The evaluation of beginning farmer program financing on Texas corn, cotton, and sorghum operations /
agriculture regardless of financing alternatives.
| Main Author: | |
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| Format: | Thesis eBook |
| Language: | English |
| Published: |
[Place of publication not identified] :
[publisher not identified] ;
1994.
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| Subjects: | |
| Online Access: | Link to OAKTrust copy |
| Summary: | agriculture regardless of financing alternatives. allowing them to achieve higher net income levels, ending net availability of credit and reducing interest expense, thus Brazos and Jackson County farm operations. Measures used to Brazos and Jackson County operations by improving capabilities. Many states have initiated beginning farmer chances of survival greatly decrease making it difficult for chosen to evaluate beginning farmer financing since it commodity price levels may reduce profit margins to a level conventional financing results under this scenario. When the conventional financing. However, decreases in agricultural credit for beginning farmers through lower-cost credit and ending equity position, expected profitability, variation of evaluate the financial performance of the various scenarios expected profitability, loan performance, and probability of failure. FmHA's special beginning farmer operating loan is farmers having difficulty obtaining debt capital from farms incur a decrease in the overall level of prices, their financial assistance programs targeted towards potential financial performance and chances of survival than with FMHA and conventional financing are lower interest costs and have restricted farmers' borrowing and repayment include: expected ending equity position, variability of incorporates common characteristics of the state programs and Increased capital requirements and reduced profit margins is applicable to Texas farmers. The main differences between operating loan financing versus conventional lending on option. The use of FMHA financing results in better reduced principal obligations. The primary objective of this simulation model, ARFSIM, is selected for use in the study. study is to evaluate the effects of beginning farmer survival are increased and overall performance improves. survival. Two sensitivity analyses are also performed. When that limits the sustainability of new entrants in production the availability of funds. The recursive, whole-farm, the operations are supported with non-farm income, chances of the operations to be profitable under either financing The results indicate that FMHA financing benefit both the There are only slight differences between FMHA and traditional sources. Such programs provide easier access to worth levels, credit scores and greater probability of |
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| Item Description: | "Major subject: Agricultural Economics". Vita. |
| Physical Description: | xii, 103 leaves : illustrations ; 28 cm. Also available online. |
| Bibliography: | Includes bibliographical references. |