Agricultural Finance Review: Volume 64 Issue 1

Credit score migration analysis of farm businesses: conditioning on business cycles and migration trends

Jill M. Phillips, Ani L. Katchova

This study examines credit score migration rates of farm businesses, testing whether migration probabilities differ across business cycles. Results suggest that agricultural…

Determinants of investments in non‐farm assets by farm households

Teresa Serra, Barry K. Goodwin, Allen M. Featherstone

Off‐farm investment decisions of farm households are analyzed. Farm‐level data for a sample of Kansas farms observed from 1994 through 2000 are utilized. A system of censored…

Rural small business finance: evidence from the 1998 survey of small business finances

Cole R. Gustafson

The 1998 Survey of Small Business Finances provides robust information on the financing of small businesses, including an overview of the firms’ organization, financial…

Risk management strategy evaluation for corn and soybean producers

James G. Pritchett, George F. Patrick, Kurt J. Collins, Ana Rios

Returns to a model farm are simulated to assess the impact of marketing and insurance risk management tools as measured by mean net returns and returns at 5% value‐at‐risk (VaR)…

Deciding when to replace an open beef cow

Gregory A. Ibendahl, John D. Anderson, Leslie H. Anderson

A cow that fails to conceive must either be kept for a year without revenue or replaced by a bred heifer. This choice is a unique case of comparing investments with different…

The Dupont profitability analysis model: an application and evaluation of an e‐learning tool

Jon Melvin, Michael Boehlje, Craig Dobbins, Allan Gray

Successful farm business managers must understand the determinants of profitability and have an overall long‐term or strategic management focus. The objective of this research was…