IDEAS home Printed from https://ideas.repec.org/p/ags/aaea18/273792.html
   My bibliography  Save this paper

A Clustering Approach to Understanding Farmers Success Strategies

Author

Listed:
  • Etumnu, Chinonso E.
  • Gray, Allan W.

Abstract

This paper examines the prioritization of management factors by farmers that lead to the success of their farm business. The research also examines the heterogeneity of producer prioritization of different success strategies. Using a hierarchical clustering approach, we found that each farmer group prioritizes either managing costs, managing output prices, managing people, managing production, or managing assets. The results indicate that the farmer groups are heterogeneous in their prioritization of five strategic management factors. These results provide useful insights for farmers, farm input providers, and farm service providers.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Etumnu, Chinonso E. & Gray, Allan W., 2018. "A Clustering Approach to Understanding Farmers Success Strategies," 2018 Annual Meeting, August 5-7, Washington, D.C. 273792, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea18:273792
    DOI: 10.22004/ag.econ.273792
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/273792/files/Abstracts_18_05_22_13_55_23_56__128_210_122_201_0.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.273792?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
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Nivens, Heather D. & Kastens, Terry L. & Dhuyvetter, Kevin C., 2002. "Payoffs To Farm Management: How Important Is Crop Marketing?," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 34(1), pages 1-12, April.
    2. Lai, John & Olynk Widmar, Nicole J. & Gunderson, Michael A. & Widmar, David A. & Ortega, David L., 2018. "Prioritization of farm success factors by commercial farm managers," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(6), July.
    3. Gloy, Brent A. & Akridge, Jay T. & Whipker, Linda D., 2000. "Sources Of Information For Commercial Farms: Usefulness Of Media And Personal Sources," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 3(2), pages 1-16.
    4. 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.
    5. Agostino Tarsitano, 2009. "Comparing The Effectiveness Of Rank Correlation Statistics," Working Papers 200906, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    6. 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.
    7. Gloy, Brent A. & Akridge, Jay T., 2000. "Computer And Internet Adoption On Large U.S. Farms," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 3(3), pages 1-16.
    8. 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.
    9. Eugenio Brentari & Livia Dancelli & Marica Manisera, 2016. "Clustering ranking data in market segmentation: a case study on the Italian McDonald's customers’ preferences," Journal of Applied Statistics, Taylor & Francis Journals, vol. 43(11), pages 1959-1976, August.
    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. Florian Diekmann & Cäzilia Loibl & Marvin T. Batte, 2009. "The Economics of Agricultural Information: Factors Affecting Commercial Farmers’ Information Strategies in Ohio," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(4), pages 853-872.
    2. 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.
    3. Schwering, Dorothee Schulze & Hollenbeck, Anna & Krone, Saskia & Spiller, Achim & Lemken, Dominic, 2022. "Crop protection market segmentation: relationship between buyer segments and the use of digital sales channels," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 25(4), September.
    4. Reimer, Aaron & Downey, W. Scott & Akridge, Jay T., 2009. "Market Segmentation Practices of Retail Crop Input Firms," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 12(1), pages 1-34, February.
    5. Lai, John & Olynk Widmar, Nicole J. & Gunderson, Michael A. & Widmar, David A. & Ortega, David L., 2018. "Prioritization of farm success factors by commercial farm managers," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(6), July.
    6. Garcia-Jimenez, Carlos I. & Mishra, Ashok K. & Paxton, Kenneth W. & Lambert, Dayton M. & Velandia, Margarita M. & Rejesus, Roderick M. & Segarra, Eduardo, 2011. "The Relevance of Information Sources on Adoption of Precision Farming Technologies by Cotton Producers," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98123, Southern Agricultural Economics Association.
    7. Briggeman, Brian C. & Whitacre, Brian E., 2010. "Farming and the Internet: Reasons for Non-Use," Agricultural and Resource Economics Review, Cambridge University Press, vol. 39(3), pages 571-584, October.
    8. Jay T. Akridge, 2003. "E-Business in the Agricultural Input Industries," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 25(1), pages 3-13.
    9. Baer, Alexander G. & Brown, Cheryl, 2006. "Adoption of E-Marketing by Direct Market Farms in the Northeastern U.S," 2006 Annual meeting, July 23-26, Long Beach, CA 21320, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. McBride, William D. & Johnson, James D., 2006. "Defining and Characterizing Approaches to Farm Management," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 38(1), pages 1-13, April.
    11. Woods, Elizabeth, 2002. "Agenda for the 21st Century: What does the future hold for agricultural and resource economists? Agricultural and resource economists – contributors to improving the triple bottom line," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 174055, Australian Agricultural and Resource Economics Society.
    12. Stenberg, Peter L. & Morehart, Mitchell J. & Vogel, Stephen J. & Cromartie, John & Breneman, Vincent E. & Brown, Dennis M., 2009. "Broadband Internet's Value for Rural America," Economic Research Report 55944, United States Department of Agriculture, Economic Research Service.
    13. Todd H. Kuethe & Mitch Morehart, 2012. "The profit impacts of risk management tool adoption," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 72(1), pages 104-116, May.
    14. Jaworski Jacek & Sokołowska Katarzyna & Kondraszuk Tomasz, 2017. "Sources of Strategic Information in Farm Management in Poland. Study Results," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 25(1), pages 98-120, March.
    15. Claudio M. Rocco & Kash Barker & Jose Moronta, 2022. "Determining the best algorithm to detect community structures in networks: application to power systems," Environment Systems and Decisions, Springer, vol. 42(2), pages 251-264, June.
    16. Adamides, G. & Stylianou, A., 2013. "ICT and Mobile Phone Use for Agricultural Knowledge Sharing by Cypriot Farmers," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 5(2), pages 1-8, June.
    17. Andreu, Monica Lopez & Featherstone, Allen M. & Langemeier, Michael R. & Grunewald, Orlen C., 2006. "Impact of Financial Variables on Production in Kansas Farms Efficiencies," 2006 Annual meeting, July 23-26, Long Beach, CA 21406, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    18. Batte, Marvin T., 2006. "Shopping at the Farm Office: What is the Future of Farm e-Commerce?," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2006, pages 1-6.
    19. Taragola, Nicole & Van Huylenbroeck, Guido & Van Lierde, Dirk, 2002. "Use of Information, Product Innovation and Financial Performance on Belgian Glasshouse Holdings," 13th Congress, Wageningen, The Netherlands, July 7-12, 2002 6991, International Farm Management Association.
    20. Annabell Franz & Christian Schaper & Achim Spiller & Ludwig Theuvsen, 2010. "Geschäftsbeziehungen zwischen Landwirten und Lohnunternehmen: Ergebnisse einer empirischen Analyse," Journal of Socio-Economics in Agriculture (Until 2015: Yearbook of Socioeconomics in Agriculture), Swiss Society for Agricultural Economics and Rural Sociology, vol. 3(1), pages 195-230.

    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:aaea18:273792. 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/aaeaaea.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.