Valuing Farm Financial Information

Tables 1 and 2 provide summary statistics of selected demographic variables. The data
are broken down into our two general participant groups: the county Extension meetings and the
Top Farmer Crop Workshop (TFCW) participants. The data are broken down since the TFCW
participants are inclined to be more competitive, commercial farmers than average. Data
indicate the TFCW participants had on average 1,500 more acres in crop production and were
more likely to have achieved a higher level of education than county meeting farmers.
Additionally, the vast majority of the study’s participants were male; 100% of the TFCW
participants and 91% of the county meeting participants were male. Finally, the average ages of
the TFCW participants and county meeting participants were 45 and 50 years, respectively.

Table 1. Summary Statistics of Participant Farm Acres by Commodity

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