Structure, Management, and Performance Characteristics of Specialized Dairy Farm Businesses in the United States
by Sara D Short
Agricultural Handbook No. (AH-720) 60 pp, October 2000
The U.S. dairy industry faces a changing government policy environment in the year 2000. Milk producers are struggling, and will continue to struggle, to adjust to markets that are more dependent on the forces of supply and demand. Data from the 1993-95 Farm Costs and Returns Surveys and the 1996 Agricultural Resource Management Study show that dairy farm businesses in general did a fairly good job of meeting short-term debt, generating returns, and meeting long-term debt from 1993 to 1996. The analysis indicates that farm management strategies will play an important role in determining the overall profitability of a dairy farm business as Government supports decline. However, the 1996 data suggest that changes in management techniques are adopted slowly.
Keywords: Dairy farm businesses, structure, management, performance, characteristics
In this publication...
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Title page, Contents, Summary, Pdf file 15 kb
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Introduction, Pdf file 12 kb
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Approach to Analysis, Pdf file 3 kb
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Data Sources, Pdf file 4 kb
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Economic Structure, Pdf file 7 kb
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Financial Structure, Pdf file 27 kb
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Dairy Farm Management Decisions, Pdf file 22 kb
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Distribution of Profits, Pdf file 15 kb
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Conclusions, Pdf file 4 kb
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References, Pdf file 10 kb
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Glossary, Pdf file 4 kb
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Appendix A: Definition of Financial Ratios, Pdf file 5 kb
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Appendix B: Statistical Procedures, Pdf file 18 kb
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Appendix Tables, Pdf file 60 kb
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Entire Report, Pdf file 192 kb
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