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Attachment 4 |
| Impact of
Northeast Dairy Compact on Financial Viability |
|
| of New England
Dairy Farms, 2000 |
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|
% of New England Dairy Farms |
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| Degree
of |
|
Actual w/ |
|
Without |
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|
| Financial Stress |
|
Compact |
|
Compact |
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| None |
|
50.0% |
|
29.5% |
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| Minor |
|
9.5% |
|
8.8% |
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| Moderate |
|
13.1% |
|
14.1% |
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| Major |
|
10.5% |
|
13.9% |
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| Severe |
|
16.9% |
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33.8% |
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| Total |
|
100.0% |
|
100.0% |
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Number New England Dairy Farms |
|
| Degree
of |
|
Actual w/ |
|
Without |
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|
| Financial Stress |
|
Compact |
|
Compact |
|
|
| None |
|
1,393 |
|
822 |
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| Minor |
|
264 |
|
244 |
|
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| Moderate |
|
365 |
|
394 |
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| Major |
|
294 |
|
386 |
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| Severe |
|
471 |
|
941 |
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| Total |
|
2,787 |
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2,787 |
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| Source: Special analysis developed for Northeast Farm Credit
Associations by
James |
| Putnam II, First Pioneer Farm Credit. Data recapped from previous tables. |
| Characterization of financial stress
developed by the author for this analysis reflecting |
| general farm financial principles. |
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