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Registros recuperados: 102 | |
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Olson, Kent D.; Talley, Dary E.; Christensen, James L.; Weness, Erlin J.; Fales, Perry A.; Nordquist, Dale W.. |
For the Southwestern Association, average accrual net farm income was $62,699 in 1996 for the 203 farms included in this report. This is an increase of 9% from 1995 making 1996 another high income year in a job with large swings in income. This volatility can be seen whether income is measured in nominal terms or constant dollars. The 20% of these 203 farms with the highest net farm income had an average profit of $157,052--an increase from 1995. The low 20% of the farms had an average loss of -$6,010 in 1996, which was a smaller loss than in 1995. Average gross cash farm income in 1995 was $382,502--a 10% increase from 1995. Four sources of sales made up 83% of total income in 1996: corn, beef finishing, hogs, and soybeans. Corn sales increased 12%... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 1997 |
URL: http://purl.umn.edu/13536 |
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Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W.. |
The average net farm income is $66,412 for the 62 farms included in the 1999 annual report of the Southeastern Minnesota Farm Business Management Association. This is an increase of 1% from 1998. Even though gross cash farm income increased, cash expenses and depreciation also increased and inventory values changed little. Income is still at a high level compared to the early 1990s and the 1980s. (Net farm income is an accrual measure calculated by subtracting cash farm expenses and depreciation from total cash farm income and adjusting the difference for changes in other capital and inventory items.) After subtracting an opportunity cost for equity capital, unpaid labor and management earnings follow a similar but lower pattern. As in previous... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 2000 |
URL: http://purl.umn.edu/14193 |
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Lagerkvist, Carl Johan; Olson, Kent D.. |
This paper investigates the extent to which an active agricultural policy directed to the return and/or the variability of return in farming that is understood and anticipated, where the political process creates parameter uncertainty and noise about the precise timing of reform, influences the capital structure at the farm level. Closed for solutions for the implied restructuring prior to the reform is derived. The empirical analyses the policy induced incentives for debt levels adjustment that may have prevailed prior to and after the 1996 Farm Bill. The empirical analysis strongly supports the theoretical analysis. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Financial Economics. |
Ano: 2002 |
URL: http://purl.umn.edu/19694 |
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Buhr, Brian L.; Lazarus, William F.; Nefstead, Ward E.; Nordquist, Dale W.; Olson, Kent D.; Stevens, Stanley C.; Weness, Erlin J.. |
These papers describe the current economic conditions and outline some of the opportunities facing Minnesota farmers as they complete 1998 and develop plans for 1999. The first paper, Prospects For Farm Income in 1998, describes the variation in net farm income farmers in the Southeastern and Southwestern Farm Management Associations have experienced over the past twenty years. The possible effects of 1998's low commodity prices and government program payments on net farm income are discussed in the context of this historical variation. This paper points out that some farmers are experiencing a very good year in 1998, while others may have very low net farm income this year. Those with high incomes in 1998 may be primarily interested in opportunities to... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 1998 |
URL: http://purl.umn.edu/14033 |
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Grande, Jorunn; Houck, James P.; Olson, Kent D.. |
The U.S. consumption pattern of livestock products has changed considerably and is expected to keep changing. The first part of this paper reviews the consumption trends and the price and nonprice factors affecting those trends. In the second part, future consumption patterns are projected. The projections of the constant income elasticity model and the Tornquist functions are rejected due to recent trends which do not receive enough weight in these models. A third model which projects consumption shares is selected as a more accurate predictor. By the year 2010, national consumption of beef is estimated to decrease by 5 to 10%; pork to increase by up to 5%. Lamb and mutton will continue to be consumed less. Poultry consumption will increase dramatically... |
Tipo: Working or Discussion Paper |
Palavras-chave: Food Consumption/Nutrition/Food Safety; Livestock Production/Industries. |
Ano: 1994 |
URL: http://purl.umn.edu/13642 |
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Olson, Kent D.; DalSanto, Matthew R.. |
With the current federal farm bill set to expire at the end of September this year, many proposals have been made to redesign the next bill. The objectives of this study are to compare the current policy with major proposed alternatives and estimate the potential payments of farmers under each of the alternatives. The alternative policies are compared in two ways. First a historical comparison of crop revenue and estimated government payments for individual farms are made under each proposal from 2002-2005. In a second comparison, projections of crop revenue and government payments are made using historical yields for each farm, county, and nation; historical price data; statistical distributions of the yields and prices including averages, standard... |
Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural and Food Policy. |
Ano: 2007 |
URL: http://purl.umn.edu/7315 |
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Westra, John V.; Olson, Kent D.. |
