Profits, Costs, and the Changing Structure of Dairy Farming by Economic Research Service (Ers), United

Profits, Costs, and the Changing Structure of Dairy Farming (Paperback) (ISBN-13: 9781249209133)

Vendor: United Economic Research Service (Ers)
Product type: Books
Format: Paperback
$15.75
$15.75
$15.75
Subtotal: $15.75
Profits, Costs, and the Changing Structure of Dairy Farming by Economic Research Service (Ers), United

Profits, Costs, and the Changing Structure of Dairy Farming

$15.75
Profits, Costs, and the Changing Structure of Dairy Farming by Economic Research Service (Ers), United

Profits, Costs, and the Changing Structure of Dairy Farming

$15.75
Format: Paperback
Description
Description
x
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.

Author: United Economic Research Service (Ers), James MacDonald, Erik O'Donoghue
ISBN-10: 1249209137
ISBN-13: 9781249209133
Publisher: Bibliogov
Language: English
Published: 07/26/2012
Pages: 44
Format: Paperback
Weight: 0.21lbs
Size: 9.69h x 7.44w x 0.09d

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