Business and financial records for 2009 from 204 New York dairy farm businesses are summarized and analyzed. This analysis uses cash accounting with accrual adjustments to measure farm profitability, financial performance, and costs of producing milk. Traditional methods of analyzing dairy farm...

A combination of a more punitive policy situation and the greater range in size and financial performance in farms, especially across regions, has led to policy-makers focusing more on how new policies or policy proposals affect regions or types of farms, not just the national aggregates or...