Profits, Costs, and the Changing Structure of Dairy Farming - Couverture souple

MacDonald, James; O'Donoghue, Erik

 
9781249209133: Profits, Costs, and the Changing Structure of Dairy Farming

Synopsis

U.S. dairy production is consolidating into fewer but larger farms. This report uses data from several USDA surveys to detail that consolidation and to analyze the financial drivers of consolidation. Specifically, larger farms realize lower production costs. Although small dairy farms realize higher revenue per hundredweight of milk sold, the cost advantages of larger size allow large farms to be profitable, on average, even while most small farms are unable to earn enough to replace their capital. Further survey evidence, as well as the financial data, suggest that consolidation is likely to continue.

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Autres éditions populaires du même titre

9781249365570: Profits, Costs, and the Changing Structure of Dairy Farming

Edition présentée

ISBN 10 :  1249365570 ISBN 13 :  9781249365570
Couverture souple