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Restructuring agribusiness for the 21st century

Author

Listed:
  • Michael Boehlje

    (Center for Agricultural Business, Department of Agricultural Economics, Purdue University)

  • Jay Akridge

    (Center for Agricultural Business, Department of Agricultural Economics, Purdue University)

  • Dave Downey

    (Center for Agricultural Business, Department of Agricultural Economics, Purdue University)

Abstract

Significant changes are occurring in the agribusiness sector; these changes will dramatically impact the management of agribusiness firms from sourcing of inputs through operations, finance, sales and marketing, to final customer contact. Awareness of these changes is critical for strategic positioning and planning. We discuss 10 changes that we feel will have profound implications for the future structure and performance of the agribusiness industries. © 1995 John Wiley & Sons, Inc.

Suggested Citation

  • Michael Boehlje & Jay Akridge & Dave Downey, 1995. "Restructuring agribusiness for the 21st century," Agribusiness, John Wiley & Sons, Ltd., vol. 11(6), pages 493-500.
  • Handle: RePEc:wly:agribz:v:11:y:1995:i:6:p:493-500
    DOI: 10.1002/1520-6297(199511/12)11:6<493::AID-AGR2720110602>3.0.CO;2-G
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    References listed on IDEAS

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    1. Drabenstott, Mark, 1994. "Industrialization: Steady Current or Tidal Wave?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 9(4), pages 1-5.
    2. Peterson, H. Christopher & Swinton, Scott M., 1992. "Agribusiness Opportunities in the 21st Century," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 7(3), pages 1-4.
    3. Bruce W. Marion & Donghwan Kim, 1991. "Concentration change in selected food manufacturing industries: The influence of mergers vs. internal growth," Agribusiness, John Wiley & Sons, Ltd., vol. 7(5), pages 415-431.
    4. Hurt, Christopher, 1994. "Industrialization in the Pork Industry," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 9(4), pages 1-5.
    5. Michael Boehlje, 1993. "Environmental regulation and corporate policy," Agribusiness, John Wiley & Sons, Ltd., vol. 9(5), pages 495-508.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Willem Ziggers, Gerrit & Trienekens, Jacques, 1999. "Quality assurance in food and agribusiness supply chains: Developing successful partnerships," International Journal of Production Economics, Elsevier, vol. 60(1), pages 271-279, April.
    2. Groenewald, J. A., 1996. "Transformation: The Challenge To Commercial Agriculture," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 35(4), December.
    3. Erkan Rehber, 2000. "Vertical Coordination In The Agro-Food Industry And Contract Farming: A Comparative Study Of Turkey And The Usa," Food Marketing Policy Center Research Reports 052, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    4. Thomas Sporleder & Michael Boland, 2013. "Seven Fundamental Economic Characteristics Exclusivity of Agrifood Supply Chains (part 2)," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 174-180.
    5. Jones, Brian R. & Fulton, Joan R. & Dooley, Frank J., 1999. "Hog Producer Investment In Value-Added Agribusiness: Risk And Return Implications," 1999 Annual meeting, August 8-11, Nashville, TN 21537, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Simon Gollisch & Barbara Hedderich & Ludwig Theuvsen, 2016. "Reference points and risky decision-making in agricultural trade firms: A case study in Germany," Department of Agricultural and Rural Development (DARE) Discussion Papers 260773, Georg-August-Universitaet Goettingen, Department of Agricultural Economics and Rural Development (DARE).
    7. Eric T. Micheels & Hamish R. Gow, 2015. "The Effect of Market Orientation on Learning, Innovativeness, and Performance in Primary Agriculture," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 63(2), pages 209-233, June.
    8. Jean-Marie Nkongolo-Bakenda & Robert Anderson & Jack Ito & Garnet Garven, 2010. "Structural and competitive determinants of globally oriented small- and medium-sized enterprises: An empirical analysis," Journal of International Entrepreneurship, Springer, vol. 8(1), pages 55-86, March.
    9. Danuta Mierzwa, 2021. "Organizational Culture of Cooperative Enterprises in Poland: An Empirical Study," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 241-261.
    10. Nilsson, Tomas K.H. & Fulton, Joan R., 2002. "The Capstone Experience Course In Agricultural Curriculum," 2002 Annual meeting, July 28-31, Long Beach, CA 19582, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Matthias Grossmann (SKOPE) and Mark Poston (DFID), "undated". "Skill Needs and Policies for Agriculture-led Pro-poor Development," QEH Working Papers qehwps112, Queen Elizabeth House, University of Oxford.
    12. Hagelaar, Geoffrey J.L.F. & van der Vorst, Jack G.A.J., 2001. "Environmental Supply Chain Management: Using Life Cycle Assessment To Structure Supply Chains," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 4(4), pages 1-14.
    13. Eric T. Micheels & Andreas Boecker, 2017. "Competitive strategies among Ontario farms marketing direct to consumers," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 5(1), pages 1-23, December.
    14. Malorgio, Giulio & Camanzi, Luca & Grazia, Cristina, 2012. "Supply chain relationships and quality certification schemes: a case study in fisheries," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L'Informatore Agrario, vol. 2012(1), pages 1-18, August.
    15. Kalogeras, Nikos & van der Lans, Ivo A.C.M. & Pennings, Joost M.E. & van Dijk, Gert, 2004. "Members' Preferences For Cooperative Structures: An Experimental Conjoint Study," 2004 Annual meeting, August 1-4, Denver, CO 20292, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Golovina, Svetlana & Nilsson, Jerker & Wolz, Axel, 2012. "The Development of Agricultural Production Cooperatives in Russia," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 40(1), pages 1-17.
    17. Pedro Noguera-Méndez & María Semitiel-García, 2011. "The Embeddedness of the Agro-Food System in the Spanish Interindustrial Structure," International Regional Science Review, , vol. 34(1), pages 34-74, January.
    18. Sporleder, Thomas L. & Boland, Michael A., 2011. "Exclusivity of Agrifood Supply Chains: Seven Fundamental Economic Characteristics," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(5), pages 1-15, December.
    19. Gollisch, Simon & Hedderich, Barbara & Theuvsen, Ludwig, 2016. "Reference points and risky decision-making in agricultural trade firms: A case study in Germany," DARE Discussion Papers 1609, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
    20. Klaus Drescher, 2000. "Assessing aspects of agricultural contracts: An application to German agriculture," Agribusiness, John Wiley & Sons, Ltd., vol. 16(4), pages 385-398.

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