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Please use this identifier to cite or link to this item: http://purl.umn.edu/56223

Title: 2008 Michigan Dairy Farm Business Analysis Summary
Authors: Wittenberg, Eric
Wolf, Christopher A.
Authors (Email): Wittenberg, Eric (wittenbe@msu.edu)
Wolf, Christopher (wolfch@msu.edu)
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
Issue Date: 2009-10
Series/Report no.: Dept. of Agricultural, Food, and Resource Economics>Staff Paper Series
2009-08
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.
URI: http://purl.umn.edu/56223
Institution/Association: Michigan State University>Department of Agricultural, Food, and Resource Economics>Staff Paper Series
Total Pages: 65
Collections:Staff Paper Series

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