Agricultural Finance Review: Volume 61 Issue 2

Modern capital management by financial institutions: Implications for agricultural lenders

Peter J. Barry

This article reviews and analyzes the emerging approaches to capital management under risk by financial institutions. Included are discussions of recent developments in the…

Factors affecting returns to labor and management on U.S. dairy farms

Ashok K. Mishra, Mitchell J. Morehart

The objective of this study was to identify factors that contribute to returns to operators’ labor and management of dairy farms in the U.S. Particular attention is given to the…

Quantifying the impact of farmer mac prepayment penalties

Brian M. Brinch, Jeffrey R. Stokes

Unlike most residential mortgage‐backed securities, Farmer Mac agricultural mortgage‐backed securities (AMBS) have prepayment penalties. To quantify the impact of prepayment…

Farmland lease decisions in a life‐cycle model

Pierre I. Boumtje, Peter J. Barry, Paul N. Ellinger

Optimization procedures are used to investigate economic motivations of farmland lease arrangements in an intertemporal setting and to explore linkages among lease contracts…

A temporal comparison of sources of variability in farm household income

Ashok K. Mishra, Hisham S. El‐Osta

Based on two time periods (1995 and 1999), this study examines how much of the variability in total farm household income can be attributed to the variability in net farm income…

Textbook treatments of the lease versus purchase decision

Stephen E. Miller

A survey of textbooks from agricultural economics and finance reveals agreement among the texts that the lease versus purchase decision should be based on a comparison of the…