In a transect survey of crop residue levels in 1995 and 1996, two Minnesota counties had very different percentages of cropland with desired residue cover even though the soil types were similar. To gain a better understanding of the reasons behind this difference, the farmers in these two counties were surveyed about their use or lack of use of conservation tillage practices. A statistical logit analysis of survey responses showed farmers are more apt to adopt conservation tillage if they are larger; are more concerned about erosion on their land; have made a recent major investment in the farm; use other producers for tillage information; have the management skill for conservation tillage; and believe conservation tillage will fit with their production... |
Tipo: Working or Discussion Paper |
Palavras-chave: Crop Production/Industries. |
Ano: 1997 |
URL: http://purl.umn.edu/13380 |
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Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W.. |
The average net farm income is $77,672 for the 58 farms included in the 2000 annual report of the Southeastern Minnesota Farm Business Management Association. This is an increase of 17% from 1999. The median or middle income was $39,675, considerably lower than the average. Even though gross cash farm income decreased more than the decrease in cash expenses, net farm income increased because depreciation decreased and inventory values increased. Income is still at a high level compared to the early 1990s and the 1980s. As in previous years, the income levels experienced by individual farms vary greatly from the overall average. When the net farm incomes for the 58 farms in the report were ranked from lowest to highest, the resulting graph shows... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 2001 |
URL: http://purl.umn.edu/14250 |
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Nordquist, Dale W.; Anderson, Robert D.; Cristensen, James L.; Kurtz, James N.; Paulson, Garen J.; Olson, Kent D.. |
Average net farm income rebounded to $70,007 in 2002 for the 188 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a sharp increase (91%) from the average net farm income of $36,614 in 2001. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 188 farms in the report are ranked from lowest to highest, the resulting graph shows how much the incomes do vary. Nine percent of the farms experienced negative net farm income in 2002; 26% had incomes over $100,000. The median or middle income was $61,465. The high 20% of the farms had an average net farm income of $181,981 which is a 40%... |
Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
Ano: 2003 |
URL: http://purl.umn.edu/13883 |
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Olson, Kent D.; Vu, Linh. |
Changes and trends in farm productivity have been of intense interest to many involved with agriculture. This study used data envelopment analysis (DEA) to estimate the output-oriented Malmquist total factor productivity (TFP) index from panel data for 1993-2006 for farms in Southern Minnesota. Bootstrap methods were used to estimate confidence intervals for the productivity, efficiency change and technical change indices. The model included three inputs (labor, land and immediate expenditures) and six outputs (corn, soybean, milk, hog, beef, and nonfarm income). Productivity growth was found to be positive during the period, with an average annual productivity growth of 6.6 percent. However, TFP growth has been slowing down in recent years and indeed... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Total factor productivity; Farms; Malmquist index; Data envelopment analysis; DEA; Bootstrap; Government subsidies; Farm Management; Productivity Analysis; Q12; C14. |
Ano: 2009 |
URL: http://purl.umn.edu/49204 |
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Mahoney, Paul; Olson, Kent D.; Porter, Paul M.; Huggins, David R.; Perillo, Catherine A.; Crookston, R. Kent. |
When all strategies received conventional market prices, 4-year cropping sequences had greater net returns than 2-year sequences, and the organic input, 4-year strategy had the highest net return. Adding 50% of the estimated organic premium, the 4-year, organic strategy dominated all low- and high-purchased input strategies. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries; Risk and Uncertainty. |
Ano: 2001 |
URL: http://purl.umn.edu/20691 |
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Olson, Kent D.; Zakharova, Lena. |
Rapid increases in input prices have cast a large shadow over the enthusiasm created by higher product prices. In this paper we forecast the trends in input prices and use these trends to forecast production costs for corn, soybeans, and wheat at the national level, and for regions within the U.S. Although the Heartland is forecast to maintain its competitive edge in corn costs, the Northern Great Plains and Prairie Gateway regions are forecast to increase their competitive advantage due to using less fertilizer and chemicals on average which results in relative costs decreasing for these regions. For soybeans, the Heartland is forecast to maintain its competitive edge although the Eastern Uplands region was forecast to increase its competitive advantage... |
Tipo: Working or Discussion Paper |
Palavras-chave: Crop Production/Industries. |
Ano: 2008 |
URL: http://purl.umn.edu/46017 |
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Olson, Kent D.; Destro, Stefano. |
The objective of this paper is to provide a framework of accounting to allow the evaluation and comparison of both conventional and traditional agriculture by accounting for both traditional market transactions and the environmental resources and changes in those resources. Even if a study estimates the value of the change in the resource inventory, the correction to the farmer's financial condition is not made in an explicit way. Again, the study by Faeth et al. makes a strong contribution to the need to have such an accounting system for farms. Farmers should be interested in this information because it is their own backyard where they are working, living and using their own assets. We start with a brief review of the work done with national accounts... |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; Farm Management. |
Ano: 1995 |
URL: http://purl.umn.edu/14369 |
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Registros recuperados: 102 | |
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