Open PRAIRIE: Open Public Research Access Institutional Repository and Information Exchange
Abstract
The purpose of the study was to furnish information that could be used in farming agricultural policy. An attempt was made to analyze the process occurring in land valuation during a period when farmers were enlarging their units. Moreover, other objectives are to make a comparison of the price paid for land that is added to the buyers existing unit, and the price paid for land that is not added to the buyer’s unit. To determine the characteristics of farmers who have purchased land to enlarge their operations. To determine the main forces compelling farmers to buy additional land. To analyze the valuation procedure followed by such buyers with a special reference to the additional costs and income they estimate for the land purchased