Summary and Implications
A Millionaire Model Dairy Farm (MMDF) project was created by this author in the 1990’s. Its goal was to show beginning and transitioning dairy producers how to become “millionaires” by practicing a hybrid grazing and confinement operation within 25 years of a dairy career. It has been a very successful Extension program. In 2012, organic dairy producers were added and in 2015, conventional dairy producers were added to the data. Note the small number of herds in each data set may or may not be representative of an average of those types of farms.
Iowa State University
"Millionaire Model Dairy Farm Performance in Iowa, 2015,"
Animal Industry Report:
AS 663, ASL R3153.
Available at: https://lib.dr.iastate.edu/ans_air/vol663/iss1/26