Allen Featherstone

Finance, Macroeconomics, Production Economics
Department Head, Professor, and Director of Master in Agribusiness program

Kansas State University

Allen M. Featherstone was appointed at Kansas State in 1986 and now serves as department head.  As a leading agriculture finance scholar, he has studied land markets, investment decisions, mergers in the financial services industry, the probability of agricultural loan default and loan loss severity, the influence of taxes on farmland, and alternative federal tax systems. His production economics research has investigated issues such as ground water allocation in irrigated crop production, comparison of returns under alternative tillage systems, the costs of risk, interactions of weather soils, and management on corn yields, analysis of the returns to farm equity and assets, and analysis of the optimizing behavior of Kansas farmers, examining the stability of estimates using duality, and examining the application of a new functional forms for estimating production relationships.

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341B Waters Hall Manhattan , KS  66506
Phone: (785) 532-4441
Fax: 785.532.6925
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Documents & Presentations by Allen Featherstone
Title Date Downloads
Ex-Post Analysis of the IHME COVID-19 Forecasting Model
Audio only: click HERE

April 7, 2020
Agricultural Landlord Net Income Under Alternative Tax Computation Methods February 13, 2020
A Preliminary Estimate of 2019 Enterprise Profitability February 6, 2020
Navigating Rough Waters

K-State​ agricultural economists Allen Featherstone and Mykel Taylor talk about their new article on the state of the Kansas farm economy, entitled "Navigating Rough Waters". They discuss the factors that are most greatly influencing the economic condition of production agriculture currently...most notably, land value trends and very modest improvements in net farm income the last couple of years and their thoughts on how 2020 might shape up economically for Kansas producers.

January 30, 2020
The Kansas Farm Economy: Navigating Rough Waters January 21, 2020
4. Agricultural Trade - The Long View August 1, 2019
6. The Farm Financial Situation August 1, 2019
Calculating Landlord Net Income and Kansas House Bill 2293

Excerpts from a recent webinar by professor and head of Kansas State University’s Department of Agricultural Economics, Allen Featherstone, regarding the process for calculating the landlord net income for property tax computations and when agricultural landlord net income may begin to fall, as well as discussion of  three scenarios and the possible impact of House Bill 2293, which was introduced – but not acted upon – in the last Kansas legislative session.

July 11, 2019
Agricultural Net Income Situation for Property Tax Calculations Webinar: Recording and Slides

Allen Featherstone discusses the process for calculating the landlord net income for property tax computations and provides information with regard to when agricultural landlord net income may begin to fall. Given net farm income, the divergence between use value net farm income and the net incomes received by farmers continues to be an item of discussion. There is also some discussion on looking at how net income would follow farm income if the eight year average of the eight year averages was modified. Leah Tsoodle assists with the information presented.

July 2, 2019
2. The Farm Financial Situation August 1, 2018