IDEAS home Printed from https://ideas.repec.org/p/ags/uerssr/277937.html
   My bibliography  Save this paper

Farm Equipment Leasing: A New Financial Strategy

Author

Listed:
  • Serletis, William S.

Abstract

For farmers with high debt/asset ratios, leasing is an attractive option for securing the use of farm machinery. Under the current tax laws, financial leasing carries lower after-tax costs than loan-purchasing. By size, farms with over $500,000 in sales had the highest proportion of U.S. expenditures for farm equipment leasing. By region, the Pacific States, Corn Belt, Delta-Southern Plains, and Northern Plains regions accounted for the largest proportion of expenditures. By farm type, cash grain, dairy, general livestock, and field-general crop farms recorded the largest proportion.

Suggested Citation

  • Serletis, William S., 1987. "Farm Equipment Leasing: A New Financial Strategy," Staff Reports 277937, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssr:277937
    DOI: 10.22004/ag.econ.277937
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/277937/files/ers-report-292.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.277937?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
    ---><---

    References listed on IDEAS

    as
    1. Richardson, James W. & Lemieux, Catharine M. & Nixon, Clair J., 1983. "Entry Into Farming: The Effects Of Leasing And Leverage On Firm Survival," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(2), pages 1-7, December.
    Full references (including those not matched with items on IDEAS)

    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. Leatham, David J. & McCarl, Bruce A. & Richardson, James W., 1987. "Implications of Crop Insurance for Farmers and Lenders," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 19(2), pages 113-120, December.
    2. Massey, Raymond E. & Williams, Joseph E., 1991. "Swine Breeding Systems: A Stochastic Evaluation With Implications For Emerging Technology," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 23(1), pages 1-9, July.
    3. Jack, Kevin E. & Knoblauch, Wayne A. & Novakovic, Andrew M., 1992. "Characteristics and Performance of New York Dairy Farms," Research Bulletins 123084, Cornell University, Department of Applied Economics and Management.
    4. Miller, Thomas A. & Stucker, Thomas A. & Smith, Matthew G. & Krause, Kenneth R. & Harrington, David H., 1985. "The Changing Financial Structure of the U.S. Farm Sector," Working Papers 113074, Colorado State University, Department of Agricultural and Resource Economics.
    5. Reid, Donald W. & Tew, Bernard V. & Aho, Paul W., 1987. "Opportunities For Leasing In The Broiler Industry," 1987 Annual Meeting, August 2-5, East Lansing, Michigan 269974, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Leathan, David J. & Richardson, James W. & McCarl, Bruce A., 1986. "The Crop Insurance Decision: Lenders And Producers Preferences," 1986 Annual Meeting, July 27-30, Reno, Nevada 278115, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Richardson, James W. & Outlaw, Joe L., 2017. "Npr - The Role Of U. S. Safety Net Programs In Incentivizing Farm Growth: A Simulation Approach," 21st Congress, Edinburgh, Scotland, July 2-7, 2017 345821, International Farm Management Association.
    8. Johnson, James William, 1985. "Land prices: changes and variability: the effect on Iowa grain farms," ISU General Staff Papers 1985010108000017533, Iowa State University, Department of Economics.
    9. Clarke, Neville & Bizimana, Jean-Claude & Dile, Yihun & Worqlul, Abeyou & Osorio, Javier & Herbst, Brian & Richardson, James W. & Srinivasan, Raghavan & Gerik, Thomas J. & Williams, Jimmy & Jones, Cha, 2017. "Evaluation of new farming technologies in Ethiopia using the Integrated Decision Support System (IDSS)," Agricultural Water Management, Elsevier, vol. 180(PB), pages 267-279.

    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:uerssr:277937. 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/ersgvus.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.