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Successful Dairy Farm Debt Management Strategies

Author

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  • Kauffman, Jonas B. III
  • Tauer, Loren

Abstract

Stochastic dominance was used to group 112 dairy farms based upon 10 years of returns to equity capital. Debt strategies of farms partitioned by first-degree stochastic dominance were similar. Second-degree efficient farms were consistently less indebted. Compared to 1974-1978, debt management during 1979-1983 was more important for high return rates.

Suggested Citation

  • Kauffman, Jonas B. III & Tauer, Loren, 1985. "Successful Dairy Farm Debt Management Strategies," Staff Papers 185991, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cudasp:185991
    DOI: 10.22004/ag.econ.185991
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    Keywords

    Livestock Production/Industries;

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