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- W1560528446 abstract "Determining what to pay for cash rental rates is a big problem for most farmers. Typically, crop budgets are used for this decision. However, problems arise from this approach because the average revenue contained in the budget is often not the true marginal revenue. Farm size differences certainly affect the average and thus the marginal revenue. This paper calculates the true marginal revenue per acre so that a better estimate can be made of the cash rental rate. Farm analysis data is used to calculate the total revenue per acre. The first derivative then gives the marginal revenue." @default.
- W1560528446 created "2016-06-24" @default.
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- W1560528446 date "2003-01-01" @default.
- W1560528446 modified "2023-09-27" @default.
- W1560528446 title "What Should Farmers Pay for Cash Rents" @default.
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