Pen-Type Barns

Pen-type barns for dairy cows have helped to cut costs and increase efficiency on many Michigan farms

Using Land Values to Predict Future Farm Income

land values, almon lag, farm profitability, Agribusiness, Agricultural Finance, Farm Management, Financial Economics, Production Economics,

Where's the economics? The core discipline of farm management has gone missing!

Economic illiteracy is abundant in farm management analysis. Failure to understand that economics is the core discipline of farm-management analysis and failure to apply the whole-farm approach leads to wrong questions being asked and wrong answers being given. The power of economic thinking is in making sense of resource allocation questions in farm systems characterised by much complexity and powerful dynamics. The challenge for those who continue to work in farm management economics is to re-establish theoretically sound farm-management analysis based on economics as the core discipline.Farm Management, Teaching/Communication/Extension/Profession,

2011 Michigan Land Values and Leasing Rates

Land is a natural resource that is valued for many reasons. Farmers utilize land to earn their livelihood and as a store of wealth for future retirement. Potential rural residents have increasingly sought open space for a home site and pursuit of a lifestyle. Developers seek financial opportunities to invest in and develop it for non-farm uses. Recreational needs such as hunting are often met through use of land. For some, land is viewed as an investment and a hedge against inflation. This myriad of demands for land combined with its fixed supply continually alters its market price, which is a monetary measure of its perceived value.Agribusiness, Farm Management, Financial Economics, Land Economics/Use, Production Economics, Agribusiness, Farm Management, Financial Economics, Land Economics/Use, Production Economics,

Characteristics of Canada's Diverse Farm Sector

Much of the research in the past on farm structure and economic well-being focused almost exclusively on farms based on their size, their contribution to total agricultural production, or national net farm income. These aggregate measures do not by themselves adequately explain how well the farm is functioning. Confidence in highly aggregated measures of financial performance in agriculture needs to be tempered with an understanding of the diversity that exists within the farm sector. Agriculture and Agri-Food Canada (AAFC) developed a farm typology, to better explain why particular groups respond differently. The AAFC typology classifies farms into more homogeneous groups based on five factors: organizational structure (non-family farms) age (retirement farms); dependence on off-farm income (lifestyle farms); total family income (low income farms) revenue class.farm structure, economic well-being, agricultural production, farm income, financial performance, diversity farm typology, Agribusiness, Consumer/Household Economics, Farm Management, Financial Economics, Industrial Organization, Institutional and Behavioral Economics, Research and Development/Tech Change/Emerging Technologies, Teaching/Communication/Extension/Profession,

Dynamic Effects of Grain and Energy Prices on the Catfish Feed and Farm Sectors

This study examines the dynamic effects of grain prices and energy prices on catfish feed prices and the price of food-sized catfish at the farm level. Using the autoregressive distributed lag model and bounds testing procedure, a long-run relationship between feed and farm prices and their determinants was confirmed. Given the effect of corn and soybean meal prices on catfish feed prices, and catfish fish feed prices on farm prices, the long-run responsiveness of feed prices to a percentage increase in U.S. ethanol production is 0.325, and the responsiveness of catfish farm prices is 0.064. Although both feed and farm prices increase with ethanol production, the relatively small responsiveness of farm prices when compared with feed prices suggests that catfish farmers are worse off. Results are conditional on ethanol production causing an increase in grain prices.catfish, prices, autoregressive distributed lag (ARDL) model, ethanol, feed, corn, soybeans, Agribusiness, Agricultural Finance, Demand and Price Analysis, Financial Economics, Institutional and Behavioral Economics, Marketing, Production Economics, Productivity Analysis, Resource /Energy Economics and Policy, C32, Q11, Q22,

Livestock in China: Commodity-specific Total Factor Productivity Decomposition Using New Panel Data

Crop Production/Industries, Environmental Economics and Policy, Farm Management, Land Economics/Use, Production Economics, Productivity Analysis,

Gender, poverty, and nonfarm employment in Ghana and Uganda

The authors provide evidence that women's non-farm activities help reduce poverty in two economically and culturally different countries, Ghana and Uganda. In both countries rural poverty rates were lowest - and fell most rapidly - for female heads of household engaged in non-farm activities. Participation in non-farm activities increased more rapidly for women, especially married women and female heads of household, than for men. Women were more likely than men to combine agriculture and non-farm activities. In Ghana it was non-farm activities (for which income data are available ) that provided the highest average incomes and the highest shares of income. Bivariate profit analysis of participation shows that in Uganda female heads of household and in Ghana women in general are significantly more likely than men to participate in non-farm activities and less likely to participate in agriculture.Health Monitoring&Evaluation,Public Health Promotion,Agricultural Knowledge&Information Systems,Environmental Economics&Policies,Health Economics&Finance,Health Monitoring&Evaluation,Agricultural Knowledge&Information Systems,Poverty Assessment,Environmental Economics&Policies,Health Economics&Finance

Manual SEAMLESS-IF

Agricultural and Food Policy, Environmental Economics and Policy, Farm Management, Land Economics/Use, Production Economics,

Estimating the Economic Viability of a New Crop Alternative for the U.S. Organic Market: Edamame - A Vegetable Soybean

whole farm modeling, edamame, Farm Management, Production Economics,