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| Zakrzewicz, Christopher J.; Brorsen, B. Wade; Briggeman, Brian C.. |
| The value of land dominates the financial structure of most American agricultural production firms, and land values are an important factor in long-term agricultural planning and risk management. As the primary source of collateral for farm loans, farmland values have significant implications for both producers as well as bankers financing agricultural loans. The Federal Reserve Bank of Kansas City’s Survey of Agricultural Credit Conditions is an expert opinion survey in which agricultural bankers provide land value forecasts. As the survey has drawn increased attention, the survey has drawn criticism regarding its use qualitative data to forecast land values. Our research examines the value of the survey data with respect to its ability to forecast... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farmland; Forecasting; Land values; Federal Reserve Bank; Agribusiness; Financial Economics. |
| Ano: 2010 |
URL: http://purl.umn.edu/61758 |
