Examining Share Lease Arrangements for Grain Operations in the Texas Panhandle under Changing Market Conditions

Nicole Gueck, DeDe Jones, Jay Yates and Steven Klose

No 45929, 2009 Annual Meeting, January 31-February 3, 2009, Atlanta, Georgia from Southern Agricultural Economics Association

Abstract: This paper examines the profit maximizing share arrangement for both landlords and tenants producing grain in the Texas High Plains (based on risk preference), and determines whether the results are affected by input costs and market prices. Results of the analyses show that tenants and landlords prefer different arrangements in all scenarios. Results also indicate that a tenant would prefer a different lease arrangement in 2008 than in 2005, while the landlord’s preference would remain unchanged.

Keywords: Agribusiness; Agricultural Finance; Farm Management; Financial Economics; Land Economics/Use (search for similar items in EconPapers)
Pages: 18
Date: 2008
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https://ageconsearch.umn.edu/record/45929/files/Ex ... ket%20Conditions.pdf (application/pdf)

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Journal Article: Examining Share Lease Arrangements for Grain Operations in the Texas Panhandle Under Changing Market Conditions (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeana:45929

DOI: 10.22004/ag.econ.45929

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