Date of Award
2019
Publisher
North Dakota State University
Document Type
Thesis
Degree Awarded
Master of Science (MS)
Program
Agribusiness and Applied Economics
Department
Agribusiness and Applied Economics
College
Agriculture, Food Systems and Natural Resources
Faculty Advisor
Hanson, Erik
Description
The agriculture industry has been around for hundreds of years. Although farmers and ranchers work every day to put food on the tables of billions of people from all around the world, most agricultural producers require assistance to finance their operations and continue production. This research is motivated by recent changes in interest rates and the downturn in agricultural commodity prices. This study examines how farm-level financial statements are impacted by changes in interest rates and agricultural commodity market prices. A Monte Carlo simulation is used to model several stochastic variables and derive key financial calculations. This study shows how the financial statements of different agricultural operations change due to factors that are largely beyond the control of agricultural producers.
Recommended Citation
Denk, Ann, "Interest Rate and Commodity Price Impacts on Farm-Level Financials" (2019). Agribusiness and Applied Economics. 9.
https://digitalcommons.ndsu.edu/agribusiness-applied-econ/9
Rights
NDSU policy 190.6.2
Rights Link
https://www.ndsu.edu/fileadmin/policy/190.pdf
Author ORCID Identifier
0000-0001-7927-6357
Handle Identifier
https://hdl.handle.net/10365/31149