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Economic Viability of Investing in Alternative Part-Time Cow-Calf Farms in the Northeastern United States

Author

Listed:
  • Milligan, Robert A.
  • Nowak, Caroline J.
  • Knoblauch, Wayne A.
  • Fox, Danny G.

Abstract

Cow-calf enterprises in the Northeastern United States are generally small and often the only agricultural enterprise of families with large off-farm incomes . In this paper, the economic viability of cow-calf enterprises to these investors is considered using a representative farm/economic engineering approach. Investments in farm real estate that is characterized by limited capability soil resources are found to yield negative labor and management incomes but to be economically viable when change in net worth and present value of family after-tax income are considered.

Suggested Citation

  • Milligan, Robert A. & Nowak, Caroline J. & Knoblauch, Wayne A. & Fox, Danny G., 1984. "Economic Viability of Investing in Alternative Part-Time Cow-Calf Farms in the Northeastern United States," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 13(1), pages 1-8, April.
    • Handle: RePEc:ags:nareaj:159259
    DOI: 10.22004/ag.econ.159259
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