@article{Katchova:61513,
      recid = {61513},
      author = {Katchova, Ani L.},
      title = {An Analysis of the Financial Performance of Beginning  Farmers},
      address = {2010},
      number = {320-2016-10416},
      series = {Selected Paper},
      year = {2010},
      abstract = {This study examines the financial performance and stress  experienced by beginning farmers in the U.S.  Using the  USDA’s ARMS data, probit models are estimated to study the  personal and farm characteristics that affect whether or  not the financial ratios fall into critical zones.  The  results show that older farmers and larger farms are less  likely to experience financial stress while hobby farms and  livestock farms are more likely to experience financial  stress.  The results for beginning farmers indicate fewer  significant effects.  These findings point out the  characteristics that agricultural lenders need to consider  when evaluating farmers’ loans.},
      url = {http://ageconsearch.umn.edu/record/61513},
      doi = {https://doi.org/10.22004/ag.econ.61513},
}