MEASURING THE RISKS OF NEW YORK DAIRY FARMERS

Todd Schmit, Richard N. Boisvert and Loren W. Tauer

No 21549, 1999 Annual meeting, August 8-11, Nashville, TN from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Decomposition methods suggest major contributors to variability in returns to New York dairy farms are purchased feed quantities and milk production; milk price variability contributes substantially less. Decomposing the Gini measure of income inequality indicates that milk revenues and purchased feed expenditures contribute most to farm return inequality over time.

Keywords: Industrial Organization; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 15
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea99:21549

DOI: 10.22004/ag.econ.21549

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