Representative Farms Economic Outlook for the January 2009 FAPRI/AFPC

Under the January 2009 Baseline, 34 of the 64 crop farms are considered in good liquidity condition (less than a 25 percent chance of negative ending cash by 2014). Four crop farms have between a 25 percent and a 50 percent likelihood of negative ending cash. The remaining 26 crop farms have greater...

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Bibliographic Details
Published in:Policy File 2009
Main Authors: Richardson, James W, Outlaw, Joe L, Knapek, George M, Raulston, J Marc, Herbst, Brian K, Anderson, David P, Bryant, Henry L, Klose, Steven L, Zimmel, Peter
Format: Report
Language:English
Subjects:
Agricultural and Food Policy Center, Texas A and M University
Agriculture
Economic policy
Online Access:Request full text
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Summary:Under the January 2009 Baseline, 34 of the 64 crop farms are considered in good liquidity condition (less than a 25 percent chance of negative ending cash by 2014). Four crop farms have between a 25 percent and a 50 percent likelihood of negative ending cash. The remaining 26 crop farms have greater than a 50 percent chance of negative ending cash. Additionally, 35 of the 64 crop farms are considered in good equity position (less than a 25 percent chance of decreasing real net worth during the study period). Nine crop farms have between a 25 percent and 50 percent likelihood of losing real net worth, and 20 crop farms have greater than a 50 percent probability of decreasing real net worth.