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Milk Production: A Four-State Earnings Comparison

Author

Listed:
  • Buxton, Boyd M.
  • McGuckin, Tom
  • Selley, Roger
  • Willet, Gayle

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.

Suggested Citation

  • Buxton, Boyd M. & McGuckin, Tom & Selley, Roger & Willet, Gayle, 1985. "Milk Production: A Four-State Earnings Comparison," Agricultural Economic Reports 307972, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerser:307972
    DOI: 10.22004/ag.econ.307972
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    Cited by:

    1. Fallert, Richard & McGuckin, Tom & Betts, Carolyn & Bruner, Gary, 1987. "bST and the Dairy Industry: A National, Regional, and Farm-Level Analysis," Agricultural Economic Reports 308035, United States Department of Agriculture, Economic Research Service.
    2. Bauman, Ronda & Hammond, Jerome W., 1993. "Feed Procurement Methods For Southeastern Minnesota Dairy Farms: A Comparison Using Lp Analysis," Staff Papers 13705, University of Minnesota, Department of Applied Economics.
    3. Perez, Agnes M., 1994. "Changing Structure of U.S. Dairy Farms," Agricultural Economic Reports 308291, United States Department of Agriculture, Economic Research Service.
    4. Blayney, Don P. & Fallert, Richard F., 1990. "Biotechnology and Agriculture: Emergence of Bovine Somatotropin (bST)," Staff Reports 278330, United States Department of Agriculture, Economic Research Service.

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