Mr. Langemeier et Bm. Purdy, MEASURING FARM FINANCIAL PERFORMANCE FOR BEEF COW OPERATIONS WITH MULTIPLE OPERATIONS, Agri-Practice, 17(5-6), 1996, pp. 14-23
Computing pertinent farm financial measures and providing benchmarks f
or whole-farm performance measures for beef cow operations using Kansa
s Farm Management Association data were demonstrated. Results indicate
d that financial performance was higher for farms with large beef cow
herds and farms that were more diversified. The importance of measurin
g financial performance will become increasingly critical for producer
s in the future due to a number of changes in the beef industry.