Number of pages: 16
Type of document: Magazine Article
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More information on authors/freelancers connected to LBI :
Cynthia Verwer Ph.D.
Language of document: English
Title in English: Mini-paper - Farm Management Strategies to increase Robustness and Resilience of Farming systems
Abstract / summary in English:
Dairy production systems European-wide face relevant changes. Open markets with (almost) no state driven regulation like the former Milk quota system on production anymore, growing and expanding farms and cow numbers per farm will give new challenges for the farm enterprise and it will request advanced and new skills for dairy entrepreneurs to stay in the business with a long term perspective. Market partners as well as dairy processing companies will be in competition for the home market (EU) and for an amount of milk and milk products to be exported in non EU countries and worldwide. The rising demand for high quality food (via a rising number of so called mid class consumers who demand valorised dairy products) both gives risks and opportunities to the dairy industry, for both producers and processors.A robust and resilient dairy operation, due to a strategic plan should be able to manage price “valleys” and to recover in times of a stable and prospering income situation.
Keywords in English: Entrepreneur acutes personality, Work load/Work force, Economic analysis/Benchmarking systems, Farm strategy