Potential Benefits for Small Farms: Small farms are facing increasing management challenges in their efforts to control costs and remain profitable. This publication reports the average performance and characteristics of small farms and the average of the top 25 percent of those small farms with highest rate of return on assets (without appreciation). Thus, not only can the average performance of small farms be used as a benchmark, but the performance of the most profitable small farms as well.įunding Source(s): NYFVI, Pro-Dairy, The Bank of Castile, NBT Bank, Dyson School of Applied Economics and Management.ĮVALUATING OVERALL HEALTH AND PHYSICAL MOVEMENT OF DAIRY HEIFERS IN CONFINEMENT VS. Project Leader(s): Wayne Knoblauch, 60, Partners: New York Dairy Farm Operators/Managers, Cornell Cooperative Extension Educators, agribusiness consultants, Pro-Dairy, Dyson School faculty A positive rate of return of 4.2 percent was an improvement over -1.1 percent in 2010. 2) Net farm income without appreciation, increased 43.9 percent from 2010 to 2011. The average data for these 54 farms are summarized in the publication.
Top Impact from Work Thus Far:1) For 2011 data, 54 New York small dairy farms used the DFBS to analyze their farm business. In short, DFBS provides business and financial information needed in identifying and evaluating strengths and weaknesses of the farm business. This information can also be used to more effectively create and reach monetary goals. The primary objective of the Dairy Farm Business Summary (DFBS) is to help farm managers improve financial management of their business through appropriate use of historical data and the application of modern farm business analysis techniques.
MANAGEMENT INTENSIVE GRAZING | DAIRY FARM BUSINESS SUMMARY, NEW YORK INTENSIVE GRAZING FARMS | USE OF WHOLE FARM ANALYSIS TO REDUCE NUTRIENT LOSSES, IMPROVE NUTRIENT CYCLING, CARBON STATUS AND ENERGY USE ON SMALL DAIRIES IN NEW YORK STATE | PRECISION FEED MANAGEMENT | PRODAIRY PROFIT DISCUSSION GROUP PROGRAM| Extension ResourcesĭAIRY FARM BUSINESS SUMMARY, NEW YORK SMALL HERD FARMS, 80 COWS OR FEWER If you have a specific interest that is not addressed here, contact Alan Bell, Chair, Department of Animal Science, 60, on a title below to navigate to the specific project.ĭAIRY FARM BUSINESS SUMMARY, NEW YORK SMALL HERD FARMS | EVALUATING OVERALL HEALTH AND PHYSICAL MOVEMENT OF DAIRY HEIFERS IN CONFINEMENT VS. The following is a sampling of research projects relevant to small dairies.