Agricultural Finance
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Browsing Agricultural Finance by Subject "budgets"
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Item Open Access Appraising the value of irrigated cropland: considerations in the Lower Arkansas River Basin(Colorado State University. Libraries, 2013-03) Pritchett, James, author; Colorado State University, Department of Agricultural and Resource Economics, publisherAgricultural land values, and the relative importance of individual characteristics in determining these values, is of longstanding interest to economists and of practical importance to agricultural real estate appraisers, loan officers and farm managers. The purpose of this document is to review the basic approaches to agricultural land appraisal, and then apply a subset of these approaches to value native rangeland, pasture, irrigated cropland for the Lower Arkansas River Basin. An imputed value of irrigation water is also discussed. The general methods of appraisal considered in the analysis include the market value and income approaches. Using data from 2005 to 2012, a general finding for irrigated cropland in southeastern Colorado appears to fall in a range of $1,964 to $3,183 per acre. Non-irrigated cropland values range $416 to $528 per acre. The capitalized value of a herd of 70 cow-calf pairs is $58,333 in the absence of a value for the cow asset. Note that these values may understate current market activity that is heavily influence by recent record high commodity prices and drought.Item Open Access Heifer replacement: a decision tool to determine if it is more economical to buy or raise your own replacement heifers(Colorado State University. Libraries, 2017-09) Siefkas, R., author; Bentz, E., author; Blake, K., author; Platt, T., author; Valko, J., author; Hadrich, J., author; Department of Agricultural and Resource Economics, Colorado State University, publisherIn the production cycle of a cow-calf enterprise, the producer will face the decision of replacing their older cows. The producer deciding to replace older cows with heifers has the following options: raise their own replacement heifers, buy open heifers and breed them, or buy bred heifers. The options vary in price, timing, and expense. The tool created is a cost-effective analysis between the three options: buying bred, buying open, or raising their own heifers.