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Factors Impacting Production and Economic Variability in Traditional Midwest Swine Enterprises

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  • Lawrence, John D.
  • Shaffer, John
  • Hallam, Arne
  • Baas, Thomas J.

Abstract

Traditional swine enterprises report competitive cost of production for the “top one-third”herds.Further analysis shows that individual herds are seldom in the most profitable group every year, and nearly all farms have an occasional good year.While long-run differences exist in cost of production across farms, the wide variability from year to year in efficiency, costs, and returns provides a greater challenge to existing swine enterprises.

Suggested Citation

  • Lawrence, John D. & Shaffer, John & Hallam, Arne & Baas, Thomas J., 1998. "Factors Impacting Production and Economic Variability in Traditional Midwest Swine Enterprises," ISU General Staff Papers 199801010800001563, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:199801010800001563
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    Cited by:

    1. Sanders, Dwight & Altman, Ira J. & Apgar, Gary, 2012. "Determinants of Profitability in Niche Swine Production," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2012, pages 1-12.

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