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Projections of Agricultural Capital and Credit Requirements: An Oklahoma Application

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  • Schmedt, Fred
  • Boehlje, Michael

Abstract

The growth in the capital investment in agriculture that occurred during the 1950's and 1960's and the resulting credit demands led to a number of inquiries into the future capital and credit requirements of American agriculture [2, 3, 4]. The results of these studies suggest that the aggregate capital and credit needs of the agricultural sector will increase significantly in the future. However, estimates of future capital and credit requirements of firms that are representative of different sizes and enterprise types of farms are not available. These estimates would be useful to farmers and lending institutions in determining the future amount of capital and credit needed to generate a given level of gross sales or income. Those entering farming could compare the present and future capital needed for different types of operations.

Suggested Citation

  • Schmedt, Fred & Boehlje, Michael, 1974. "Projections of Agricultural Capital and Credit Requirements: An Oklahoma Application," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 6(1), pages 117-123, July.
    • Handle: RePEc:cup:jagaec:v:6:y:1974:i:01:p:117-123_01
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