Campus Units

Economics

Document Type

Article

Publication Version

Published Version

Publication Date

2019

Journal or Book Title

Journal of ASFMRA

First Page or Article ID Number

21

Last Page

26

Abstract

The goal of the present study is to describe the evolution of financial liquidity in Iowa farms for 2014–2017, using a unique panel of 220 mid-scale commercial farms. Farms with vulnerable liquidity ratings increased from 33.2 percent in December 2014 to 45.0 percent in December 2017. On average, farms lost $244 of working capital per acre over that period, but farms with vulnerable liquidity ratings in December 2017 lost almost 60 percent more than that, or $388. Average farm size, machinery investment per acre, farm net worth per acre, debt-to-asset ratio, and age of operator were not significantly different across liquidity-rating categories.

Comments

This article is published as A. Plastina. Declining Liquidity in Iowa Farms: 2014–2017. Journal of ASFMRA (2019): 21-26. Posted with permission.

Copyright Owner

American Society of Farm Managers & Rural Appraisers

Language

en

File Format

application/pdf

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