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How Fluctuations in Farm and Off-Farm Income Could Affect the Financial Performance of U.S. Farm Operator Dairy Farms: A Farm-level Analysis

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  • Erickson, Kenneth W.
  • Featherstone, Allen M.
  • Subedi, Dipak
  • Nehring, Richard F.
  • Harris, James Michael

Abstract

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  • Erickson, Kenneth W. & Featherstone, Allen M. & Subedi, Dipak & Nehring, Richard F. & Harris, James Michael, 2017. "How Fluctuations in Farm and Off-Farm Income Could Affect the Financial Performance of U.S. Farm Operator Dairy Farms: A Farm-level Analysis," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258488, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea17:258488
    DOI: 10.22004/ag.econ.258488
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    References listed on IDEAS

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    1. Bubela, Heidi J., 2016. "Off-farm Income: Managing Risk in Young and Beginning Farmer Households," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 31(3), pages 1-8, August.
    2. Ellinger, Paul & Featherstone, Allen & Boehlje, Michael, 2016. "Leverage of U.S. Farmers: A Deeper Perspective," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 31(1), pages 1-7, April.
    3. Gabriel, Stephen, 2015. "A Banker’s Perspective on the Strength of the Farm Economy," Agricultural Outlook Forum 2015 205006, United States Department of Agriculture, Agricultural Outlook Forum.
    4. Julian M. Alston & Philip G. Pardey & Jennifer S. James & Matthew A. Anderson, 2009. "The Economics of Agricultural R&D," Annual Review of Resource Economics, Annual Reviews, vol. 1(1), pages 537-566, September.
    5. Calum G. Turvey & Vicki L. Bogan & Cao Yu, 2012. "Small businesses and risk contingent credit," Journal of Risk Finance, Emerald Group Publishing, vol. 13(5), pages 491-506, November.
    6. Andrew Schmitz, 1995. "Boom/Bust Cycles and Ricardian Rent," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(5), pages 1110-1125.
    7. MacDonald, James M. & Cessna, Jerry & Mosheim, Roberto, 2016. "Changing Structure, Financial Risks, and Government Policy for the U.S. Dairy Industry," Economic Research Report 262200, United States Department of Agriculture, Economic Research Service.
    8. Allen M. Featherstone & Laura M. Roessler & Peter J. Barry, 2006. "Determining the Probability of Default and Risk-Rating Class for Loans in the Seventh Farm Credit District Portfolio," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(1), pages 4-23.
    9. Shagam, Shayle D., 2017. "Outlook For Livestock And Poultry In 2017," Agricultural Outlook Forum 2017 260533, United States Department of Agriculture, Agricultural Outlook Forum.
    10. Leslie J. Butler, 0. "Just, Richard E., Julian M. Alston, and David Zilberman, Editors. Regulating Agricultural Biotechnology: Economics and Policy. New York: Springer, 2006, 732 pp., $149.00," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(3), pages 854-855.
    11. Wilson, Christine A. & Morehart, Mitchell J. & Featherstone, Allen M. & Hallahan, Charles B. & Erickson, Kenneth W. & Harris, James Michael & Williams, Robert P., 2010. "Rating the Financial Health of U.S. Production Agriculture using Synthetic Credit Rating," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61776, Agricultural and Applied Economics Association.
    12. Richard E. Just & Julian M. Alston & David Zilberman (ed.), 2006. "Regulating Agricultural Biotechnology: Economics and Policy," Natural Resource Management and Policy, Springer, number 978-0-387-36953-2, December.
    13. Emanuel Melichar, 1979. "Capital Gains versus Current Income in the Farming Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 1085-1092.
    14. Allen M. Featherstone & Timothy G. Baker, 1987. "An Examination of Farm Sector Real Asset Dynamics: 1910–85," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 69(3), pages 532-546.
    15. MacDonald, James M. & O'Donoghue, Erik J. & McBride, William D. & Nehring, Richard F. & Sandretto, Carmen L. & Mosheim, Roberto, 2007. "Profits, Costs, and the Changing Structure of Dairy Farming," Economic Research Report 6704, United States Department of Agriculture, Economic Research Service.
    16. Unknown, 2012. "2012 July, Volume 4, Number 1," COSBAE Newsletter, Agricultural and Applied Economics Association, Committee on the Opportunities and Status of Blacks in Agricultural Economics (COSBAE), pages 1-4, July.
    17. Mosheim, Roberto & Blaney, Don & Burdine, Kenneth H. & Maynard, Leigh J., 2014. "Livestock Gross Margin-Dairy Insurance: An Assessment of Risk Management and Potential Supply Impacts," Economic Research Report 164606, United States Department of Agriculture, Economic Research Service.
    18. Mark, Tyler B. & Burdine, Kenneth H. & Cessna, Jerry & Dohlman, Erik, 2016. "The Effects of the Margin Protection Program for Dairy Producers," Economic Research Report 262192, United States Department of Agriculture, Economic Research Service.
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    Keywords

    Agricultural Finance; Agribusiness; Agricultural and Food Policy;
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