Farm Commodity Payments and Imputation in the Agricultural Resource Management Survey

2011 ◽  
Vol 93 (2) ◽  
pp. 606-612
Author(s):  
Michael W. Robbins ◽  
T. Kirk White
Keyword(s):  
Resource Management ◽  
Agricultural Resource Management Survey

scholarly journals A Re-Examination of Multistage Economies in Hog Farming

2017 ◽  
Vol 15 (2) ◽  
Author(s):  
Joshua D. Parcel ◽  
John R. Schroeter ◽  
Azzeddine M Azzam
Keyword(s):  
Resource Management ◽  
Cost Function ◽  
Cost Efficiency ◽  
Production Data ◽  
Hog Production ◽  
Current Trends ◽  
Production Practices ◽  
The Cost ◽  
The U.S ◽  
Agricultural Resource Management Survey

AbstractCurrent trends in the structure of hog production in the U.S. are toward facilities that are not only larger, but also more likely to be specialized, carrying out only some of the vertically linked phases of production in the same facility. This paper investigates the cost efficiency incentives for these changes by estimating a multistage cost function for hog production. Data are from the Hog Production Practices and Costs portion of the USDA’s 2004 Agricultural Resource Management Survey.

A comparison of data collected through farm management associations and the Agricultural Resource Management Survey

2014 ◽  
Vol 74 (4) ◽  
pp. 492-500 ◽  
Author(s):  
Todd H. Kuethe ◽  
Brian Briggeman ◽  
Nicholas D. Paulson ◽  
Ani L. Katchova
Keyword(s):  
Resource Management ◽  
Farm Management ◽  
Agricultural Resource Management Survey

scholarly journals Income Stabilization Through Government Payments: How is Farm Household Consumption Affected?

2009 ◽  
Vol 38 (1) ◽  
pp. 36-48 ◽  
Author(s):  
James B. Whitaker ◽  
Anne Effland
Keyword(s):  
Resource Management ◽  
Household Consumption ◽  
Farm Households ◽  
Farm Household ◽  
Income Source ◽  
Different Types ◽  
Farm Program ◽  
Different Sources ◽  
Agricultural Resource Management Survey

We estimate the impacts of various types of government payments to U.S. agriculture on different components of farm household consumption. Using 2003 to 2005 data from the Agricultural Resource Management Survey (ARMS), we show that marginal rates of consumption differ by consumption category and income source, including different types of farm program payments. The results suggest that farm households treat income from different sources as imperfect substitutes and may reserve income from specific sources for specific types of consumption. Implications for the effects of different types of government payments on the farm household are considered.

scholarly journals Market Power in Poultry Production Contracting? Evidence from a Farm Survey

2012 ◽  
Vol 44 (4) ◽  
pp. 477-490 ◽  
Author(s):  
James M. MacDonald ◽  
Nigel Key
Keyword(s):  
Resource Management ◽  
Market Power ◽  
Poultry Production ◽  
Local Markets ◽  
Production Contracts ◽  
Farm Survey ◽  
Survey Results ◽  
Using Data ◽  
Agricultural Resource Management Survey

The exercise of market power by broiler processing firms (integrators) is plausible because local markets for growers are concentrated and because growers face hold-up risks arising from substantial investments in specific assets set against limited integrator purchase commitments. This article explores the links between local integrator concentration and grower compensation under production contracts using data from the 2006 broiler version of the USDA's Agricultural Resource Management Survey. Results of this study, which account for characteristics of the operation and specific features of the production contract, suggest that greater integrator concentration results in a small but economically meaningful reduction in grower compensation.

