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Comparative Financial Characteristics of U.S. Farms by Type, 2005

Author

Listed:
  • Chavez, Eddie C.
  • Dixon, Bruce L.
  • Ahendsen, Bruce L.
  • Wailes, Eric J.

Abstract

This study presents and analyzes the mean financial characteristics of different types of crop and livestock farms in the U.S. in 2005. The eighteen farm types are: poultry, beef cattle, hogs, dairy, general livestock, general cash grain, wheat, corn, soybean, grain sorghum, rice, tobacco, cotton, peanut, general crop, fruits and tree nuts, vegetables, and nursery and greenhouse. Significant, two-way statistical differences in mean farm income statement and farm balance sheet variables are highlighted. Results provide a general indication of the comparative profitability, liquidity, solvency, and financial efficiency of different types of U. S. crop and livestock farms.

Suggested Citation

  • Chavez, Eddie C. & Dixon, Bruce L. & Ahendsen, Bruce L. & Wailes, Eric J., 2009. "Comparative Financial Characteristics of U.S. Farms by Type, 2005," Staff Papers 55780, University of Arkansas, Department of Agricultural Economics and Agribusiness.
    • Handle: RePEc:ags:uarksp:55780
    DOI: 10.22004/ag.econ.55780
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    References listed on IDEAS

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    1. Turvey, Calum G. & Ellinger, Paul N., 2002. "A Comparative Study of the Financial Performance of Grain and Oilseed Farms in Ontario and Illinois," 2002 Regional Committee NC-221, October 7-8, 2002, Denver, Colorado 132376, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    2. Turvey, Calum & Ellinger, Paul, 2002. "Financing Agriculture and Rural America: Issues of Policy, Structure and Technical Change: A Comparative Study of the Financial Performance of Grain and Oilseed Farms in Ontario and Illinois," Econ Pamphlets 298022, South Dakota State University, Department of Economics.
    3. Dubman, Robert, 2000. "Variance Estimation With USDA's Farm Costs and Returns Surveys and Agricultural Resource Management Study Surveys," Staff Reports 276685, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Bruce L. Ahrendsen & Ani L. Katchova, 2012. "Financial ratio analysis using ARMS data," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 72(2), pages 262-272, July.

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    Keywords

    Agricultural Finance; Production Economics;

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