Agricultural Finance Review: Volume 71 Issue 1

Competing risks models of Farm Service Agency seven‐year direct operating loans

Bruce L. Dixon, Bruce L. Ahrendsen, Brandon R. McFadden, Diana M. Danforth, Monica Foianini, Sandra J. Hamm

The purpose of this paper is to apply duration methods to a sample of Farm Service Agency (FSA) direct, seven‐year operating loans to identify those variables that influence the…

The impact of decoupled payments on the cost of operating capital

Jaclyn D. Kropp, James B. Whitaker

The purpose of this paper is to investigate how decoupled direct payments, paid to farm operators based on historical yields and base acreage, may lead to production distortions…

The influence of GM crop adoption on the profitability of farms operated by young and beginning farmers

Joshua D. Detre, Hiroki Uematsu, Ashok K. Mishra

The purpose of this paper is to assess the impacts of GM crop adoption on the profitability of farms operated by young and/or beginning farmers and ranchers (YBFR).

A behavioral economic analysis of bounded rationality in farm financing decisions: First empirical evidence

Oliver Musshoff, Norbert Hirschauer

Often farmers do not switch to a new bank even if it offers better interest rates than the house bank. This can be attributed partly to transaction costs, and partly to bounded…

Are the Tokyo Grain Exchange non‐genetically modified organism (non‐GMO) and conventional soybean futures markets integrated?

Kentaka Aruga

The purpose of this paper is to test the market linkage and the strength of the linkage between the identity‐preserved (IP) non‐genetically modified organism (non‐GMO) and non‐IP…

Loan portfolio performance and El Niño, an intervention analysis

Benjamin Collier, Ani L. Katchova, Jerry R. Skees

This paper illustrates that natural disasters can significantly threaten financial institutions serving the poor. The authors test the case of a microfinance institution (MFI) in…

Measuring dependence in joint distributions of yield and weather variables

Raushan Bokusheva

The design and pricing of weather‐based insurance instruments is strongly based on an implicit assumption that the dependence structure between crop yields and weather variables…

A new company descriptor takes us into a new era

Rebecca Marsh