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tkastens

Posted 8/18/2007 09:08 (#189141 - in reply to #189132)
Subject: Re: rent, economies of size, and government payments

Thank you Hay Wilson! I always enjoy your comments. One thing I especially failed to mention is the following fact associated with economies of size. That is, the variation in profitability across farms in a given size class typically is much greater than the variation in average farms' profitability across size classes. Said another way, the typical farm in the top third (profit-wise) of small farms generally is more profitable than the average large farm, etc. So, no one should ever use farm size as an excuse to not be profitable. Moreover, you bring up the point that the more one moves to niche-type operations, the more important it is to make comparisons across size measures other than acres, for example, total revenue. As always, there are many ways to "skin the cat" when it comes to generating profit in farming. That's the beauty of our capitalistic U.S. system.

Terry Kastens, ag economics, Kansas State University

rent, economies of size, and government payments - tkastens : 8/18/2007 01:11
- RE: rent, economies of size, and government payments - coup : 8/18/2007 08:07
- Economics of size. - Hay Wilson in TX : 8/18/2007 08:39
  - Re: rent, economies of size, and government payments - tkastens : 8/18/2007 09:08
    - Re: rent, economies of size, and government payments - Hay Wilson in TX : 8/18/2007 11:15
- RE: rent, economies of size, and government payments - Pat H : 8/18/2007 08:57
  - Re: rent, economies of size, and government payments - tkastens : 8/18/2007 09:22
    - Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 09:50
      - Re: rent, economies of size, and government payments - wheat farmer : 8/18/2007 11:23
        
        Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 15:12
        Re: rent, economies of size, and government payments - plowboy : 8/19/2007 00:25
        
        Re: rent, economies of size, and government payments - wheat farmer : 8/19/2007 16:54
      - Re: rent, economies of size, and government payments - tkastens : 8/18/2007 16:02
        
        Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 20:48
        
        Re: rent, economies of size, and government payments - peanut farmer : 8/18/2007 22:03
        
        Re: rent, economies of size, and government payments - plowboy : 8/19/2007 00:30
        
        amen, plowboy! nt - cotman : 8/19/2007 00:38
      - Steve, - eddiedry : 8/18/2007 16:13
        
        eddydry - John Burns : 8/18/2007 18:41
        AMEN!!!! - RAB : 8/18/2007 22:42
        land laying out?? - dvswia : 8/19/2007 08:22
        "bto sharks" - plowboy : 8/20/2007 20:38
        
        Bingo and the prize goes to plowboy... - usafarmer : 8/21/2007 07:16
      - That sir, is about the most powerful post I ever read on NAT - Ed Winkle : 8/29/2007 12:59
- Re: rent, economies of size, and government payments - Pofarmer : 8/18/2007 09:57
  - Re: rent, economies of size, and government payments - dixonman : 8/18/2007 12:28
    - investments - John Burns : 8/18/2007 18:56
      - Re: rent, economies of size, and government payments - Pofarmer : 8/18/2007 22:49
        
        Re: rent, economies of size, and government payments - plowboy : 8/19/2007 00:37
        
        Re: rent, economies of size, and government payments - Pofarmer : 8/19/2007 01:51
        
        Re: rent, economies of size, and government payments - plowboy : 8/19/2007 02:03
        
        Re:definitions of ego - Greg Stremel : 8/19/2007 15:07
        
        Re: rent, economies of size, and government payments - Pofarmer : 8/19/2007 16:20
        Re:definitions of ego - wheat farmer : 8/19/2007 16:59
    - PE of farming - John Burns : 8/18/2007 19:01
      - RE: PE of farming - dixonman : 8/18/2007 21:29
        
        RE: Late 80's - coup : 8/18/2007 21:48
        
        Re: rent, economies of size, and government payments - Pofarmer : 8/18/2007 22:52
      - RE: PE of farming - tkastens : 8/18/2007 23:17
        
