The Weak Axiom of Profit Maximization (WAPM) was used to test how successful each of 70 individual New York State dairy farms was in maximizing profits using nine years of data. The netput vectors were corrected for technological change using nonparametric indices that do not require the...

As economies of size become fundamentally important in production agriculture, farm sizes continually increase. For dairy producers, this results in larger herds, more acres of crop production, and more full-time, non-owner employees, which result in more human resource management concerns....

New York FarmNet, a state supported, toll-free, phone help-line for farmers began in March 1986 in response to the farm financial crisis. Its purpose included providing information/refelTal, individualized business/financial analysis and a general safety net for farm families, From March 1986...