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| Registros recuperados: 26 | |
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| Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W.. |
| In the Southeastern Association the average accrual net farm income in 1996 was $67,579 for the 61 farms included in this report. The decrease is due to lower inventory levels since the increase in gross cash income was higher than the increase in total cash farm expenses. Even though this is a decrease of 8% from the 1995 average, the 1996 net farm income is still one of the highest on record. Only in 1978, 1990, 1991, 1994 and 1995 was average nominal profit also greater than $50,000. When adjusted by the Consumer Price Index (to provide a constant dollar or buying power comparison), the average 1996 profit is exceeded only in 1990 and 1995. The 20% of these 61 farms with the highest net farm income had an average net farm income of $196,161 in 1996;... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 1997 |
URL: http://purl.umn.edu/13660 |
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| Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W.. |
| In the Southeastern Association the average net farm income in 1997 was $73,311 for the 64 farms included in this report. This was an increase of 8.5% from 1996. The increase is due to replenishment of inventories which had been depleted in 1996. Total cash farm expenses increased 7%. The 1997 net farm income is the highest on record. When adjusted by the Consumer Price Index (to provide a constant dollar or buying power comparison), the average 1997 profit is exceeded only in 1990 and 1995. (This accrual net farm income measure is calculated by subtracting cash farm expenses and depreciation from total cash farm income and adjusting the difference for changes in other capital and inventory items.) After subtracting an opportunity cost for equity... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 1998 |
URL: http://purl.umn.edu/13310 |
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| Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W.. |
| The average net farm income is $65,739 for the 60 farms included in the 1998 annual report of the Southeastern Minnesota Farm Business Management Association. This is a decrease of 12% from 1997. Even though gross cash farm income increased, cash expenses also increased and inventory values changed little (instead of increasing as in 1997). Thus, 1998 net farm income is lower. However, income is still at a high level compared to the early 1990s and the 1980s. (Net farm income is an accrual measure calculated by subtracting cash farm expenses and depreciation from total cash farm income and adjusting the difference for changes in other capital and inventory items.) Income levels experienced by individual farms vary greatly from the overall average.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 1999 |
URL: http://purl.umn.edu/14241 |
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| Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W.. |
| The average net farm income is $66,412 for the 62 farms included in the 1999 annual report of the Southeastern Minnesota Farm Business Management Association. This is an increase of 1% from 1998. Even though gross cash farm income increased, cash expenses and depreciation also increased and inventory values changed little. Income is still at a high level compared to the early 1990s and the 1980s. (Net farm income is an accrual measure calculated by subtracting cash farm expenses and depreciation from total cash farm income and adjusting the difference for changes in other capital and inventory items.) After subtracting an opportunity cost for equity capital, unpaid labor and management earnings follow a similar but lower pattern. As in previous... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2000 |
URL: http://purl.umn.edu/14193 |
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| Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W.. |
| The average net farm income is $77,672 for the 58 farms included in the 2000 annual report of the Southeastern Minnesota Farm Business Management Association. This is an increase of 17% from 1999. The median or middle income was $39,675, considerably lower than the average. Even though gross cash farm income decreased more than the decrease in cash expenses, net farm income increased because depreciation decreased and inventory values increased. Income is still at a high level compared to the early 1990s and the 1980s. As in previous years, the income levels experienced by individual farms vary greatly from the overall average. When the net farm incomes for the 58 farms in the report were ranked from lowest to highest, the resulting graph shows... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2001 |
URL: http://purl.umn.edu/14250 |
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| Olson, Kent D.; Westman, Lorin L.; Nordquist, Dale W.. |
| The average net farm income was $60,978 for the 59 farms included in the 2001 annual report of the Southeastern Minnesota Farm Business Management Association. This was a decrease of 21% from 2000 (Figure 1). Even though gross cash farm income increased more than cash expenses, the decrease in net farm income is due in large part to a large decrease in the inventory value of crops and feed. As in previous years, the income levels experienced by individual farms vary greatly from the overall average. When the net farm incomes for the 59 farms in the report were ranked from lowest to highest, the resulting graph shows how much the incomes do vary (Figure 2). Several farms experienced negative incomes, and several experienced very high incomes. Most... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2002 |
URL: http://purl.umn.edu/13965 |
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| Nordquist, Dale W.; Westman, Lorin L.; Olson, Kent D.. |
| The average net farm income was $64,666 for the 54 farms included in the 2002 annual report of the Southeastern Minnesota Farm Business Management Association. This was an increase of 6% from 2001. While gross cash farm income increased by 10%, total cash operating expenses increased substantially more, by 19%. This increase in expenses was offset by an increase in the value of inventories resulting primarily from higher crop yields and higher crop prices. As in previous years, the income levels experienced by individual farms vary greatly from the overall average. When the net farm incomes for the 54 farms in the report were ranked from lowest to highest, the resulting graph shows how much the incomes do vary. Several farms experienced negative... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2003 |
URL: http://purl.umn.edu/13852 |
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| Nordquist, Dale W.; Westman, Lorin L.. |
| The average net farm income was $113,462 for the 46 farms included in the 2004 annual report of the Southeastern Minnesota Farm Business Management Association. This was an increase of 32% from 2003. In constant dollars, 2004 was the most profitable year for association members in over twenty years of the association records. Higher crop prices, higher corn yields, and high profits for dairy operations were among factors that combined to make 2004 a very profitable year for the average association farm. As in previous years, the income levels experienced by individual farms vary greatly from the overall average. When the net farm incomes for the 46 farms in the report were ranked from lowest to highest, the resulting graph shows how much the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance; Farm Management. |
| Ano: 2005 |
URL: http://purl.umn.edu/14034 |
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| Nordquist, Dale W.; Westman, Lorin L.. |
| The average net farm income was $116,688 for the 45 farms included in the 2005 annual report of the Southeastern Minnesota Farm Business Management Association. This was an increase of 3% from 2004. In constant dollars, 2005 was slightly less profitable than 2004, but was still the second most profitable year for association members in the past twenty years. Higher crop yields, strong profits for dairy operations, and increased government payments were among factors that combined to make 2005 a very profitable year for the average association farm. As in previous years, the income levels experienced by individual farms vary greatly from the overall average. When the net farm incomes for the 45 farms in the report are ranked from lowest to highest,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance; Farm Management. |
| Ano: 2006 |
URL: http://purl.umn.edu/13462 |
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| Registros recuperados: 26 | |
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