Risk and Planning in Agriculture: How Planning on Dairy Farms in Ireland Is Affected by Farmers’ Regulatory Focus

Garvey, John; Sirr, Gordon; O’Shea, Deirdre; O’Brien, Fergal

doi:10.1111/risa.13254

Cited by 4 publications

(2 citation statements)

References 36 publications

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“…Besides that, no matter how robust the supply chain is, risks and uncertainties cannot be ruled out and require attention; if unattended, they will affect the supply chain adversely in many ways (Simchi-Levi et al , 2008). On risk in the supply chain, we can find the research conducted by Mishra and Shekhar (2011), Nasir et al (2014), Zubair and Mufti (2015), Daud et al (2015), Liu and Arthanari (2016), Chari and Ngcamu (2017), Prakash et al (2017) and Garvey et al (2018).…”

Section: Literature Reviewmentioning

confidence: 98%

“…In this case, Ghosh et al (2014) found that training facilities and education programmes for staff and dairy farmers are two important risks to mitigate, whereas Prakash et al (2017) found that the supplier side, market risks, and process risks are three important risks to mitigate. Garvey et al (2018) did not list all of the risks in the dairy supply chain. Using regression analysis, they tried to test the relationship between the promotion or prevention focus strategy, which is indicated by the risk of decision making (independent variable), planned expansion strategies (intervening variables) and total milk production (dependent variable).…”

Section: Literature Reviewmentioning

confidence: 99%

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Exploring the best policy scenario plan for the dairy supply chain: a DEMATEL approach

Susanty

Puspitasari

Prastawa

et al. 2020

JM2

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Purpose This research primarily aims to find and analyse the interaction among success factors for improving the performance of Indonesia’s dairy milk supply chain. Further, this research aims to formulate the right policies for improving the performance of the chain based on the success factor that belongs to cause groups. Design/methodology/approach The paper analyses 10 success factors for improving the performance of the Indonesian dairy supply chain with the decision-making trial and evaluation laboratory (DEMATEL) method and analyses the Delphi method to formulate the right policies for improving performance. Findings There are four important influencing factors that directly impact the overall system, i.e. the number of dairy cattle import, national milk demand, the total number of dairy farmers and the number of dairy cattle ownership or herd size. Several alternative policies have been designed by several experts according to the influencing factors, i.e. the government assists in the procurement of imported cattle, provides financial assistance to farmers in the form of low-interest financing, improves the partnership system between farmers and dairy cooperatives, provides a reward system for the farmers and increases the level of formality of contract between the farmers and cooperatives. Research limitations/implications Interrelationships of each success factor and the most important influencing success factors could not be generally determined because it depends on the point of view of the experts. Future research can apply the success factors proposed by this research to the different dairy milk supply chain. Then, this research used only nine experts for formulating alternative policies. Future research may repeat this method using multiple experts to justify the validity of the research. Moreover, this research only explored 21 success factors of the increase in the performance of the Indonesian dairy supply chain. Future research should consider not only the supply side and number of dairy cattle but also several success factors from the causal relationship diagram in the broader dairy milk supply chain. Practical implications This research provides essential insights for policymakers, as they have to understand and evaluate the success factors before formulating several alternative policies. Social implications The research has revealed that the right alternative policies can be designed, as the causal factor has been known. Originality/value This research contributes to applying a combination of causal relationship diagram of System Dynamic and DEMATEL method as a qualitative and quantitative method in one integrated way through performance dairy supply chain analysis. As a result, this research draws a policy for the dairy supply chain referring to the success factor as a cause for the low performance of the Indonesian dairy supply chain.

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Section: Literature Reviewmentioning

confidence: 98%

Section: Literature Reviewmentioning

confidence: 99%

Exploring the best policy scenario plan for the dairy supply chain: a DEMATEL approach

Susanty

Puspitasari

Prastawa

et al. 2020

JM2

View full text Add to dashboard Cite

show abstract

Modelling pasture-based beef production costs using panel data from farms with different soil quality

Tsakiridis,

Hanrahan,

Breen

et al. 2024

Rev Agric Food Environ Stud

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Farm Investment and Adoption of Fixed Milk Price Contracts on Irish Dairy Farms

Pardeshi,

Loughrey,

O'Connor

2024

GER J AGR ECON

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After the milk quota removal in 2015, the Irish dairy industry has expanded dramatically. Various economic, social and environmental considerations are part of farmer’s choice to invest and to expand. This study evaluates selected factors contributing to recent dairy farmer’s investment decisions and examines the relationship between the adoption of Fixed Milk Price Contracts as a risk management tool and farm investments. This research applies the two-stage residual inclusion approach to address this research question using Teagasc NFS data from 2016 to 2021. This approach is applied to control for potential endogeneity including risk aversion. The results point to the economic relevance of the FMC adoption towards farm investment decisions although the magnitude of the association is limited. Subsidies play an important role in the investment decision although they are a small proportion in the overall specialised dairy farm income and provide a relatively stable source of income in Ireland. We finally conclude that, there is scope to improve the design of these FMCs in terms of protecting farmers from drastic margin volatility and to increase the adoption rate

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Risk and Planning in Agriculture: How Planning on Dairy Farms in Ireland Is Affected by Farmers’ Regulatory Focus

Cited by 4 publications

References 36 publications

Exploring the best policy scenario plan for the dairy supply chain: a DEMATEL approach

Exploring the best policy scenario plan for the dairy supply chain: a DEMATEL approach

Modelling pasture-based beef production costs using panel data from farms with different soil quality

Farm Investment and Adoption of Fixed Milk Price Contracts on Irish Dairy Farms

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