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Farmer characteristics associated with improved and high farm business performance

Wilson, Paul

Authors

PAUL WILSON PAUL.WILSON@NOTTINGHAM.AC.UK
Professor of Agricultural Economics



Abstract

Common Agricultural Policy reform, coupled with increasing market and climatic volatility will necessitate a competitive, resilient and environmentally sustainable UK agricultural industry reliant upon successful farm business management. Drawing upon in depth semi-structured interviews with 24 ‘high’ or ‘improved’ English farmers, results indicate that they typically hold agricultural qualifications, draw upon a range of information sources, recognise and draw upon farm-specific advantages, have low business debt, keep up to date with new industry developments and use a range of marketing channels. Additionally, these farmers seek to maximise profit within the context of farm and family objectives by focusing upon cost control, attention to detail, product quality and achieving high yields whilst primarily focusing upon enterprise margins; succession planning played an important role in decision making on some farms. Farmer decision making represents the outcome of responses to complex inter-linked issues; policy makers face the challenge of understanding this complexity and delivering policies that will generate multi-output objectives.

Journal Article Type Article
Publication Date Jul 1, 2014
Journal International Journal of Agricultural Management
Electronic ISSN 2047-3710
Peer Reviewed Peer Reviewed
Volume 3
Issue 4
APA6 Citation Wilson, P. (2014). Farmer characteristics associated with improved and high farm business performance. https://doi.org/10.5836/ijam/2014-04-02
DOI https://doi.org/10.5836/ijam/2014-04-02
Keywords Business Performance; Farm Business; Objectives; Managerial Characteristics
Publisher URL http://www.ingentaconnect.com/contentone/iagrm/ijam/2014/00000003/00000004/art00002
Copyright Statement Copyright information regarding this work can be found at the following address: http://eprints.nottingh.../end_user_agreement.pdf

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IJAM Published July 14 (002).pdf (120 Kb)
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Copyright Statement
Copyright information regarding this work can be found at the following address: http://eprints.nottingham.ac.uk/end_user_agreement.pdf





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