...Stephen E. Miller A survey of textbooks from agricultural economics and finance reveals agreement among the texts that the lease versus purchase decision should be based on a comparison of the present values of the after‐tax cash flows associated with leasing versus purchasing. However, the texts...

...Narda L. Sotomayor; Paul N. Ellinger; Peter J. Barry The leasing market for Midwestern farmland is experiencing greater reliance on cash versus share leases and increased competition for leased acreage. This study identifies significant factors associated with the use of cash leases relative...