Business Analysis Summaries
These reports summarize financial and production records of various types of Michigan farms. To be included, the farms must have produced at least 50 percent of gross cash farm income from their respective category (dairy, crops, etc). The records came from Michigan State University’s TelFarm system and GreenStone Farm Credit Services. The values were pooled into averages for reporting purposes.
Farm records were included if a farm financial analysis had that year's complete data including beginning and ending balance sheets and a statement of income and expenses. All records were checked for accuracy. Average values are reported in the summary tables but one should bear in mind that considerable variation exists in most measures.