Economic Efficiency in Organic Dairy Operations
ID-274: Economic Efficiency in Organic Dairy Operations
Authored by: John Allison Kenny Burdine Ray Smith
Abstract
Organic dairy operations have historically commanded a higher milk price than conventional dairy operations (Organic all milk price 2021 average: $31.55 per hundredweight (USDA AMS, 2021), Conventional all milk price 2021 average: $20.25 per hundredweight (USDA ERS, 2021)). However, the economics of decision-making and management still play a pivotal role in farm profitability.
Core Details
Categorical Details
Language
English
Peer Reviewed?
Yes