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| Hanson, Darin K.; Taff, Steven J.; Klair, Kevin S.. |
| We develop a series of new grass-based budgets for use in FINPACK, a standard farm finance analysis tool. The new budgets are then applied to an evaluation of plausible grass-based systems on three farms in the Northern Tallgrass Prairie region of Minnesota and North Dakota. The farms are used for illustration purposes only. We find no grass-based alternative that financially outperforms current non-grass operations. Nor do any score particularly well under a lender credit rating process that we adapted for this study. Our results suggest caution before one accepts claims that grass-based systems are uniformly feasible and financially desirable. There undoubtedly are individual situations in which such alternatives make financial sense, but their use... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance. |
| Ano: 1997 |
URL: http://purl.umn.edu/14042 |
