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| Hepp, Ralph E.. |
| Farmland is both a financial investment and a production resource when it is used by the farm family in generating income for the business. The resource is used in producing crops for sale or feed for animals. The basic choices for controlling land are ownership and lease. Land leases allows the control of land for income generation, but it does not allow the lessor to participation in the investment characteristics of the property. Land ownership provides a means for gaining income for the business as well as capital gains for the owner's wealth accumulation. Agricultural land prices increased for almost 50 years until the agricultural financial crisis in the 1980's halted the upward movement in values. From 1981 to 1987, Michigan farmland prices... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Land Economics/Use. |
| Ano: 1996 |
URL: http://purl.umn.edu/11825 |
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| Nott, Sherrill B.; Hepp, Ralph E.. |
| The purpose of this paper is to provide financial and production performance data for Michigan farms in 1995. Separate sections report on the farm types of Cash Grain, Dairy, Fruit, General Crop, General Livestock, and Swine. This data can be used as a comparative data base for individual farmers to conduct a financial analysis of their own farm to identify strengths and weaknesses. This report can also provide information to those interested in the financial well being of Michigan agriculture. Immediately following are sections on the data source, and how farm types were defined. The last section of the publication has definitions of calculations. Reader response is requested. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 1996 |
URL: http://purl.umn.edu/11486 |
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