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Small U.S. Dairy Farms: Can They Compete? AgEcon
Gillespie, Jeffrey M.; Nehring, Richard F.; Sandretto, Carmen L.; Hallahan, Charles B..
The U.S. dairy industry is undergoing rapid structural change, evolving from a structure including many small farmers in the Upper Midwest and Northeast to one that includes very large farms in new production regions. Small farms are struggling to retain competitiveness via improved management and low-input systems. Using data from USDA’s Agricultural Resource Management Survey, we determine the extent of U.S. conventional and pasture-based milk production during 2003-2007, and estimate net returns, scale efficiency, and technical efficiency associated with the systems across different operation sizes. We compare the financial performance of small conventional and pasture-based producers with one another and with largescale producers. A stochastic...
Tipo: Conference Paper or Presentation Palavras-chave: Pasture-based system; Technical efficiency; Returns to scale; Dairy; Livestock Production/Industries; Productivity Analysis.
Ano: 2009 URL: http://purl.umn.edu/52869
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