Comparative performance of southern plains and US farm businesses

Aditi K. Angirasa, Bob Davis and David E. Banker
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Aditi K. Angirasa: Department of Agriculture, Southwest Texas State University, San Marcos, Texas, Postal: Department of Agriculture, Southwest Texas State University, San Marcos, Texas
Bob Davis: Department of Agriculture, Southwest Texas State University, San Marcos, Texas, Postal: Department of Agriculture, Southwest Texas State University, San Marcos, Texas
David E. Banker: Agricultural Economist, US Department of Agriculture, Washington, DC, Postal: Agricultural Economist, US Department of Agriculture, Washington, DC

Agribusiness, 1993, vol. 9, issue 4, 363-375

Abstract: The comparative financial performance of Southern Plains and US farm businesses was analyzed for the 1987-1989 period. The results showed no significant differences between the profitability ratios of the two groups of farms, except in the $40,000 to $249,999 sales class, where US farms performed at a higher level in two of the three years studied. In both groups, farms with gross sales of $250,000 or more had significantly higher profitability ratios among the three sales classes analyzed. The intergroup or interclass differences in performance were due primarily to the differences in efficiency and|or the leverage position of the farms. © 1993 John Wiley & Sons, Inc.

Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:9:y:1993:i:4:p:363-375

DOI: 10.1002/1520-6297(199307)9:4<363::AID-AGR2720090407>3.0.CO;2-X

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