Diversification in Spanish Dairy Farms: Key Drivers of Performance

Recent downward trends in milk prices and the abolition of European Union (EU) milk production quotas have raised questions among Spanish farmers exploring whether diversification initiatives are profitable. The objective of this paper is to provide empirical evidence measuring the financial performance of value-added dairy farm ventures. The study analyzes forty-nine farms in Northern Spain that have diversified activities through milk commercialization and related niche products. Data collected through in-depth interviews with farmers shows that knowledge management, management control systems (MCS) and a differentiated value proposition for customers positively affect performance. Contrary to what is expected, networks and the technological level of the ventures (innovation of the production process and the use of IT systems) do not assure positive performance outcomes.


Editor(s):
IFAMR, IFAMA
Issue Date:
Aug 15 2016
Publication Type:
Journal Article
DOI and Other Identifiers:
(ISSN #: 1559-2448) (Other)
PURL Identifier:
http://purl.umn.edu/244626
Published in:
International Food and Agribusiness Management Review, Volume 19, Special Issue B
Page range:
163-188
Total Pages:
26
JEL Codes:
M10; Q12
Note:
The IFAMR is published quarterly my IFAMA. For more information visit: www.ifama.org.
Series Statement:
Volume 19
Issue B




 Record created 2017-04-01, last modified 2017-08-29

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)