IDEAS home Printed from https://ideas.repec.org/p/ags/saeana/45929.html
   My bibliography  Save this paper

Examining Share Lease Arrangements for Grain Operations in the Texas Panhandle under Changing Market Conditions

Author

Listed:
  • Gueck, Nicole
  • Jones, DeDe
  • Yates, Jay
  • Klose, Steven L.

Abstract

This paper examines the profit maximizing share arrangement for both landlords and tenants producing grain in the Texas High Plains (based on risk preference), and determines whether the results are affected by input costs and market prices. Results of the analyses show that tenants and landlords prefer different arrangements in all scenarios. Results also indicate that a tenant would prefer a different lease arrangement in 2008 than in 2005, while the landlord’s preference would remain unchanged.

Suggested Citation

  • Gueck, Nicole & Jones, DeDe & Yates, Jay & Klose, Steven L., 2008. "Examining Share Lease Arrangements for Grain Operations in the Texas Panhandle under Changing Market Conditions," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 45929, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeana:45929
    DOI: 10.22004/ag.econ.45929
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/45929/files/Examining%20Share%20Lease%20Arrangements%20for%20Grain%20Operations%20in%20the%20Texas%20Panhandle%20under%20Changing%20Market%20Conditions.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.45929?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
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Moss, Leeann E. & Westgren, Randall E. & Schnitkey, Gary D. & Barry, Peter J., 2001. "A Transation Cost Economics And Property Rights Theory Approach To Farmland Lease Preferences," 2001 Regional Committee NC-221, October 1-2, 2001, McLean, Virginia 132406, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    2. Ralph Bierlen & Lucas D. Parsch, 1996. "Tenant Satisfaction with Land Leases," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 18(3), pages 505-513.
    3. Klose, Steven L. & Outlaw, Joe L., 2005. "Financial and Risk Management Assistance: Decision Support for Agriculture," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(2), pages 1-10, August.
    4. Dillon, Carl R. & Oriade, Caleb A. & Parsch, Lucas D., 1998. "Production Risk Management Under Arkansas Soybean Rental Arrangements From The Tenant'S And Landlord'S Perspective," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20781, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hauger, Michael H. & Burton, Robert O., 2015. "What to Do with a Gift of Farmland: Part One," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2015.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Moss, Leeann E. & Westgren, Randall E. & Schnitkey, Gary D. & Barry, Peter J., 2001. "A Transation Cost Economics And Property Rights Theory Approach To Farmland Lease Preferences," 2001 Regional Committee NC-221, October 1-2, 2001, McLean, Virginia 132406, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    2. Fumasi, Roland J. & Klose, Steven L. & Kaase, Greg H. & Richardson, James W. & Outlaw, Joe L., 2008. "Viability of cellulosic feedstock production from producer to biorefinery," Integration of Agricultural and Energy Systems Conference, February 12-13, 2008, Atlanta, Georgia 48716, Farm Foundation.
    3. Jun, Cai & Shan, Liang, 2023. "Financial deepening and the development of industrial integration in poverty-eliminated counties," Finance Research Letters, Elsevier, vol. 58(PB).
    4. Ahrendsen, Bruce L. & Bierlen, Ralph W. & Langemeier, Larry N. & Dixon, Bruce L., 1999. "Land Leasing And Debt On Farms: Substitutes Or Complements?," 1999 Annual meeting, August 8-11, Nashville, TN 21671, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Dillon, Carl R. & Oriade, Caleb A. & Parsch, Lucas D., 1998. "Production Risk Management Under Arkansas Soybean Rental Arrangements From The Tenant'S And Landlord'S Perspective," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20781, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Christine Léger Léger-Bosch, 2018. "Farmland Tenure and Transaction Costs," Working Papers hal-01775201, HAL.
    7. Young, Mac & Kaase, Greg H. & Klose, Steven L. & Paschal, Joe C. & Hanselka, Wayne, 2007. "Long Term Financial Impacts of Drought Management Strategies," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34903, Southern Agricultural Economics Association.
    8. Jones, DeDe & Gueck, Nicole & Warminski, Patrick L., 2009. "An Analysis of the EQIP program for Lesser Prairie Chickens in the Northern Texas Panhandle," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 46544, Southern Agricultural Economics Association.
    9. Rainey, Ronald L. & Dixon, Bruce L. & Ahrendsen, Bruce L. & Parsch, Lucas D. & Bierlen, Ralph W., 2005. "Arkansas Landlord Selection of Land-Leasing Contract Type and Terms," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 8(1), pages 1-19.
    10. Rainey, Ronald L. & Dixon, Bruce L. & Ahrendsen, Bruce L. & Parsch, Lucas D. & Bierlen, Ralph W., 2001. "Contract Choice Selection With Land-Leasing Agreements," 2001 Annual meeting, August 5-8, Chicago, IL 20644, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Watkins, K. Bradley & Hill, Jason L. & Anders, Merle M., 2008. "An Economic Risk Analysis of No-Till Rice Management from the Landlord’s Perspective," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6870, Southern Agricultural Economics Association.
    12. Ram K. Adhikari & Robert K. Grala & Stephen C. Grado & Donald L. Grebner & Daniel R. Petrolia, 2022. "Landowner Satisfaction with Conservation Programs in the Southern United States," Sustainability, MDPI, vol. 14(9), pages 1-23, May.
    13. Watkins, K. Bradley & Hignight, Jeffrey A. & Anders, Merle M., 2009. "Assessing the Impacts of Soil Carbon Credits and Risk on No-Till Rice Profitability," 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia 45806, Southern Agricultural Economics Association.
    14. McCann, Laura & Colby, Bonnie & Easter, K. William & Kasterine, Alexander & Kuperan, K.V., 2005. "Transaction cost measurement for evaluating environmental policies," Ecological Economics, Elsevier, vol. 52(4), pages 527-542, March.
    15. Jones, DeDe & Mayfield, Gid, 2012. "Analyzing the Feasibility of Prairie Dog Hunting in the Northern Texas Panhandle," 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama 119764, Southern Agricultural Economics Association.
    16. Hutchings, Timothy R. & Nordblom, Thomas L., 2011. "A financial analysis of the effect of the mix of crop and sheep enterprises on the risk profile of dryland farms in south-eastern Australia," AFBM Journal, Australasian Farm Business Management Network, vol. 8(1), pages 1-23, October.

    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:saeana:45929. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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/saeaaea.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.