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A case study of changes in economic performance of an irrigated dairy farm in northern Victoria AgEcon
Ho, Christie K.M.; Malcolm, Bill; Armstrong, Dan P.; Doyle, Peter T..
Average total factor productivity measures for the dairy industry provide an insight into how the industry is performing as a whole, but reveal little about what may be happening on individual farms. A case study of an irrigated dairy farm in northern Victoria, over a 37-year period, found that total milk production and some measures of partial productivity increased substantially. The economic performance of this case study farm over the 37-year period is described and analysed. From records of income and expenses, operating profit, returns to capital, labour and management and total productivity measures were calculated. Between 1980 and 2000, the business achieved productivity gains at higher than the rate estimated for the whole industry. This...
Tipo: Article Palavras-chave: Dairy farming systems; Productivity; Long-term case study; Farm production measures; Farm Management.
Ano: 2006 URL: http://purl.umn.edu/122239
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Case-study forty-year historical analysis of production and resource use on northern Victoria dairy farming AgEcon
Melsen, Monique G.; Armstrong, Dan P.; Ho, Christie K.M.; Malcolm, Bill; Doyle, Peter T..
Recent analysis from surveys of dairy farms has shown that despite large increases in production, the productivity gains on these farms have been modest. Productivity gains are important for farm viability, farmers have made production gains through adoption of technologies and increases in scale. This long-term farm case study of an irrigated dairy farm over a 40-year period provides an in-depth analysis of system changes and management complexity. Detailed records of milk production, herd, farm area and infrastructure, water use, supplementary feed, and labour were collected and pasture consumption was estimated. Changes in milk production were analysed in relation to individual resources, particularly farm inputs. Increases in production were associated...
Tipo: Article Palavras-chave: Dairy farming systems; Productivity; Long-term case study; Farm production measures; Farm Management.
Ano: 2006 URL: http://purl.umn.edu/122240
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