Farm Credit Administration Annual Report 1986 Classic Reprint

Excerpt from Farm Credit Administration Annual Report, 1986 We are pleased to submit the Annual Report of the Farm Credit Administration fer the calendar year 1986. This report is made in accordance with Section (3) of the Farm Credit Act of 1971, as amended. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Annual Report, Farm Credit Administration, 1989 There are now reasons for cautious optimism with respect to the condition of the Farm Credit System. Its institutions reported combined earnings of $605 million for 1989, and a significant improvement in loan quality was evident. Marked declines were noted in nonaccrual and high risk loans, as well as in acquired properties. The level of these assets, however, remains relatively high and poses a degree of risk. Improved farm income and collateral values have facilitated the efforts of system institutions in working out troubled loans. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This book presents the basic model of an agricultural household that underlies most of the case studies undertaken so far. The model assumes that households are price-takers and is therefore recursive. The decisions modeled include those affecting production and the demand for inputs and those affecting consumption and the supply of labor. Comparative results on selected elasticities are presented for a number of economies. The empirical significance of the approach is demonstrated in a comparison of models that treat production and consumption decisions separately and those in which the decisionmaking process is recursive. The book summarizes the implications of agricultural pricing policy for the welfare of farm households, marketed surplus, the demand for nonagricultural goods and services, the rural labor market, budget revenues, and foreign exchange earnings. In addition, it is shown that the basic model can be extended in order to explore the effects of government policy on crop composition, nutritional status, health, saving, and investment and to provide a more comprehensive analysis of the effects on budget revenues and foreign exchange earnings. Methodological topics, primarily the data requirements of the basic model and its extensions, along with aggregation, market interaction, uncertainty, and market imperfections are discussed. The most important methodological issues - the question of the recursive property of these models - is also discussed.

When Archibald Liversidge first arrived at Sydney University in 1872 as reader in Geology and Assistant in the Laboratory he had about ten students and two rooms in the main building. In 1874 he became professor of geology and mineralogy and by 1879 he had persuaded the senate to open a faculty of science. He became its first dean in 1882. In 1880 he visited Europe as a trustee of the Australian Museum and his report helped to establish the Industrial, Technological and Sanitary Museum which formed the basis of the present Powerhouse Museum's collection. Liversidge also played a major role in the setting up of the Australasian Association for the Advancement of Science which held its first congress in 1888. For anyone interested in Archibald Liversidge, his contribution to crystallography, mineral chemistry, chemical geology, strategic minerals policy and a wider field of colonial science.