Investment Analysis of Alternative Dairy Systems under MILC

Phillip R. Eberle, Darren E. Moody, C. Matthew Rendleman and William C. Peterson

No 35559, 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas from Southern Agricultural Economics Association

Abstract: Three dairy systems, 120-cow grazing, 120-cow conventional, and 600-cow concentrated, were evaluated by internal rate of return (IRR) accounting for the Milk Income Loss Contract (MILC). With MILC, the grazing and conventional systems had higher IRRs. Without MILC, the 600-cow dairy had the highest IRR. Results were sensitive to assumptions.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 17
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeafl:35559

DOI: 10.22004/ag.econ.35559

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