Agriculture Commons^™

Profit Maximizing Farm Plans For Farms In Southeastern Nebraska: By Type And Size Of Farm, M. D. Skold, A. W. Epp, H. W. Hughes

Historical Research Bulletins of the Nebraska Agricultural Experiment Station

There are many forces operating in today's agricultural economy which cause farmers to examine carefully their patterns of resource allocation. Rising production costs coupled with downward tendencies in product prices focuses attention on efficient patterns of resource allocation. Technical change and changing resource and product price relationships affect efficient resource allocation patterns. This study considers possible efficient farm organizations available to farmers in southeastern Nebraska with given resources. The study determines profit maximizing farm plans for farm classes with different complements of resources and at alternative product price levels. Both crop and livestock enterprises are considered. Investment activities that generate …