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Economic Indicators of the Farm Sector: Costs of Production--Livestock and Dairy, 1989

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  • Commodity Economics Division, Economic Research Service

Abstract

Cost-of-production increases for dairy and other livestock enterprises ranged from 1.4 percent for cow-calf operations to 3.5 percent for dairies in 1989. These increases, however, were smaller than the substantial increases in 1988. Tight grain and forage supplies continued in 1989 and kept feed prices high. Despite higher feed costs and other production expenses, net cash returns for milk and beef cattle enterprises improved in 1989. Returns for sheep and hog operations continued to decline for the second consecutive year.

Suggested Citation

  • Commodity Economics Division, Economic Research Service, 1990. "Economic Indicators of the Farm Sector: Costs of Production--Livestock and Dairy, 1989," Miscellaneous Publications 410232, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:410232
    DOI: 10.22004/ag.econ.410232
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