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2008 Michigan Dairy Farm Business Analysis Summary

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  • Wittenberg, Eric
  • Wolf, Christopher A.

Abstract

This report summarizes the financial and production records of 116 dairy farms from throughout Michigan in 2008. To be included, the farms must have produced at least 50 percent of gross cash farm income from milk and dairy animal sales. The records came from Michigan State University’s TelFarm project and the Farm Credit Service system in Michigan. The values were pooled into averages for reporting purposes. The farms are larger than would be the average dairy farm in Michigan. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follows.

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File URL: http://purl.umn.edu/56223
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Bibliographic Info

Paper provided by Michigan State University, Department of Agricultural, Food, and Resource Economics in its series Staff Papers with number 56223.

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Date of creation: Oct 2009
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Handle: RePEc:ags:midasp:56223

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Postal: Justin S. Morrill Hall of Agriculture, 446 West Circle Dr., Rm 202, East Lansing, MI 48824-1039
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Web page: http://www.aec.msu.edu/agecon/
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Related research

Keywords: Dairy; Analysis; Farm Analysis; Costs per Hundredweight; Characteristics of Herd Size; ROE; ROA; OPM; ATR; Cash Flow; Market Value; Cost Value; Farm Income Statement; Inventory Change; Depreciation; Profitability; Agribusiness; Agricultural Finance; Farm Management; Livestock Production/Industries; Production Economics;

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