This book was released on 2017-07-06 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title, first published in 1989, explores the population change in America during the 1800s by closely examining frontier settlement, urbanisation, and depopulation and emigration from rural areas of the north-eastern United States. Population Persistence and Migration in Rural New York, 1855-1860 will be of interest to students of history and human geography.
Download or read book Peasant Poverty and Persistence in the Twenty First Century written by Julio Boltvinik and published by Zed Books Ltd.. This book was released on 2016-08-15 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peasants are a majority of the world’s poor. Despite this, there has been little effort to bridge the fields of peasant and poverty studies. Peasant Poverty and Persistence in the Twenty-first Century provides a much-needed critical perspective linking three central questions: Why has peasantry, unlike other areas of non-capitalist production, persisted? Why are the vast majority of peasants poor? And how are these two questions related? Interweaving contributions from various disciplines, the book provides a range of responses, offering new theoretical, historical and policy perspectives on this peasant 'world drama'. Scholars from both South and North argue that, in order to find the policy paths required to overcome peasants’ misery, we need a seismic transformation in social thought, to which they make important contributions. They are convinced that we must build upon the peasant economy’s advantages over agricultural capitalism in meeting the challenges of feeding the growing world population while sustaining the environment. Structured to encourage debate among authors and mutual learning, Peasant Poverty and Persistence takes the reader on an intellectual journey toward understanding the peasantry.
Download or read book Structural and Financial Characteristics of US Farms written by David E. Banker and published by . This book was released on 2005-08 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive info. on family & non-family farms & important trends in farming, operator household income, farm performance, & contracting. Family farms & non-family farms vary widely in size & other characteristics, ranging from very small retirement & residential/lifestyle farms to estab. with sales in the millions of dollars. Most farms are family farms, or farm oper. organized as proprietorships, partnerships, or family corp. Average farm household income has been at or above the avg. for all U.S. households in recent years, with farm households receiving most of their income from off-farm sources. Over the past 40 years, the growth in contract-governed prod. has been slow & steady, & now covers well over 2/3 of the value of U.S. production. Illus.
Download or read book Persistent Poverty In Rural America written by Rural Sociological Society and published by Routledge. This book was released on 2019-05-28 with total page 367 pages. Available in PDF, EPUB and Kindle. Book excerpt: A team of anthropologists, economists, geographers, political scientists, social workers, and sociologists examine the leading explanations for why poverty persists in rural America. Their findings discredit established theories such as the culture of poverty and suggest new explanations for rural poverty and new directions for antipoverty programs
Download or read book Resources in Education written by and published by . This book was released on 2001 with total page 764 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The World Bank Research Program 2005 2007 written by and published by World Bank Publications. This book was released on 2008 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
Download or read book Agricultural Finance Outlook written by and published by . This book was released on 1978 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Environmental Effects of U S Department of Agriculture Conservation Programs written by and published by . This book was released on 2004 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Finance Outlook written by United States. Dept. of Agriculture. Economics, Statistics, and Cooperatives Service and published by . This book was released on 1978 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Policy Reform and Adjustment in the Agricultural Sectors of Developed Countries written by David Blandford and published by CABI. This book was released on 2006 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the policy implications of growing pressures for economic adjustment in the agricultural sectors of developed countries. The primary focus is on Europe and North America, but adjustment policies in other developed countries are discussed. Some chapters are based on an international workshop at Imperial College, London in October 2003 and an international symposium in Philadelphia in the spring of 2004.
Download or read book Advances in Soil Science written by and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Soil is formed from the physical and chemical weathering of rocks-processes described historically becau'se they involve eons of time-by glaciation and by wind and water transport of soil materials, which are later deposited in deltas and loessial planes. Soil undergoes further transformations over time and provides a habitat for biological life and a base for the development of civilizations. Soil is dynamic-always changing as a result of the forces of nature and particularly by the influences of man. Soil has been studied as long as history has been documented. Numerous references to soil are found in historical writings such as Aristotle (384-322 Be), Theophrastus (372-286 Be), Cato the E1der (234-149 Be), and Varro (116-27 Be). Some of the earliest historical references have to do with the erosional forces of wind and water. The study of soils today has taken on increased importance because a rapidly expanding population is placing demands never before experienced on the soil. This has led to an increase in land degradation. Land degradation is one of the most severe problems facing mankind. Volume 11 of Advances in Soil Science was devoted entirely to this critical area of soil science. This series, Advances in Soil Science, was established to provide a forum for leading scientists to analyze and summarize the available scientific information on a subject, assessing its importance and identifying additional research needs.
Download or read book Farm Level Microsimulation Modelling written by Cathal O'Donoghue and published by Springer. This book was released on 2017-12-28 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, which is the first to be published in the emerging field of farm-level microsimulation, highlights the different methodological components of microsimulation modelling: hypothetical, static, dynamic, behavioural, spatial and macro–micro. The author applies various microsimulation-based methodological tools to farms in a consistent manner and, supported by a set of Stata codes, undertakes analysis of a wide range of farming systems from OECD countries. To these case studies, O’Donoghue incorporates farming policies such as CAP income support payments, agri-environmental schemes, forestry planting incentives and biomass incentives – in doing so, he illuminates the merits of microsimulation in this environment.
Download or read book ARED News written by United States. Department of Agriculture. Economic Research Service. Agriculture and Rural Economy Division and published by . This book was released on 1990 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Comprehensive Dissertation Index written by and published by . This book was released on 1989 with total page 970 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Methods to Analyse Agricultural Commodity Price Volatility written by Isabelle Piot-Lepetit and published by Springer Science & Business Media. This book was released on 2011-06-10 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the issue of price volatility in agricultural commodities markets and how this phenomenon has evolved in recent years. The factors underlying the price spike of 2007-08 appear to be global and macroeconomic in nature, including the rapid growth in demand by developing countries, the international financial crisis, and exchange rate movements. Some of these factors are new, appearing as influences on price volatility only in the last decade. Although volatility has always been a feature of agricultural commodity markets, the evidence suggests that volatility has increased in certain commodity markets. A growing problem is that agricultural price shocks and volatility disrupt agricultural markets, economic incentives and incomes. With increased globalization and integration of financial and energy markets with agricultural commodity markets, the relationships between markets are expanding and becoming more complex. When a crisis such as a regional drought, food safety scare or a financial crisis hits a particular market, policy-makers often do not know the extent to which it will impact on other markets and affect producer, consumer and trader decisions. Including contributions from experts at the World Bank, the Food and Agriculture Organization of the United Nations, the USDA, and the European Commission, the research developed throughout the chapters of this book is based on current methodologies that can be used to analyze price volatility and provide directions for understanding this volatility and the development of new agricultural policies. The book highlights the challenges facing policy makers in dealing with the changing nature of agricultural commodities markets, and offers recommendations for anticipating price movements and managing their consequences. It will be a practical guide for both present and future policy-makers in deciding on potential price-stabilizing interventions, and will also serve as a useful resource for researchers and students in agricultural economics.
