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Factors Which Contribute To The Financial Performance Of Selected Tennessee Dairies

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  • Haden, Kimberly L.
  • Johnson, Larry A.
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    Abstract

    The objective of this study was to identify factors which contributed to the financial performance of 81 selected dairy farms in Tennessee. The study analyzes several measures of financial performance including cash farm income, net farm income, and returns to operator labor and management. Regressions with ten explanatory variables were used to determine factors that explained the variation in the measures of financial performance. Production per cow, number of cows, price received for milk, forage costs, and level of debt use appeared to influence financial performance.

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    File URL: http://purl.umn.edu/30171
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    Bibliographic Info

    Article provided by Southern Agricultural Economics Association in its journal Southern Journal of Agricultural Economics.

    Volume (Year): 21 (1989)
    Issue (Month): 01 (July)
    Pages:

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    Handle: RePEc:ags:sojoae:30171

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    Web page: http://www.saea.org/jaae/jaae.htm
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    Related research

    Keywords: Farm Management;

    References

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    1. Kauffman, Jonas B., III & Tauer, Loren W., 1986. "Successful Dairy Farm Management Strategies Indentified By Stochastic Dominance Analyses Of Farm Records," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 15(2), October.
    2. Tauer, Loren W. & Belbase, Krishna P., 1987. "Technical Efficiency Of New York Dairy Farms," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 16(1), April.
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    Cited by:
    1. Jeffrey Hyde & Lisa Holden & Richard Stup, 2008. "The Effect of Human Resource Management Practices on Farm Profitability: An Initial Assessment," Economics Bulletin, AccessEcon, vol. 17(12), pages 1-10.
    2. Foreman, Linda F. & Livezey, Janet S., 2003. "Factors Contributing To Financially Successful Southern Rice Farms," 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama 35215, Southern Agricultural Economics Association.
    3. repec:ebl:ecbull:v:17:y:2008:i:12:p:1-10 is not listed on IDEAS
    4. Jack, Kevin E. & Knoblauch, Wayne A. & Novakovic, Andrew M., 1992. "Characteristics and Performance of New York Dairy Farms," Research Bulletins 123084, Cornell University, Department of Applied Economics and Management.
    5. El-Osta, Hisham S. & Morehart, Mitchell J., 1999. "Technology Adoption Decisions In Dairy Production And The Role Of Herd Expansion," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 28(1), April.
    6. Joo, Hyunjeong & Khanal, Aditya R. & Mishra, Ashok K., 2013. "Farmers’ Participation in Agritourism: Does It Affect the Bottom Line?," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 42(3), December.
    7. El-Osta, Hisham S. & Mishra, Ashok K., 2005. "Dimensions of Wealth Dispersion Among Farm Operator Households: An Assessment of the Impact of Farm Subsidies," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(01), April.
    8. Winsten, Jonathan R. & Parsons, Robert L. & Hanson, Gregory D., 2000. "A Profitability Analysis Of Dairy Feeding Systems In The Northeast," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 29(2), October.

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