AAEA members release research in AJAE
MILWAUKEE, Sept. 23, 2025 /PRNewswire-PRWeb/ -- New research offers key insights into how social factors may interact with farm business performance.
In the article "Minority Farmer and Rancher Delinquency and Local Cultural Climate: Evidence from Farm Service Agency's County Office Committees" published in the American Journal of Agricultural Economics, Lawson Connor, Bruce Ahrendsen, and Logan Moss from the University of Arkansas with Charles Dodson retired from the USDA use the share of minority farmers on the U.S. Department of Agriculture (USDA) Farm Service Agency County Office Committee (COC) as a proxy for social connectedness of the local minority farm population to answer whether social factors play a role in explaining higher delinquency rates of minority farmers and ranchers.
The authors say, "We find that MFR representation on the COC is associated with a lower probability of MFR delinquency by roughly 10 percentage points. With the probability of delinquency also being about 10 percentage points higher among MFR, the effect represents a significant improvement in loan repayment outcomes for the group. Moreover, we find that this benefit is largely experienced by two, Black and American Indian, of the three groups that have previously been found to have higher delinquency rates."
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ABOUT AAEA: Established in 1910, the Agricultural & Applied Economics Association (AAEA) is the leading professional association for agricultural and applied economists, with 2,500 members in more than 60 countries. Members of the AAEA work in academic or government institutions as well as in industry and not-for-profit organizations, and engage in a variety of research, teaching, and outreach activities in the areas of agriculture, the environment, food, health, and international development. The AAEA publishes three journals, the Journal of the Agricultural and Applied Economics Association (an open access journal), the American Journal of Agricultural Economics and Applied Economic Perspectives & Policy, as well as the online magazine Choices and the online open access publication series Applied Economics Teaching Resources. To learn more, visit http://www.aaea.org.
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Allison Ware, Agricultural & Applied Economics Association, 414-918-3190, [email protected], www.aaea.org
SOURCE Agricultural & Applied Economics Association
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