Impact of Policy and Financial Scenarios on a New York Dairy Farm

Abstract

This publication reports the impact of various policy and financial scenarios on a representative New York dairy farm. It was part of a much larger national effort to measure the impact of these scenarios on representative farms and ranches in 13 states. A summary report of that national effort is published as "Barry, Peter. Financial Stress in Agriculture: Policy and Financial Consequences. Dept. of Ag. Econ., Univ. of Illinois, AE-4621, November 1986." However, because of space limitations the national report could not include detailed analysis of individual farm results nor a detailed record of modeling assumptions and coefficients for each farm. To alleviate that limitation this report contains that information for the representative New York dairy farm.