Dairy

The Economics of Organic Dairying

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Abstract

Organic dairy producers (and others who aspire to this profession) need sound economic data and analyses to make decisions. This study analyzed and evaluated the profitability of 10 organic dairies using Dairy TRANS Financial Analysis software. On average, these 10 dairies showed “good” profitability for 2013 but there was a wide range of results. It is hoped this study will assist current and aspiring organic dairy producers to both budget and benchmark their dairy operations to better plan for future profitability. Producers are also urged to consider using the Dairy TRANS Financial Analysis to analyze and further improve dairy profits regardless of the production system being utilized.

Keywords: ASL R2978

How to Cite:

Tranel, L. F., (2015) “The Economics of Organic Dairying”, Iowa State University Animal Industry Report 12(1). doi: https://doi.org/10.31274/ans_air-180814-1299