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| Registros recuperados: 37 | |
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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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| Anderson, Robert D.; Weness, Erlin J.; Olson, Kent D.; Christensen, James L.; Fales, Perry A.; Nordquist, Dale W.. |
| Average net farm income was $36,614 in 2001 for the 207 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a sharp drop (55%) from the average net farm income of $81,750 in 2000 (Figure 1). As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 207 farms in the report are ranked from lowest to highest, the resulting graph shows how much the incomes do vary (Figure 2). Twenty-four percent of the farms experienced negative net farm income in 2001; 8% had incomes over $100,000. Most of the net farm incomes ranged from below 0 to about $150,000. The median or middle income was $29,040.... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2002 |
URL: http://purl.umn.edu/13588 |
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| Nordquist, Dale W.; Kurtz, James N.; Holcomb, Rob; Paulson, Garen J.. |
| Average net farm income was $98,362 in 2004 for the 125 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 2% increase over the average income of $96,404 in 2003. In constant dollars, 2004 was the third most profitable year for association members in the past 20. Higher crop prices, outstanding corn yields, and high profits for hog operations were factors that combined to make 2004 a very profitable year for the average association farm. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 125 farms in the report are ranked from lowest to highest, the resulting graph shows how much... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2005 |
URL: http://purl.umn.edu/14226 |
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| Nordquist, Dale W.; Anderson, Robert D.; Christensen, James L.; Kurtz, James N.; Paulson, Garen J.; Olson, Kent D.. |
| Average net farm income was $96,404 in 2003 for the 175 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 38% increase over the average income of $70,007 in 2002. In constant dollars, 2003 was the most profitable year for association members in the past 16 years. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 175 farms in the report are ranked from lowest to highest, the resulting graph shows how much the incomes do vary. Seven percent of the farms experienced negative net farm income in 2003; 39% had incomes over $100,000. The median or middle income was $77,187. The high... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2004 |
URL: http://purl.umn.edu/13363 |
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| Nordquist, Dale W.; Nitchie, Donald L.; Kurtz, James N.; Paulson, Garen J.; Froslan, Janet M.; Woodford, John L.. |
| This report summarizes the individual farm records of the members of the Southwestern Minnesota Farm Business Management Association for 2011. Whole-farm information and enterprise costs and returns are reported. The year-end analysis of the individual farms was performed by the Association fieldmen using the FINPACK software from the Center for Farm Financial Management. The individual analyses were summarized at the Department of Applied Economics using RankEm Central. In addition to the average of all farms, the averages for the high and low income groups are also presented. The tables are divided into four major groups: whole-farm information, crop enterprises, livestock enterprises, and summary information. The summary information includes whole farm... |
| Tipo: Working Paper |
Palavras-chave: Agricultural Finance; Farm Management. |
| Ano: 2012 |
URL: http://purl.umn.edu/122205 |
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| Nordquist, Dale W.; Kurtz, James N.; Nitchie, Donald L.; Paulson, Garen J.; Froslan, Janet M.; Woodford, John L.. |
| Average net farm income was $322,165 in 2010 for the 97 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. Average earnings increased by 362% from $69,787 in 2009 (Figure 1). Inflations adjusted profits rebounded after a downturn in 2009 that was caused primarily by low profits in the livestock sectors. Strong yields, substantially higher crop inventory values, and rebounding profitability of the livestock sectors led the way to much higher profits in 2010. Highlights of association financial results for 2010: Entire report is available at: http://www.cffm.umn.edu/Publications/Pubs/FBMA/SW_MN_FBMA_2010.pdf• Median net farm income, or the income earned by the middle farm, was $234,879,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2011 |
URL: http://purl.umn.edu/102567 |
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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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| Nordquist, Dale W.; Kurtz, James N.; Holcomb, Rob; Paulson, Garen J.. |
| Average net farm income was $154,698 in 2006 for the 110 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. This is a 5% increase over the average income of $147,862 in 2005. In constant dollars, 2006 was slightly more profitable than the previous year and was again one of the most profitable years in the last 20 for association members (Figure 1). Outstanding crop prices coupled with above average crop yields more than compensated for reduced profitability of hog and beef enterprises. As in previous years, the actual profit levels experienced by individual farms vary greatly from the overall average profit. When the net farm incomes for the 110 farms in the report are ranked from lowest to highest,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance; Farm Management. |
| Ano: 2007 |
URL: http://purl.umn.edu/7307 |
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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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| Ferrara, Alessandro; Nordquist, Dale W.; Ciani, Adriano. |
| This work is structured in two parts. The first shows, briefly, the role of the Cooperative Extension Service in US agriculture. The second explains the main characteristics of the FINPACK software package and the potential to adapt it to European agriculture. Between these two parts is a short summary of the role of FINPACK, and, more generally, of financial management in Extension Service activities. Note: Appendix tables are not included in the machine readable file--contact the authors for copies. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agricultural Finance. |
| Ano: 1996 |
URL: http://purl.umn.edu/13469 |
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| Olson, Kent D.; Christensen, James L.; Weness, Erlin J.; Anderson, Robert D.; Fales, Perry A.; Nordquist, Dale W.. |
| Average net farm income was $81,750 in 2000 for the 212 farms included in this annual report of the Southwestern Minnesota Farm Business Management Association. The median or middle income was $69,414. This is the second annual increase from the extremely low levels of 1998. Almost all of the increase can be attributed to the increase in the value of inventories, government payment, and the decrease in depreciation charge. However, the change in depreciation was almost entirely due to a change in the accounting procedures, not a change in purchasing behavior by farmers. Using the "new" depreciation rules, net farm income (NFI) in the previous 5 years was estimated to be higher than when the "old" rules were used. For example, the "new" NFI was... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Farm Management. |
| Ano: 2001 |
URL: http://purl.umn.edu/13612 |
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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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| Registros recuperados: 37 | |
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