Financial stress in Iowa farms: 2014–2016

dc.contributor.author Plastina, Alejandro
dc.contributor.author Plastina, Alejandro
dc.date 2018-08-13T17:04:46.000
dc.date.accessioned 2020-06-30T04:45:54Z
dc.date.available 2020-06-30T04:45:54Z
dc.date.issued 2017-12-01
dc.description.abstract <p>Iowa farm financial conditions have deteriorated since 2012, but average indicators of liquidity and solvency remain close to their long-term levels. However, average financial measures mask the variability across farms. This article tracks the evolution of financial stress in Iowa farms using a panel of financial statements for 273 farms collected by the Iowa Farm Business Association (IFBA). The share of financially stressed farms (vulnerable liquidity or solvency ratings) increased from 38 percent in December 2014 to 47 percent in December 2016. On average, farms lost $180 per acre of working capital over that period, but farms with vulnerable liquidity ratings lost almost twice that amount. Iowa State University Extension and Outreach makes available a number of resources free of charge to help farmers with their farm financial planning.</p>
dc.identifier archive/lib.dr.iastate.edu/icm/2017/proceedings/33/
dc.identifier.articleid 1282
dc.identifier.contextkey 11173843
dc.identifier.doi https://doi.org/10.31274/icm-180809-260
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath icm/2017/proceedings/33
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/44146
dc.relation.ispartofseries Proceedings of the Integrated Crop Management Conference
dc.source.bitstream archive/lib.dr.iastate.edu/icm/2017/proceedings/33/ICM_2017_33.pdf|||Fri Jan 14 23:38:10 UTC 2022
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Agricultural Economics
dc.subject.disciplines Economics
dc.title Financial stress in Iowa farms: 2014–2016
dc.type event
dc.type.genre event
dspace.entity.type Publication
relation.isAuthorOfPublication f096925a-210f-4f4e-b673-77753b523195
relation.isSeriesOfPublication a6494274-4b7d-4cb6-a3ef-de862ab57a21
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