AN IDENTIFICATION APPROACH OF TECHNICALLY EFFICIENT CATEGORY FOR CONTROLLABLE, CATEGORICAL FACTORS IN PRODUCTION AND AN APPLICATION TO A PRODUCTION PROCESS

2013 ◽  
Vol 30 (05) ◽  
pp. 1350012
Author(s):  
SEUNG-MIN SONG ◽  
TAEHO KIM ◽  
JAE-GON KIM ◽  
JANGHA KANG
Keyword(s):  
Resource Management ◽  
Production Process ◽  
Empirical Data ◽  
New Approach ◽  
Soybean Production ◽  
Empirical Application ◽  
Identification Approach ◽  
Substantial Heterogeneity ◽  
Selection Of ◽  
Agricultural Resource Management Survey

This paper suggests a new DEA-based approach to the identification of the efficient category value for controllable categorical factors when controllable categorical factors are involved in the DMU's production process. Though the main objective of this approach is to identify the efficient category value for nonhierarchical categorical factors, it can also be employed to identify the efficient category value for hierarchical categorical factors without any large adjustment. This new approach is applied to an empirical data from an Agricultural Resource Management Survey for soybean production in Pennsylvania. The result of the empirical application illustrates how our approach leads us to the efficient category value of categorical factors by using both radial measure and nonradial measure. Moreover, it shows us the existence of substantial heterogeneity in the use of categorical factors and the opportunity of improvement in DMUs' selection of category value for categorical factors.

Does federal crop insurance lead to higher farm debt use? Evidence from the Agricultural Resource Management Survey (ARMS)

2015 ◽  
Vol 75 (3) ◽  
pp. 349-367 ◽  
Author(s):  
Jennifer E Ifft ◽  
Todd Kuethe ◽  
Mitch Morehart
Keyword(s):  
Resource Management ◽  
Crop Insurance ◽  
Future Research ◽  
Short Term ◽  
Farm Sector ◽  
Content Type ◽  
Financial Decisions ◽  
Farm Debt ◽  
The Impact ◽  
Agricultural Resource Management Survey

Purpose – The purpose of this paper is to consider how the federal crop insurance (FCI) program influences farm debt use, one of the key financial decisions made by farm operators. Design/methodology/approach – Using data from the nationally representative Agricultural Resource Management Survey, the paper implements a propensity score matching model of the impact of FCI participation on various measures of farm business debt use. To account for the simultaneity of financial decisions, the paper further tests this relationship using a seemingly unrelated regression model. Findings – FCI participation is associated with an increase in use of short-term farm debt, but not long-term debt, consistent with risk balancing behavior and current trends in the farm sector. Research limitations/implications – In addition to risk balancing, the results are also consistent with credit constraints or lender preferences. The paper cannot fully establish causality between crop insurance participation and short-term debt levels. Future research should address these limitations. Practical implications – Agricultural lending standards are generally conservative and the farm sector as a whole currently has historically low leverage, which implies that an increase in debt use may not be a threat to the financial health of the farm sector. Social implications – The results indicate that the reduction in total risk facing the farm sector is significantly less than the decline in risk provided by FCI, which is an important consideration for policymakers. Originality/value – This is the first paper to use an econometric model to analyze the relationship between FCI and farm debt use decisions. This paper can inform future research on the FCI program and farm financial decisions.

scholarly journals Forage Outsourcing in the Dairy Sector: The Extent of Use and Impact on Farm Profitability

2010 ◽  
Vol 39 (3) ◽  
pp. 399-414 ◽  
Author(s):  
Jeffrey Gillespie ◽  
Richard Nehring ◽  
Carmen Sandretto ◽  
Charles Hallahan
Keyword(s):  
United States ◽  
Resource Management ◽  
Milk Production ◽  
Western United States ◽  
Farm Size ◽  
Purchasing Behavior ◽  
Farm Profitability ◽  
Using Data ◽  
On Farm ◽  
Agricultural Resource Management Survey

The extent of forage purchasing behavior in milk production and its impact on profitability are analyzed using data from the 2000 and 2005 dairy versions of the Agricultural Resource Management Survey. Forage outsourcing is more common with hay than with silage and haylage, and is more prevalent in the western United States. Though silage and haylage outsourcing is found to impact profitability, the major profitability drivers appear to be farm size and efficiency. Evidence of significant forage contracting is found in the western United States.

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