IDEAS home Printed from https://ideas.repec.org/a/ags/paaero/324091.html
   My bibliography  Save this article

Sources Of Financing Agricultural Activities In Dairy Farms With Different Scales Of Cow Rearing

Author

Listed:
  • ŁUNIEWSKI, ŁUKASZ
  • GOŁĘBIEWSKA, BARBARA

Abstract

The aim of the research was to evaluate the sources of financing agricultural activities in farms specialized in milk production. The subject of research was a group of family farms located in the Podlaskie and Mazowieckie voivodeships (provinces). The criterion for farm division was the number of cows in the basic herd. There was also an assessment of the most important factors conducive to the development of dairy farms. To do so, the opinions of dairy farmers were used, and their views in this regard were expressed on a five-point Likert scale. The research was conducted on a sample of 100 farms in 2021. The interpretation of the results was made in relation to the criterion adopted in the division of farms into quartiles. It was found that the main source of financing activities in dairy farms was own funds. The highest share of farms using commercial loans was in the group of farms with the largest number of cows. With an increase in the number of cows in a herd, the area of farms increased, which is understandable due to the need to produce roughage. The most important factors influencing the development possibilities of agricultural holdings were the uninterrupted collection of raw material and a stable milk purchase price, which guaranteed the farmers’ financial liquidity.

