Determining of Risk Sources and Risk Management Strategies in Dairy Farms: A Case of Çanakkale Province

This study was aimed to determine farmers’ risk sources and risk management strategies in dairy cattle farms inÇanakkale Province. Data were obtained from 302 farms selected by stratified random sampling method from dairyfarms in Biga and Çan districts of Çanakkale province in Turkey between May 2017 and September 2017. Descriptivestatistics and factor analysis were used to analyze the data. The results of this study show that the most important risksource for farmers was lack of credit availability. This risk was followed by inadequacy of artificial insemination andincrease in debt amount. Parasite control was the most important risk management for farmers. This was followed byoff-farm work, off-farm investment and on-farm measures. As a solution to the lack of credit availability, it should beprovided to ease of repayment in credit use and to inceasing opportunities to loan use with low interest rate of farmers.In terms of parasite control in farms, it is important to the use of regularly parasitic drugs and determining of an effectiveparasite control program. As a result, it is expected to contribute to farmers and agricultural policy makers of the findingsof this research

PDF

___

Ağır H B, Saner G & Adanacıoğlu H (2015). Risk sources encountered by farmers in the open field production of strawberry and risk management strategies: a case of Menemen-Emiralem district of İzmir. Journal of Agricultural Sciences 21(1): 13-25
Akçaöz H, Kizilay H & Ozcatalbas O (2009). Risk management strategies in dairy farming a case of study in Turkey. Journal of Animal and Veterinary Advances 8(5): 949-958
Aydın İ & Günlü A (2010). Development of a software program for storing and evaluating technical and financial data in livestock breeding enterprises. Journal of Turkish Veterinary Medical Society 80(4): 21-30
Bishu K G, Reilly S O, Lahiff E & Steiner B (2016). Cattle farmers’ perceptions of riskand risk management strategies: evidence from Northern Ethiopia. Journal of Risk Research 19(1): 1-20
Bradshaw B (2004). Questioning crop diversification as a response to agricultural deregulation in Saskatchewan, Canada. Journal of Rural Studies 20(1): 35-48
Bosch D J & Johnson C J (1992). An evaluation of risk management strategies for dairy farms. Southern Journal of Agricultural Economics 24(2): 173-182
Çukur F, Saner G, Çukur T & Dayan V (2011). Risk and risk strategies on olive farming in milas district of Muğla province, Turkey. Journal of Food, Agriculture & Environment 9(1): 190-194
Eljelly A M A (2004). Liquidity‐profitability tradeoff: an empirical investigation in an emerging market. International Journal of Commerce and Management 14(2): 48-61
Ferraz J B S, Eler J P & Rezende F M (2012). Impact of using artificial insemination on the multiplication of high genetic merit beef cattle in Brazil. Animal Reproduction Science 9(3): 133-138
Flaten O, Lien G, Koesling M, Valle P S & Ebbesvik M (2005). Comparing risk perceptions and risk management in organic and conventional dairy farming: empirical results from Norway. Livestock Production Science 95(1-2): 11-25
Hair J F, Andersen R E, Tatham R L & Black W C (1995). Multivariate Data Analysis. Macmillan Publishing Company, New York
Hall D C, Knight T O, Coble K H, Baquet A E & Patrick G F (2003). Analysis of beef producers’ risk management perceptions and desire for further risk management education. Review of Agricultural Economics 25(20): 430-448
Hawkins J A (1993). Economic benefits of parasite control in cattle. Veterinary Parasitology Veterinary Parasitology 46(1-4): 159-173
Hayran S & Gül A (2015). Risk perception and management strategies in dairy farming: a case of adana province of Turkey. Turkish Journal of Agriculture Food Science and Technology 3(12): 952- 961
Hazneci E & Ceyhan V (2011). Risk analysis of dairy farms in Merzifon district of Amasya province. Mediterrranean Agricultural Sciences 24(2): 109-114
Huirne R B M, Meuwissen M P M, Hardaker J B & Anderson J R (2000). Risk and risk m a n a g e m e n t in agriculture: an overview and empiricial results. International Journal of Risk Assessment and Management 1(1-2): 125-136
Meuwissen M P M, Huirne R B M & Hardaker J B (2001). Risk and risk management: an empirical analysis of dutch livestock farmers. Livestock Production Science 69(1): 43-53
Noordhuizen J P T M & Cannas da S (2014). HACCPbased quality risk management approach to udder health problems on dairy farms. Irish Veterinary Journal 62(4): 21-25
Schaper C, Lassen B & Theuvsen L (2009). Risk management in milk production: a study in five european countries. In: Proceedings of the 113th EAAE Seminar ‘’A Resilient European Food Industry and Food Chain in A Challenging World’’, 3-6 September, Chania, Crete, Greece, pp: 1-16
SPSS (2008). SPSS Statistics Base 17.0 for Windows User’s Guide SPSS Inc, Chicago Thornton P K (2010). Livestock production: recent trends, future prospects. Philosophical Transactions of the Royal Society 365(1554): 2853-2867
Turan N & Altuner F (2014). The roughage production potential, problems and suggestions in Van province. Turkish Journal of Agricultural Research 1(1): 91-97
Turkstat (2016). Statistical indicators. Turkish statistical institute. Retrieved in December, 4, 2016 from http:// www.turkstat.gov.tr/
Özsayın D & Çetin B (2004). Risk and risk management perceptions in the dairy farms with livestock insurance. In: Proceedings of the 4th National Congress of Agricultural Economics, 16-18 September, Tokat, pp: 197-200
Welch P J & Welch G F (2016). Economics: Theory and Practice. John Wiley and Sons Inc, USA Yamane T (1967). Elementary Sampling Theory. PrenticeHall Inc, New Jersey
Zhou H, Nanseki T & Shigeyoshi T (2012). Dairy farmers’ risk perception and risk management in China evidence from Hebei province and inner Mongolia. Agricultural Information Research 21(2): 20-27