This study examines credit score migration rates of farm businesses. We test whether migration probabilities differ across business cycles. Our results suggest that agricultural credit ratings are more likely to improve during expansions and deteriorate during recessions. We also test whether agricultural credit ratings depend on the previous period migration trends. Our results show that credi...

The paper investigated farm information systems use among grasscutter farmers in Ga-South and Awutu-Senya District in Ghana. Using frequency, cross tabulations and binary logit model in Statistical Package for Social Sciences (SPSS) version 18, the study made some findings. Grasscutter farmers in the study area are ageing. They operate on small scale with males dominating the enterprise. The ge...

The impact of the introduction of EU Single Area Payments (SAP) on farm expansion strategy in Lithuania is investigated, utilizing farm accounting and survey data. The introduction of the SAP has a positive influence on farmers’ intentions to expand their area compared to a baseline scenario of the hypothetical continuation of pre-accession policy. The switch in policy has a more pronounced eff...

One of the more significant changes in the variables. Variables found to be significant U. S. agricultural industry in recent years has were: total debt divided by total assets, reabeen the increased use of credit to finance prosonable farm value, total liabilities, marital duction and capital expenditures. Since 1970, status, family living expense as a percentage of outstanding farm debt has m...

The study addresses problems in measuring credit risk under the structure model, and then proposes a seemingly unrelated regression model (SUR) to predict farms’ ability in meeting their current and anticipated obligations in the next 12 months. The empirical model accounts for both the dependence structure and the dynamic feature of the structure model, and is used for estimating asset correla...

This article examines the unequal distribution of credit and credit subsidies in the Brazilian agricultural sector from 1969 to 1990. Total credit subsidies exceeded US$ 40 billion in this period. The distribution across crops is studied econometrically. After controlling for area, the crops that benefited most had superior access to credit institutions, were tradeable, had high prices, and wer...

The study examined the patterns and determinants of agricultural credit use among farming households in Oyo State, Nigeria. The primary data used for the study were obtained from a cross sectional survey of 114 farm households drawn by multi-stage random sampling technique. Both descriptive statistics and multiple regressions were used to analyze the data obtained. The study revealed that 47.4%...

In recent history, it looked to many as if rural financial markets would become dominated by large banks that offered relatively expensive credit to agricultural firms. However, the 1990's have seen a resurgence in smaller banks with a focus on smaller, agricultural producer loans. Moreover, small banks may be more competitive than ever with respect to interest rates. This report outlines some ...

Both informal and formal loans matter in agriculture. However, formal lenders provide much more production loans than informal lenders, often at a cost (mostly loan default cost) higher than what they can recover. For example, the Agricultural Development Bank of Pakistan (ADBP), providing about 90 percent of formal loans in rural areas, incurs high loan default costs. Yet, like other governmen...