The IFAMR is the official journal of the International Food and Agribusiness Management Association. We are open access. The complete library can be found at www.ifama.org

The IFAMR is the flagship journal in Agribusiness published quarterly by IFAMA. More information can be found at: www.ifama.org

Organic milk production in the European Union (EU) costs more than conventional production and therefore requires a price premium (15-25%) and an increase in direct payments to ensure the same level of profitability. In European comparisons, milk yields per cow are lower (9-30%) and stocking...

The purpose of this paper is to examine the financial performance of five pastoral dairy farming systems through the use of financial ratio analysis in the form of the Du Pont model and to determine any differences in the drivers of financial success between systems. The differing level and...

Investing in farmland is fraught with conflicting signals. Oltmans (2001) concludes that while investing in land may generally be profitable it is seldom, if ever, feasible on a cash flow basis. He argues that the non-depreciable nature of land and long-term capital gains are incompatible with...

Business strategy is very important to small and medium family businesses as many are both fragile and vulnerable; strategy provides a solid foundation for survival. Various studies have identified that businesses that engage in strategic management outperform those that do not. Despite this...

Investing in farmland is fraught with conflicting signals. Oltmans (2001) concludes that while investing in land may generally be profitable it is seldom, if ever, feasible on a cash flow basis. He argues that the non-depreciable nature of land and long-term capital gains are incompatible with...

Despite the wealth of information freely available via a range of media, farmers lack both confidence and many of the capabilities to develop their own written strategic business plans. The fact that most farmers do not have a formal strategic plan for their business is testimony to this....