        RE: PE of farming - dixonman : 8/19/2007 08:42
        
        RE: PE of farming - plowboy : 8/19/2007 22:41
- RE: rent, economies of size, and government payments - Cliff SEIA : 8/18/2007 12:55
  - Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 15:17
- Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 15:20
- Re: rent, economies of size, and government payments - paul the original : 8/18/2007 16:02
  - Re: rent, economies of size, and government payments - bob freeze : 8/18/2007 17:51
    - Re: rent, economies of size, and government payments - paul the original : 8/18/2007 18:33
    - Why bigger? - John Burns : 8/18/2007 19:16
      - RE: Why bigger? - Ontrack : 8/18/2007 19:54
        
        Re: rent, economies of size, and government payments - west illini : 8/18/2007 19:59
        
        Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 21:01
        
        Re: rent, economies of size, and government payments - west illini : 8/18/2007 21:24
        
        Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 21:35
        
        Re: rent, economies of size, and government payments - west illini : 8/18/2007 22:34
        
        Re: rent, economies of size, and government payments - coup : 8/18/2007 21:37
      - RE: Why bigger? - plowboy : 8/19/2007 00:43
        
        More like 3 - John Burns : 8/22/2007 08:05
      - Re: rent, economies of size, and government payments - Steve in SD : 8/19/2007 09:57
      - Re: rent, economies of size, and government payments - Steve in SD : 8/19/2007 10:00
    - Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 20:54
      - Re: rent, economies of size, and government payments - Pofarmer : 8/18/2007 22:55
        
        Re: rent, economies of size, and government payments - dixonman : 8/19/2007 08:55
        
        Re: rent, economies of size, and government payments - Pofarmer : 8/19/2007 11:16
        
        Re: rent, economies of size, and government payments - dixonman : 8/19/2007 12:53
    - Re: rent, economies of size, and government payments - plowboy : 8/19/2007 00:49
      - Re: and still others say.... - CRJ : 8/19/2007 07:58
  - Re: rent, economies of size, and government payments - Pofarmer : 8/18/2007 18:31
- How dare you tell the king he is naked..... - John Burns : 8/18/2007 18:12
- Re: rent, economies of size, and government payments - Steve in SD : 8/18/2007 21:05
- Re: rent, economies of size, and government payments - Steve in SD : 8/19/2007 09:45
  - Re: rent, economies of size, and government payments - Jon S : 8/19/2007 09:59
- RE: Sorry Terry I meant you not Ted, don't know where I got Ted - Steve in SD : 8/19/2007 10:06
  - Re: rent, economies of size, and government payments - tkastens : 8/20/2007 08:18
    - Re: Thank you administrators - plowboy : 8/28/2007 21:46
      - Ditto,,,,,,,,,,,,,,,,,, - eddiedry : 8/28/2007 22:07
      - Re: rent, economies of size, and government payments - wheat farmer : 8/28/2007 22:24
    - Re: rent, economies of size, and government payments - Steve in SD : 8/30/2007 19:11
- Rent vs own - Les NCKS : 8/19/2007 10:10
  - RE: Rent vs own - wheat farmer : 8/19/2007 17:28
    - RE: Rent vs own - duishay : 8/19/2007 17:58
      - Re: rent, economies of size, and government payments - Pofarmer : 8/19/2007 19:35
      - RE: Rent vs own - plowboy : 8/19/2007 22:51
        
        RE: Rent vs own - wheat farmer : 8/20/2007 11:55
    - Two points................... - eddiedry : 8/19/2007 18:32
      - RE: Two points................... - rice-and-hogs : 8/19/2007 18:45
      - Re: rent, economies of size, and government payments - Pofarmer : 8/19/2007 19:55
    - RE: Rent vs own - coup : 8/19/2007 21:07
      - Re: rent, economies of size, and government payments - Pofarmer : 8/19/2007 22:13
        
        Re: Today's Land Buyer - coup : 8/19/2007 22:50
        
        Re: Today's Land Buyer - dixonman : 8/20/2007 20:16

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