A PROFITABILITY ANALYSIS OF DAIRY FEEDING SYSTEMS IN THE NORTHEAST

Jonathan R. Winsten, Robert L. Parsons and Gregory D. Hanson

Agricultural and Resource Economics Review, 2000, vol. 29, issue 2, 9

Abstract: This study analyzes the use and profitability of three distinct feeding systems; confinement feeding, traditional grazing, and management-intensive grazing from a randomly selected sample of northeastern dairy farms. The confinement feeding farms were significantly larger and produced more milk per cow, while the farms using management-intensive grazing incurred the lowest production costs. Both confinement feeding and management-intensive grazing generated significantly higher rates of return to farm assets relative to farms using a mixed system. Multiple regression analysis confirms the critical importance of herd size, milk production per cow, debt level and veterinary expenses to farm profitability in all production systems.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 2000
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:31299

DOI: 10.22004/ag.econ.31299

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