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    1 Milkcwt 2014 Cop

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    Toha Putra
    This document compares the breakeven milk price for different farm categories using data from the Michigan Dairy Farm Business Analysis Summary (MDFBAS). The breakeven milk price is $18.49 for farms in the low 25% category, $15.46 for average farms, and $13.81 for farms in the high 25% category according to MDFBAS data. The document also notes that the breakeven milk prices adjust for other sources of farm income, inventory changes, true depreciation, and exclude family living expenses/owner draw.

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    1 Milkcwt 2014 Cop

    Uploaded by

    Toha Putra
    23 views1 page
    This document compares the breakeven milk price for different farm categories using data from the Michigan Dairy Farm Business Analysis Summary (MDFBAS). The breakeven milk price is $18.49 for farms in the low 25% category, $15.46 for average farms, and $13.81 for farms in the high 25% category according to MDFBAS data. The document also notes that the breakeven milk prices adjust for other sources of farm income, inventory changes, true depreciation, and exclude family living expenses/owner draw.

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    This document compares the breakeven milk price for different farm categories using data from the Michigan Dairy Farm Business Analysis Summary (MDFBAS). The breakeven milk price is $18.49 for farms in the low 25% category, $15.46 for average farms, and $13.81 for farms in the high 25% category according to MDFBAS data. The document also notes that the breakeven milk prices adjust for other sources of farm income, inventory changes, true depreciation, and exclude family living expenses/owner draw.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    23 views1 page

    1 Milkcwt 2014 Cop

    Uploaded by

    Toha Putra
    This document compares the breakeven milk price for different farm categories using data from the Michigan Dairy Farm Business Analysis Summary (MDFBAS). The breakeven milk price is $18.49 for farms in the low 25% category, $15.46 for average farms, and $13.81 for farms in the high 25% category according to MDFBAS data. The document also notes that the breakeven milk prices adjust for other sources of farm income, inventory changes, true depreciation, and exclude family living expenses/owner draw.

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    © All Rights Reserved
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    Comparison With MDFBAS Data

    Breakeven Milk Price1,2,3,4

    $20.00
    $18.49
    $18.00

    $16.00 $15.46
    $13.81
    $/cwt

    $14.00

    $12.00

    $10.00

    $8.00

    $6.00

    $4.00

    $2.00

    $0.00
    Low 25% Average Dairy2 High 25% 0

    1
    Low 25%, Average, and High 25% farm data from Michigan Dairy Farm Business Analysis Summary and category determined by return on asset
    2
    Breakeven milk price adjusts cash breakeven price for other sources of farm income, inventory changes, and true depreciation for
    Low 25%, Average, High 25%.
    3
    Low 25%, Average, High 25%, and your farm does not include family living expenses/owner draw.
    4
    Your farm includes actual principal payments instead of depreciation.

    By: Craig Thomas and Dennis Stein, MSU-Extension 05/18/2018

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