Suggested Citation

  • Łuniewski, Łukasz & Gołębiewska, Barbara, 2021. "Sources Of Financing Agricultural Activities In Dairy Farms With Different Scales Of Cow Rearing," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2021(2).
  • Handle: RePEc:ags:paaero:324091
    DOI: 10.22004/ag.econ.324091
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/324091/files/1670383.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.324091?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Martin Petrick, 2005. "Empirical measurement of credit rationing in agriculture: a methodological survey," Agricultural Economics, International Association of Agricultural Economists, vol. 33(2), pages 191-203, September.
    2. Nataliya Zinych & Martin Odening, 2009. "Capital market imperfections in economic transition: empirical evidence from Ukrainian agriculture," Agricultural Economics, International Association of Agricultural Economists, vol. 40(6), pages 677-689, November.
    3. Pratap S. Birthal & Ramesh Chand & P. K. Joshi & Raka Saxena & Pallavi Rajkhowa & Md. Tajuddin Khan & Mohd. Arshad Khan & Khyali R. Chaudhary, 2017. "Formal Versus Informal: Efficiency, Inclusiveness and Financing of Dairy Value Chains in Indian Punjab," India Studies in Business and Economics, in: Gyanendra Mani & P.K. Joshi & M.V. Ashok (ed.), Financing Agriculture Value Chains in India, pages 57-87, Springer.
    4. Szymańska, Elżbieta Jadwiga & Dziwulski, Mariusz, 2014. "Poziom Inwestycji I Źródła Ich Finansowania W Gospodarstwach Mlecznych O Różnej Skali Chowu Krów," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2014(6).
    5. Sadowski, Arkadiusz & Wojcieszak-Zbierska, Monika Małgorzata & Beba, Patrycja, 2021. "Territorial differences in agricultural investments co-financed by the European Union in Poland," Land Use Policy, Elsevier, vol. 100(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Krzysztof Firlej & Sebastian Kubala, 2021. "The Financial Determinants of Investment Level Based on the Direction of Production of Agricultural Enterprises in the European Union," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 140-152.
    2. Ritter, Matthias & Hüttel, Silke & Odening, Martin & Seifert, Stefan, 2020. "Revisiting the relationship between land price and parcel size in agriculture," Land Use Policy, Elsevier, vol. 97(C).
    3. M.A. Akudugu, 2011. "Rural banks' financial capital and livelihoods development of women farmers in Ghana," Journal of Enterprising Communities: People and Places in the Global Economy, Emerald Group Publishing Limited, vol. 5(4), pages 248-264, October.
    4. Klaus Deininger & Denys Nizalov & Sudhir K Singh, 2013. "Are mega-farms the future of global agriculture? Exploring the farm size-productivity relationship for large commercial farms in Ukraine," Discussion Papers 49, Kyiv School of Economics.
    5. Anjani Kumar & Ashok K. Mishra & Sunil Saroj & Vinay K. Sonkar & Ganesh Thapa & Pramod K. Joshi, 2020. "Food safety measures and food security of smallholder dairy farmers: Empirical evidence from Bihar, India," Agribusiness, John Wiley & Sons, Ltd., vol. 36(3), pages 363-384, June.
    6. Unal Seven & Semih Tumen, 2020. "Agricultural Credits And Agricultural Productivity: Cross-Country Evidence," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 65(supp01), pages 161-183, December.
    7. J.Ph. Boussemart & K. Kerstens & S. Blancard & W. Briec, 2007. "Technology Adoption in French Agriculture and the role of Financial Constraints," Post-Print hal-00287974, HAL.
    8. Dufhues, Thomas & Buchenrieder, Gertrud & Munkung, Nuchanata, 2012. "Individual social capital and access to formal credit in Thailand," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 123401, International Association of Agricultural Economists.
    9. Ritter, Matthias & Huttel, Silke & Odening, Martin & Seifert, Stefan, 2019. "Revisiting The Relationship Between Land Price And Parcel Size," 2019 Conference (63rd), February 12-15, 2019, Melbourne, Australia 285062, Australian Agricultural and Resource Economics Society (AARES).
    10. Menkhoff, Lukas & Rungruxsirivorn, Ornsiri, 2009. "Village Funds in the Rural Credit Market of Thailand," Proceedings of the German Development Economics Conference, Frankfurt a.M. 2009 45, Verein für Socialpolitik, Research Committee Development Economics.
    11. Natalia V. TRUSOVA & Oleksandr S. PRYSTEMSKYI & Oksana V. HRYVKIVSKA & Alina Zh. SAKUN & Yurii Y. KYRYLOV, 2021. "Modeling Of System Factors Of Financial Security Of Agricultural Enterprises Of Ukraine," Regional Science Inquiry, Hellenic Association of Regional Scientists, vol. 0(1), pages 169-182, June.
    12. Nataliya Zinych & Martin Odening, 2009. "Capital market imperfections in economic transition: empirical evidence from Ukrainian agriculture," Agricultural Economics, International Association of Agricultural Economists, vol. 40(6), pages 677-689, November.
    13. Yun-Cih Chang & Min-Fang Wei & Yir-Hueih Luh, 2021. "Choice of Modern Food Distribution Channels and Its Welfare Effects: Empirical Evidence from Taiwan," Agriculture, MDPI, vol. 11(6), pages 1-13, May.
    14. Hu, Lifang & Zeng, Yinchu & Lopez, Rigoberto A., 2016. "Access to Credit by Traders in Chinese Agricultural Wholesale Markets," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235449, Agricultural and Applied Economics Association.
    15. Saule Burkitbayeva & Emma Janssen & Johan Swinnen, 2019. "Technology Adoption and Value Chains in Developing Countries: Panel Evidence from Dairy in Punjab," LICOS Discussion Papers 41019, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    16. Petrick, Martin & Latruffe, Laure, 2003. "Credit access and borrowing costs in Poland's agricultural credit market: a hedonic pricing approach," IAMO Discussion Papers 46, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    17. Laston Petro Manja & Isatou A. Badjie, 2022. "The Welfare Effects of Formal and Informal Financial Access in the Gambia: A Comparative Assessment," SAGE Open, , vol. 12(1), pages 21582440221, March.
    18. Petrick, Martin, 2004. "Farm investment, credit rationing, and governmentally promoted credit access in Poland: a cross-sectional analysis," Food Policy, Elsevier, vol. 29(3), pages 275-294, June.
    19. Bojnec, Štefan & Fertő, Imre, 2022. "Do different types of Common Agricultural Policy subsidies promote farm employment?," Land Use Policy, Elsevier, vol. 112(C).
    20. Awal Abdul‐Rahaman & Gazali Issahaku & Wanglin Ma, 2023. "Agrifood system participation and production efficiency among smallholder vegetable farmers in Northern Ghana," Agribusiness, John Wiley & Sons, Ltd., vol. 39(3), pages 812-835, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:paaero:324091. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/seriaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.