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Abstract
This report is based on FINPACK FinAn business analyses through MSU Extension participating farms. It is a gauge of the financial performance of Michigan farms completing the analysis. The Farm Business Summaries are divided into three Whole Farm Analyses subsets: 1) All Participating Farms - Whole Farm Report 2) Crop Farms Only – Whole Farm Report 3) Dairy Farms Only – Whole Farm Report There are also “cost of production” enterprise reports for corn, soybeans and winter wheat. Farms are included as “crop” or “dairy” if over 70% of their gross farm income comes from their crop sales or milk sales/dairy cattle sales, respectively