Hostname: page-component-78c5997874-xbtfd Total loading time: 0 Render date: 2024-11-15T04:12:10.656Z Has data issue: false hasContentIssue false
  • English
  • Français

Economic Viability of Investing in Alternative Part-Time Cow-Calf Farms in the Northeastern United States

Published online by Cambridge University Press:  10 May 2017

Robert A. Milligan ,
Caroline J. Nowak ,
Wayne A. Knoblauch  and
Danny G. Fox
Robert A. Milligan
Affiliation:
Cornell University
Caroline J. Nowak
Affiliation:
Cornell University
Wayne A. Knoblauch
Affiliation:
Cornell University
Danny G. Fox
Affiliation:
Cornell University
Get access

Abstract

Cow-calf enterprises in the Northeastern United States are generally small and often the only agricultural enterprise of families with large off-farm incomes. In this paper, the economic viability of cow-calf enterprises to these investors is considered using a representative farm/economic engineering approach. Investments in farm real estate that is characterized by limited capability soil resources are found to yield negative labor and management incomes but to be economically viable when change in net worth and present value of family after-tax income are considered.

Type
Articles
Information
Journal of the Northeastern Agricultural Economics Council , Volume 13 , Issue 1 , April 1984 , pp. 46 - 53
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Abdalla, Hyder O. Forage Evaluation and Animal Performance on Abandoned Hillside Land, M.S. Thesis, 1982, Cornell University, Ithaca, NY.Google Scholar
Burdette, L.A., and Waters, W. K. “Cow-Calf Profits Studied at Forage Beef Cattle Farm.” Science in Agriculture XXV (1978).Google Scholar
Christensen, Robert L. and Stinson, Robert. Economics of Beef Production in Massachusetts. Cooperative Extension Service C-145, University of Massachusetts, 1980.Google Scholar
Fox, Danny G. “Developing a Management System for a Small Beef Farm”, presented at Small Farms Symposium, Beltsville, Maryland, November 15, 1981.Google Scholar
Knoblauch, Wayne A., Milligan, Robert A., Fox, Danny G., and Woodell, Merri L. “Economic Utilization of Forages in the Production of Milk and Beef in the Northeast United States.” Journal of Dairy Science. 64(1981): 2059–2070.Google Scholar
Nowak, C. J., Milligan, R. A., Knoblauch, W. A., and Fox, D. G., “The Economic Viability of Part-Time Cow-Calf Operations in the Northeast.” A.E. Research 83–15, June 1983.Google Scholar
Schwab, G. and Gerst, E. A Description of Beef Cow-Calf Producers in six States—Their Enterprise, Motivation and Sources of Information, Cornell University Beef Production Manual Fact Sheet 001, 1976.Google Scholar
Seaney, Robert and Fox, Dan, Unpublished Data, 1981.Google Scholar
Smith, Stuart F., 1977 Beef Farm Business Summary. Cornell University, Agricultural Economics Extension Bulletin 78–28, September 1978.Google Scholar
Smith, Stuart F., 1978 Beef Farm Business Summary. Cornell University, Agricultural Economics Extension Bulletin 79–27, September 1979.Google Scholar
United States Department of Commerce. 1978 Census of Agriculture Preliminary Report, June 1980.Google Scholar