IDEAS home Printed from https://ideas.repec.org/p/ags/saea10/56440.html
   My bibliography  Save this paper

Relative Profitability of Dairy Farms in a High Feed Cost Environment

Author

Listed:
  • Herbst, Brian K.
  • Anderson, David P.
  • Outlaw, Joe L.
  • Richardson, James W.

Abstract

This study will examine the competitive advantages that exist under current conditions. Representative dairies are used to simulate the financial impacts of the different feeding practices and compared to those a few years ago. The results indicate that the dairies the raise a majority of their feed saw a decrease in their cost to receipts ratio while dairies that purchase a majority of their feed saw an increase in their cost to receipt ratio.

Suggested Citation

  • Herbst, Brian K. & Anderson, David P. & Outlaw, Joe L. & Richardson, James W., 2010. "Relative Profitability of Dairy Farms in a High Feed Cost Environment," 2010 Annual Meeting, February 6-9, 2010, Orlando, Florida 56440, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea10:56440
    DOI: 10.22004/ag.econ.56440
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/56440/files/Relative%20Profitability%20of%20Dairy%20Farms%20in%20a%20High%20Feed%20Cost%20Enviornment.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.56440?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Richardson, James W. & Outlaw, Joe L. & Anderson, David P. & Sartwelle, James D., III & Feldman, Paul A. & Schumann, Keith D. & Klose, Steven L. & Schwart, Robert B., Jr. & Womack, Abner W., 2001. "Representative Farms Economic Outlook for the December 2003 FAPRI/AFPC Baseline," Working Papers 42720, Texas A&M University, Agricultural and Food Policy Center.
    2. Richardson, James W. & Outlaw, Joe L. & Knapek, George M. & Raulston, J. Marc & Herbst, Brian K. & Fumasi, Roland J. & Anderson, David P. & Bryant, Henry L. & Klose, Steven L. & Zimmel, Peter, 2007. "Representative Farms Economic Outlook for the December 2007 FAPRI/AFPC Baseline," Working Papers 37977, Texas A&M University, Agricultural and Food Policy Center.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Adhikari, Shyam & Knight, Thomas O. & Belasco, Eric J., 2012. "Evaluation of Crop Insurance Yield Guarantees and Producer Welfare with Upward-Trending Yields," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 41(3), pages 1-10, December.
    2. Adhikari, Shyam & Knight, Thomas O. & Belasco, Eric J., 2013. "Yield Guarantees and the Producer Welfare Benefits of Crop Insurance," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(1), pages 1-15, April.
    3. Anderson, David P. & Anderson, John D. & Sawyer, Jason, 2008. "Impact of the Ethanol Boom on Livestock and Dairy Industries: What Are They Going to Eat?," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 40(2), pages 1-7, August.
    4. Behrens, Gesine Maren & Lasner, Tobias & Brinker, Alexander & Schumann, Mark, 2019. "Viability of cork-enriched feed in trout farming: An agri benchmark fish study on innovative aquaculture techniques," Thünen Working Papers 116, Johann Heinrich von Thünen Institute, Federal Research Institute for Rural Areas, Forestry and Fisheries.
    5. Monge, Juan J. & Ribera, Luis A. & Jifon, John L. & Silva, Jorge A. da & Richardson, James W., 2014. "Economics and Uncertainty of Lignocellulosic Biofuel Production from Energy Cane and Sweet Sorghum in South Texas," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 46(4), pages 1-28, November.
    6. Anderson, David P. & Richardson, James W. & Smith, Edward G., 2001. "Post-Freedom to Farm Shifts in Regional Production Patterns," Working Papers 42777, Texas A&M University, Agricultural and Food Policy Center.
    7. Palma, Marco A. & Richardson, James W. & Roberson, Brad E. & Ribera, Luis A. & Outlaw, Joe L. & Munster, Clyde, 2011. "Economic Feasibility of a Mobile Fast Pyrolysis System for Sustainable Bio-crude Oil Production," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(3), pages 1-16, September.
    8. Richardson, James W. & Outlaw, Joe L. & Raulston, J. Marc & Knapek, George M., 2005. "Impacts of Budget Reconciliation on U.S. Crop Producers," 2005 Annual meeting, July 24-27, Providence, RI 19540, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Herbst, Brian K. & Anderson, David P. & Outlaw, Joe L. & Richardson, James W. & Mazurkiewicz, Stephanie, 2014. "Risk Reducing Effects of the Dairy Security Act on Southern Dairies," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162537, Southern Agricultural Economics Association.

    More about this item

    Keywords

    Production Economics;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:saea10:56440. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.