2005 Michigan Dairy Grazing Farm Business Analysis Summary

Eric Wittenberg and Christopher Wolf ()

No 9311, Staff Paper Series from Michigan State University, Department of Agricultural, Food, and Resource Economics

Abstract: This report summarizes the financial and production records of 11 dairy grazing farms from across Michigan. These 11 farms indicated that they grazed dairy cows at least three months of the year and that grazing provided more than 30 percent of the forage consumed during the year. 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. Farm records were checked for accuracy. While considerable variation in the data exists, average values are reported in the summary tables and discussion that follows.

Keywords: Agricultural Finance; Livestock Production/Industries (search for similar items in EconPapers)
Pages: 18
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ags:midasp:9311

DOI: 10.22004/ag.econ.9311

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