IDEAS home Printed from https://ideas.repec.org/p/ags/ifma07/345462.html
   My bibliography  Save this paper

AP - A New Approach In Farm Business Analysis To Fit A Changing Farmland Investment Market

Author

Listed:
  • Oltmans, Arnold W.

Abstract

Increasing non-farm demand for land in developed countries is changing the farmland market and the business dynamics of owning it. Farmland’s value is now based less on the economic value of farm products it can produce and more on the non-farm characteristics and uses it can provide. This change has implications for farm business management decisions leading to the need for a new approach to the economic analysis of the farm business. This new approach calls for treating farmland as part of an investment portfolio, profit centre, rather than as a production cost input. This changes the traditional approach to cost budgeting and analysis of farm enterprises. Managers need to view the land ownership decision more as an investor in the land than as a producer on the land. This may have implications for developing countries in the future as well.

Suggested Citation

  • Oltmans, Arnold W., 2007. "AP - A New Approach In Farm Business Analysis To Fit A Changing Farmland Investment Market," 16th Congress, Cork, Ireland, July 15-20, 2007 345462, International Farm Management Association.
    • Handle: RePEc:ags:ifma07:345462
    DOI: 10.22004/ag.econ.345462
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/345462/files/07Oltmans.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.345462?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Agribusiness;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ifma07:345462. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ifmaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.