Structure, Management, and Performance Characteristics of Specialized Dairy Farm Businesses in the United States
- by Sara D. Short
- 10/27/2000
Overview
The U.S. dairy industry faces a changing government policy environment in the year 2000. Milk producers are struggling, and will continue to struggle, to adjust to markets that are more dependent on the forces of supply and demand. Data from the 1993-95 Farm Costs and Returns Surveys and the 1996 Agricultural Resource Management Study show that dairy farm businesses in general did a fairly good job of meeting short-term debt, generating returns, and meeting long-term debt from 1993 to 1996. The analysis indicates that farm management strategies will play an important role in determining the overall profitability of a dairy farm business as Government supports decline. However, the 1996 data suggest that changes in management techniques are adopted slowly.
Download
-
Entire report
Download PDF -
Title page, Contents, Summary
Download PDF -
Introduction
Download PDF -
Approach to Analysis
Download PDF -
Data Sources
Download PDF -
Economic Structure
Download PDF -
Financial Structure
Download PDF -
Dairy Farm Management Decisions
Download PDF -
Distribution of Profits
Download PDF -
Conclusions
Download PDF -
References
Download PDF -
Glossary
Download PDF -
Appendix A: Definition of Financial Ratios
Download PDF -
Appendix B: Statistical Procedures
Download PDF -
Appendix Tables
Download PDF