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Registros recuperados: 6
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South Dakota Agricultural Land Market Trends 1991-2012 AgEcon
Janssen, Larry; Pflueger, Burton.
Agricultural land values and cash rental rates in South Dakota, by region and by state, are the primary topics of this report. The target audiences for this report are farmers and ranchers, landowners, agricultural professionals (lenders, rural appraisers, professional farm managers), and policy makers interested in agricultural land market trends. This report contains the results of the 2012 SDSU South Dakota Farm Real Estate Market Survey, the 22nd annual SDSU survey developed to estimate agricultural land values and cash rental rates by land use in different regions of South Dakota.
Tipo: Technical Report Palavras-chave: Ag land; Farmland; Acreage; Cropland; Land ownership; Land use; Land tenure; Ranchland; Rental rates; Cash rent; Land values; Agricultural Finance; Farm Management; Land Economics/Use; Q15.
Ano: 2012 URL: http://purl.umn.edu/123843
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Determinants of agricultural cash rents in Germany: A spatial econometric analysis for farm-level data AgEcon
Breustedt, Gunnar; Habermann, Hendrik.
We empirically analyse the determinants of cash rent levels for agricultural land in Lower Saxony, Germany. We are the first to apply a spatial econometrics approach that accounts for two types of spatial dependence simultaneously to cash rent data at the farm-level. Our empirical results underline the usefulness of such an approach. Farm characteristics which serve as a proxy for the marginal value of rented acreage for the tenant as well as variables which represent local competition on the land market are significant. Among the farm characteristics, operating revenue per hectare, share of high-value crops, soil quality, share of rented acreage, share of arable land relative to rented acreage, and animal density are significant while, ceteris paribus,...
Tipo: Conference Paper or Presentation Palavras-chave: Cash rent; Farm-level data; Spatial econometrics; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/44462
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The Planting Real Option in Cash Rent Valuation AgEcon
Du, Xiaodong; Hennessy, David A..
After entering into farmland rental contracts in the fall, a tenant farmer has the planting flexibility to choose between corn and soybeans. Failure to account for this switching option will bias estimates of what farmers should pay to rent land. Applying contingent claims analysis methods, this study explicitly derives the real option value function. Comparative statics with respect to the volatilities of underlying state variables and their correlations are derived and discussed. Dynamic hedging deltas in this real option context are also developed. Monte Carlo simulation results show that the average cash rent valuation for the real option approach is 11% higher than that for the conventional net present value (NPV) method. The simulated dynamic hedging...
Tipo: Working or Discussion Paper Palavras-chave: Cash rent; Delta hedging; Monte Carlo simulation; Multivariate GARCH; Real option; Ricardian rent; Farm Management; Research Methods/ Statistical Methods.
Ano: 2008 URL: http://purl.umn.edu/6307
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Equilibrium of Land Values from Agricultural and General Economic Factors for Cropland and Pasture Capitalization in Georgia AgEcon
Flanders, Archie; White, Fred C.; Escalante, Cesar L..
Nonagricultural factors impact land values to cause a divergence of discounted cash rents for agricultural land and land values in Georgia. General economic factors are represented by per capita income in nonmetro areas. Cash rents for cropland and pasture have positive impacts on land values. Nonagricultural factors are stronger influences on land values than are cash rents. Greater effective demand exists for pasture than for cropland because pasture is subject to relatively more pricing pressure in northern counties with higher incomes and population. Increased land values have led to increased net wealth for Georgia agricultural producers.
Tipo: Journal Article Palavras-chave: Capitalization; Cash rent; Cointegration; Equilibrium; Error correction mechanism; Land values; Land Economics/Use.
Ano: 2004 URL: http://purl.umn.edu/59605
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South Dakota Agricultural Land Market Trends 1991-2008: The 2008 SDSU South Dakota Farm Real Estate Survey AgEcon
Janssen, Larry; Pflueger, Burton.
Agricultural land values and cash rental rates in South Dakota, by region, are the primary topics of this report. Target audiences are farmers and ranchers, landowners, ag professionals, and policy makers interested in ag land market trends. It contains results of the 2008 SDSU SD Farm Real Estate Market Survey, developed to estimate ag land values and cash rental rates by land use in different regions of South Dakota.
Tipo: Report Palavras-chave: Land values; Ag land values; Rental rates; Cash rent; Land market trends; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/56761
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South Dakota Agricultural Land Market Trends 1991-2011: The 2011 SDSU South Dakota Farm Real Estate Survey AgEcon
Janssen, Larry; Pflueger, Burton.
Agricultural land values and cash rental rates in South Dakota, by region and by state, are primary topics of this report. The target audience are farmers and ranchers, landowners, ag professionals (lenders, rural appraisers, professional farm managers), and policy makers interested in ag land market trends. This report contains results of the 2011 Farm Real Estate Market Survey, the 21st annual SDSU survey developed to estimate ag land values and cash rental rates by land use in different regions of South Dakota.
Tipo: Report Palavras-chave: Ag land; Farmland; Acreage; Cropland; Land ownership; Land use; Land tenure; Ranchland; Rental rates; Cash rent; Land Economics/Use; Q15.
Ano: 2011 URL: http://purl.umn.edu/109324
Registros recuperados: 6
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