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Factors Contributing to Earnings Success of Cash Grain Farms

Published online by Cambridge University Press:  28 April 2015

Ashok K. Mishra ,
Hisham S. El-Osta  and
James D. Johnson
Ashok K. Mishra
Affiliation:
Economic Research Service, U.S. Department of Agriculture, Washington, DC
Hisham S. El-Osta
Affiliation:
Economic Research Service, U.S. Department of Agriculture, Washington, DC
James D. Johnson
Affiliation:
Economic Research Service, U.S. Department of Agriculture, Washington, DC
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Abstract

The objective of this study was to identify factors which contribute to the earnings' success of cash grain farms in the United States. The study analyzes three measures of success including net farm income per dollar of asset, operators' returns to labor and management, and operators' management income. Logit regression analysis shows that controlling variable costs, ownership, management ability, technology adoption, and diversification are important factors that influence success.

Keywords

cash grainsdiversificationearnings successlogit regression
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 31 , Issue 3 , December 1999 , pp. 623 - 637
Copyright
Copyright © Southern Agricultural Economics Association

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