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Strategies and Time Allocation of Large, Commercial Agricultural Producers

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  • Ringelberg, Josiah
  • Gunderson, Michael
  • Widmar, David

Abstract

This research assesses how managers of farms with more than one million dollars in gross annual revenue evaluate strategies and allocate time. We find that farm managers place greater emphasis on controlling costs and managing production as strategies for success. Interestingly, very few producers spend most of their time controlling costs. As farmers get larger, managers are more apt to find managing people an important strategy and use of time.

Suggested Citation

  • Ringelberg, Josiah & Gunderson, Michael & Widmar, David, 2016. "Strategies and Time Allocation of Large, Commercial Agricultural Producers," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2016, pages 1-20.
    • Handle: RePEc:ags:jasfmr:236668
    DOI: 10.22004/ag.econ.236668
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    References listed on IDEAS

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    1. Ayal Kimhi, 1996. "Demographic composition of farm households and its effect on time allocation," Journal of Population Economics, Springer;European Society for Population Economics, vol. 9(4), pages 429-439.
    2. Kimhi, Ayal, 1996. "Demographic Composition of Farm Households and Its Effect on Time Allocation," Journal of Population Economics, Springer;European Society for Population Economics, vol. 9(4), pages 429-439, November.
    3. Gloy, Brent A. & Akridge, Jay T., 1999. "Segmenting The Commercial Producer Marketplace For Agricultural Inputs," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 2(2), pages 1-19.
    4. Harbor, Anetra L. & Martin, Marshall A. & Akridge, Jay T., 2008. "Assessing Input Brand Loyalty among U.S. Agricultural Producers," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 11(1), pages 1-18, February.
    5. McBride, William D. & Johnson, James D., 2006. "Defining and Characterizing Approaches to Farm Management," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 38(1), pages 155-167, April.
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    Cited by:

    1. Etumnu, Chinonso & Gray, Allan W., 2020. "A Clustering Approach to Understanding Farmers’ Success Strategies," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 52(3), pages 335-351, August.

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    Agricultural and Food Policy;

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