Open Access. Powered by Scholars. Published by Universities.®
1994; Kansas Agricultural Experiment Station contribution; no. 95-141-S; Report of progress (Kansas Agricultural Experiment Station); 716; Small farms; Herd size; Profitable; Costs; Milk Prices
Articles 1 - 1 of 1
Full-Text Articles in Dairy Science
Strategies For Small Dairy Farmers To Be Profitable And Competitive In The Future (1994), B. Cropp
Strategies For Small Dairy Farmers To Be Profitable And Competitive In The Future (1994), B. Cropp
Kansas Agricultural Experiment Station Research Reports
Profitable dairying will not become any easier in the future. Farm level milk prices will continue to be volatile. The government will not provide additional price or income support to dairies. Long-run milk prices will be either flat or perhaps even trending slightly lower. Average annual milk prices will be in the range of $12.00 to $13.25 per hundredweight. Dairy producers must be able to generate adequate net income at these milk price levels. Smaller dairy operators need to find means of being cost competitive with the larger operators. Without question, smaller producers can be profitable in the decade ahead …