Agricultural Finance Review: Volume 70 Issue 1

Biography: Kiyosi Itô and his influence on the study of agricultural finance and economics

Calum G. Turvey

The purpose of this paper is to review the life of the famous mathematician Kiyosi Itô and discuss his influence on the study of agricultural finance and agricultural economics.

Survival analysis and mortgage termination at AgChoice ACA

Jonathan B. Dressler, Jeffrey R. Stokes

This paper aims to identify factors that affect agricultural mortgage default and prepayment.

Credit rationing of rural households in China

Xiangping Jia, Franz Heidhues, Manfred Zeller

In the presence of credit rationing the poor are unable to exploit growth‐promoting opportunities. Using data gathered from a household survey on North China Plain, the purpose of…

A model of microfinance with adverse selection, loan default, and self‐financing

Amitrajeet A. Batabyal, Hamid Beladi

The purpose of this paper is to analyze a market for microfinance in a region of a developing nation in which all projects are either of high or low quality. There is adverse…

Spatial producer heterogeneity in crop insurance product decisions within major corn producing states

Shyam Adhikari, Eric J. Belasco, Thomas O. Knight

The purpose of this paper is to examine the spatial components of producer heterogeneity in crop insurance product selection among US corn producers and identifies neighborhood…

A spatial Bayesian approach to weather derivatives

Nicholas D. Paulson, Chad E. Hart, Dermot J. Hayes

While the demand for weather‐based agricultural insurance in developed regions is limited, there exists significant potential for the use of weather indexes in developing areas…

Stochastic simulation using @Risk for dairy business investment decisions

J.M. Bewley, Boehlje, A.W. Gray, H. Hogeveen, S.J. Kenyon, S.D. Eicher, M.M. Schutz

The purpose of this paper is to develop a dynamic, stochastic, mechanistic simulation model of a dairy business to evaluate the cost and benefit streams coinciding with technology…

Assessing the potential value for an automated dairy cattle body condition scoring system through stochastic simulation

J.M. Bewley, Boehlje, A.W. Gray, H. Hogeveen, S.J. Kenyon, S.D. Eicher, M.M. Schutz

Automated body condition scoring (BCS) through extraction of information from digital images has been demonstrated to be feasible; and commercial technologies are being developed…

Measuring the impact of research

Rebecca Marsh