Milk Production: A Four-State Earnings Comparison

Boyd M. Buxton, Tom McGuckin, Roger Selley and Gayle Willet

No 307972, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: The estimated rate of return to investment in new dairy operations is higher in the Southwestern United States than in Minnesota or Washington, assuming 1981 prices and construction and operating costs. This difference comes from lower investment required per cow, more milk produced per cow, and higher milk prices in the Southwest. The report compares the profitability of dairy farming in Minnesota, Arizona, New Mexico, and Washington. Results indicate that the Southwest likely will continue to increase its share of total U.S. milk production.

Keywords: Livestock Production/Industries; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 42
Date: 1985-02
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307972

DOI: 10.22004/ag.econ.307972

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