Dairy grazing : economics of pasture-based dairies
Abstract
"Understanding the financial risks and rewards of pasture-based dairying is important for dairy farmers. The development of a new dairy or expansion of an existing one must be carefully considered to determine if it will create the economic returns needed to sustain any debt, family living and profits to owners. Most decisions on a dairy will have financial implications and need to be based on sound production and financial information. Maintaining records and monitoring appropriate benchmarks can help a farmer understand the state of the dairy and improve its financial performance."--First page.
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