Investment Analysis of Alternative Dairy Systems under MILC

Three dairy systems, 120-cow grazing, 120-cow conventional, and 600-cow concentrated, were evaluated by internal rate of return (IRR) accounting for the Milk Income Loss Contract (MILC). With MILC, the grazing and conventional systems had higher IRRs. Without MILC, the 600-cow dairy had the highest IRR. Results were sensitive to assumptions.

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Year of publication:	2005
Authors:	Eberle, Phillip R. ; Moody, Darren E. ; Rendleman, C. Matthew ; Peterson, William C.
Institutions:	Southern Agricultural Economics Association - SAEA
Subject:	Concentrated feeding \| conventional \| grazing \| internal rate of return \| Livestock Production/Industries

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Extent:	application/pdf
Series:	2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas Number 35559
Source:	RePEc - Research Papers in Economics

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