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Dairy Animal Ratios From Michigan Annual Financial Analyses

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  • Nott, Sherrill B.

Abstract

Year end financial analyses from 158 Michigan dairy farms for 2001 were studied to see if useful information about numbers of animals could be derived. It was found that 121 farms had records adequate to calculate turn over and cull rates. The average turn over rate for cows averaged 37 %. The median turn over rate was 35 %. The turn over rate exceeded 42 % on 30 % of the farms. A scatter diagram indicated lower turn over rates might be weakly associated with net farm income per cow. About 8 % of the farms had problems in reporting bull calf sales or other disposition. Nearly 11 % of the farms appeared to not be actually making animal counts at year end.

Suggested Citation

  • Nott, Sherrill B., 2003. "Dairy Animal Ratios From Michigan Annual Financial Analyses," Staff Papers 11478, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  • Handle: RePEc:ags:midasp:11478
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    File URL: http://purl.umn.edu/11478
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    References listed on IDEAS

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    1. Hueth, Brent & Ligon, Ethan & Wolf, Stephen & Wu, Steven, 1999. "Incentive Instruments in Agricultural Contracts: Input Control, Monitoring, Quality Measurement, and Price Risk," Staff General Research Papers Archive 5237, Iowa State University, Department of Economics.
    2. Eswaran, Mukesh & Kotwal, Ashok, 1985. "A Theory of Contractual Structure in Agriculture," American Economic Review, American Economic Association, vol. 75(3), pages 352-367, June.
    3. Mark M. Pitt & Shahidur R. Khandker, 1998. "The Impact of Group-Based Credit Programs on Poor Households in Bangladesh: Does the Gender of Participants Matter?," Journal of Political Economy, University of Chicago Press, vol. 106(5), pages 958-996, October.
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