Strategic objectives and development plans of beginning farmers

Taking over the management and ownership of a farm contributes positively to farm growth but little is known about how farmers succeed after the starting phase. We analysed how farmers that have recently started their farm enterprises are going to develop their farms and how do they differ from mor...

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Main Authors: Leena Rantamäki-Lahtinen, Minna Katriina Väre
Format: Article
Language:English
Published: Scientific Agricultural Society of Finland 2012-12-01
Series:Agricultural and Food Science
Online Access:https://journal.fi/afs/article/view/4982
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spelling doaj-86cee07280c348a18728f7621d03f88d2020-11-24T23:07:22ZengScientific Agricultural Society of FinlandAgricultural and Food Science1459-60671795-18952012-12-01214 Strategic objectives and development plans of beginning farmersLeena Rantamäki-Lahtinen0Minna Katriina Väre1MTT Agrifood Research Finland, Economic ResearchMTT Agrifood Research Finland, Economic Research Taking over the management and ownership of a farm contributes positively to farm growth but little is known about how farmers succeed after the starting phase. We analysed how farmers that have recently started their farm enterprises are going to develop their farms and how do they differ from more experienced farmers in some key farm management areas. Data were collected by postal survey from farmers of the Salo region in South-Western Finland. Farmers were categorized into three different groups according to a combination of their age and experience. Farmers who were in the early phase of taking over a farm had better education and better networks than their older counterparts. Younger farmers considered their networks to be more important than did their senior colleagues. The early phase farmer group invested significantly more and had more liabilities than the other two groups. Moreover, early phase farmers were the most active at developing their farms. The late phase farmers were the least active, even when they knew they were going to transfer their farm to next generation within the next few years. Farms should be developed continuously in order to improve the viability of whole farming sector. https://journal.fi/afs/article/view/4982
collection DOAJ
language English
format Article
sources DOAJ
author Leena Rantamäki-Lahtinen
Minna Katriina Väre
spellingShingle Leena Rantamäki-Lahtinen
Minna Katriina Väre
Strategic objectives and development plans of beginning farmers
Agricultural and Food Science
author_facet Leena Rantamäki-Lahtinen
Minna Katriina Väre
author_sort Leena Rantamäki-Lahtinen
title Strategic objectives and development plans of beginning farmers
title_short Strategic objectives and development plans of beginning farmers
title_full Strategic objectives and development plans of beginning farmers
title_fullStr Strategic objectives and development plans of beginning farmers
title_full_unstemmed Strategic objectives and development plans of beginning farmers
title_sort strategic objectives and development plans of beginning farmers
publisher Scientific Agricultural Society of Finland
series Agricultural and Food Science
issn 1459-6067
1795-1895
publishDate 2012-12-01
description Taking over the management and ownership of a farm contributes positively to farm growth but little is known about how farmers succeed after the starting phase. We analysed how farmers that have recently started their farm enterprises are going to develop their farms and how do they differ from more experienced farmers in some key farm management areas. Data were collected by postal survey from farmers of the Salo region in South-Western Finland. Farmers were categorized into three different groups according to a combination of their age and experience. Farmers who were in the early phase of taking over a farm had better education and better networks than their older counterparts. Younger farmers considered their networks to be more important than did their senior colleagues. The early phase farmer group invested significantly more and had more liabilities than the other two groups. Moreover, early phase farmers were the most active at developing their farms. The late phase farmers were the least active, even when they knew they were going to transfer their farm to next generation within the next few years. Farms should be developed continuously in order to improve the viability of whole farming sector.
url https://journal.fi/afs/article/view/4982
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