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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
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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 

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References

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