The Economics of Organic Versus Conventional Cow-calf Production

Abstract

Costs, returns, and profitability of cow-calf farms that are organic or transitioning to organic are compared with those of cow-calf farms that are non-organic. A method of matching samples is used for the comparison. Results suggest higher cost of organic production due to higher unpaid labor, taxes and insurance, and overhead costs.Matching Samples, Profit, Costs, Farm Management, Production Economics,