Measuring and Analyzing Farm Financial Stress

James Michael Harris, Robert P. Williams, Mitchell J. Morehart, Kenneth W. Erickson and Ashok Mishra ()

No 61528, 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado from Agricultural and Applied Economics Association

Abstract: The financial health of the agricultural economy has been excellent for the past few years, especially with farm income reaching record levels. However, the U.S. economy has experienced a recession and a credit crisis. Although the U.S. farm sector has been mostly shielded from the economic downturn, farm financial stress is still possible under current conditions. Are some U.S. farm businesses, especially those with term debt, poised to experience significant financial stress in 2010? We use the Agricultural Resource Management Survey (ARMS), sponsored jointly by USDA’s Economic Research Service (ERS) and National Agricultural Statistical Service, to help answer this question.

Keywords: Agricultural Finance; Financial Economics (search for similar items in EconPapers)
Pages: 8
Date: 2010
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea10:61528

DOI: 10.22004/ag.econ.61528

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