Bureau of Business Research

 

Date of this Version

1968

Citation

University of Nebraska News (July 1968) 48(1): 6 pages.

Abstract

Implications of the Growth of Corporate Farming (Dorothy Switzer)

Economic studies of farm size have shown that, as farm size increases, average costs either decrease, remain about the same, or increase slightly for very large farms- but still remain below average returns. If this were always so, large farms would be the most profitable, and it might be expected that the size distribution of farms would rapidly shift in this direction. But, as Wilcox reported to the Subcommittee on Antitrust and Monopoly, farm size has been increasing almost uniformly for all size categories. Of all farms, the largest 10 percent produced 44 percent of all farm production in 1949, 46 percent in 1959, and 48 percent in 1964. The smallest 20 percent of all farms produced about 3 percent in each of these years.

Business Summary (E. L. Burgess)

In April, retail sales (-3.0%) and construction activity (-27.5%) were the only Nebraska business indicators below April, 1967, levels. The indexes below. with April, 1960, equal to 100.0, indicate the extent of the decline in construction activity.

Factory Farms or Family Farms (Everett E. Peterson and Glen Vollmar)

Symposium on the Great Plains (Dorothy Switzer)

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