Off-campus South Dakota State University users: To download campus access theses, please use the following link to log into our proxy server with your South Dakota State University ID and password.

Non-South Dakota State University users: Please talk to your librarian about requesting this thesis through interlibrary loan.

Effects of Tenure, Leverage, and Farm Commodity Program Participation on Farm Firm Survival and Growth in South Dakota

Grant Allen Washnok

Abstract

The purpose of this study is to show through simulation the conditions of survivability and financial growth for farm firms in South Dakota. The study attempts to show what effect the relationship of owning versus leasing land has on survivability and financial growth. This study also looks at the effects of different debt levels on the farm firm’s survivability and financial growth. The effect of Federal farm commodity programs on different farm ownership and debt scenario is also examined. Some key questions that this study attempts to answer are: 1. What effect does different levels of financial leverage and land ownership/rental have on farm firm survival and financial growth in South Dakota in the projected macroeconomic policy environment of the 1990’s? 2. How do Federal farm commodity programs affect the financial growth and survival of representative farm firms in South Dakota? 3. What strategies can be used to increase survivability and financial growth of farm firms in South Dakota?