Lungelo P. Cele, Thia Hennessy, John Eakins, Fiona Thorne
Abstract In 2019, Ireland was the third-largest exporter of butter in the world butter market but Irish butter prices have been more volatile compared to other Irish dairy products. Yet, empirical research that examines the market price dynamics and international competitor behavior in the butter market remains scarce. The Vector Error Correction Model was applied to data from 1970–2019, to test the extent to which changes in competitor butter prices and Irish farm milk prices had an impact on Irish butter prices. The results provide evidence of asymmetric price transmissions, Irish butter prices were more responsive to shocks in New Zealand (NZ) butter prices and Irish farm milk prices in the long-run. Declining world milk prices over time, related to milk supply, perishability and storability factors, may prevent symmetric response of Irish milk prices to changes/shocks in Irish butter prices. Moreover, different target markets and EU/NZ policies for Ireland and NZ butter may prevent symmetric response of Irish butter prices to changes/shocks from NZ butter prices. Essentially, the take home message for the butter industry is that Irish butter prices must not be studied in isolation, NZ is a major butter competitor to Ireland in the world market and NZ butter prices play a significant role on how Irish butter prices change.
{"title":"Price transmission analysis of Irish butter export prices in the world butter market","authors":"Lungelo P. Cele, Thia Hennessy, John Eakins, Fiona Thorne","doi":"10.22434/ifamr2022.0074","DOIUrl":"https://doi.org/10.22434/ifamr2022.0074","url":null,"abstract":"Abstract In 2019, Ireland was the third-largest exporter of butter in the world butter market but Irish butter prices have been more volatile compared to other Irish dairy products. Yet, empirical research that examines the market price dynamics and international competitor behavior in the butter market remains scarce. The Vector Error Correction Model was applied to data from 1970–2019, to test the extent to which changes in competitor butter prices and Irish farm milk prices had an impact on Irish butter prices. The results provide evidence of asymmetric price transmissions, Irish butter prices were more responsive to shocks in New Zealand (NZ) butter prices and Irish farm milk prices in the long-run. Declining world milk prices over time, related to milk supply, perishability and storability factors, may prevent symmetric response of Irish milk prices to changes/shocks in Irish butter prices. Moreover, different target markets and EU/NZ policies for Ireland and NZ butter may prevent symmetric response of Irish butter prices to changes/shocks from NZ butter prices. Essentially, the take home message for the butter industry is that Irish butter prices must not be studied in isolation, NZ is a major butter competitor to Ireland in the world market and NZ butter prices play a significant role on how Irish butter prices change.","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-07-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135602120","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Muhammad Waqas, Farzan Yahya, Ammar Ahmed, José E. Muñoz
Abstract The main objective of the study is to examine the complementary and ambidextrous effects of leadership on organizational ambidexterity along with the moderating role of market orientation (MO). Using survey data from a sample of 430 agribusiness firms, we found that excess humility leads to an imbalance between exploration and exploitation. This detrimental effect of superfluous humility can be mitigated when the charisma co-exists with humility and the ambidextrous effect of these two traits have an advantage beyond their individual effect. Furthermore, balanced MO improves organizational ambidexterity more effectively compared to the individual effects of responsive or proactive MO. Results also show that ambidextrous MO positively moderates the relationship between CEO charismatic-humble leadership and organizational ambidexterity. Besides the aforementioned theoretical contributions, this study has certain managerial implications. The findings suggest that CEOs can improve organizational ambidexterity with their charisma and humility. Additionally, strong visions of charismatic leaders and continuous recognition from humble leaders are necessary for contextual ambidextrous outcomes.
{"title":"Threefold Ambidexterity of Agribusiness: Leadership, Market Orientation, and Structural Balance","authors":"Muhammad Waqas, Farzan Yahya, Ammar Ahmed, José E. Muñoz","doi":"10.22434/ifamr2020.0212","DOIUrl":"https://doi.org/10.22434/ifamr2020.0212","url":null,"abstract":"Abstract The main objective of the study is to examine the complementary and ambidextrous effects of leadership on organizational ambidexterity along with the moderating role of market orientation (MO). Using survey data from a sample of 430 agribusiness firms, we found that excess humility leads to an imbalance between exploration and exploitation. This detrimental effect of superfluous humility can be mitigated when the charisma co-exists with humility and the ambidextrous effect of these two traits have an advantage beyond their individual effect. Furthermore, balanced MO improves organizational ambidexterity more effectively compared to the individual effects of responsive or proactive MO. Results also show that ambidextrous MO positively moderates the relationship between CEO charismatic-humble leadership and organizational ambidexterity. Besides the aforementioned theoretical contributions, this study has certain managerial implications. The findings suggest that CEOs can improve organizational ambidexterity with their charisma and humility. Additionally, strong visions of charismatic leaders and continuous recognition from humble leaders are necessary for contextual ambidextrous outcomes.","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136286498","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Abstract The trade dispute between the U.S. and China significantly cut agricultural product sales to a major foreign market and drastically hurt Midwest farmers’ pocketbooks. To explore Midwest farmers’ attitudes toward China and the trade dispute, we surveyed 693 farmers in Illinois, Iowa, and Minnesota. We found that farmers’ attitudes toward China were generally unfavourable; farmers were also somewhat pessimistic about the outcome of the trade dispute. Additionally, we found that farmers’ attitudes toward the trade dispute were driven by their disposition toward China, the information they obtained from interpersonal and media sources, the perceived credibility of media sources, their propensity to take on risks, income, and years of farming. Farmers’ attitudes toward China, on the other hand, were influenced by the degree to which they saw information sources as credible. We also found that farmers’ attitudes toward China played a mediating effect in the positive impact of media credibility on farmers’ attitudes toward the trade dispute.
{"title":"American Farmers’ Attitudes toward China and the U.S.–China Trade Dispute: A Mediated Relationship","authors":"Guang Han, Lulu Rodriguez, Shuyang Qu","doi":"10.22434/ifamr2022.0171","DOIUrl":"https://doi.org/10.22434/ifamr2022.0171","url":null,"abstract":"Abstract The trade dispute between the U.S. and China significantly cut agricultural product sales to a major foreign market and drastically hurt Midwest farmers’ pocketbooks. To explore Midwest farmers’ attitudes toward China and the trade dispute, we surveyed 693 farmers in Illinois, Iowa, and Minnesota. We found that farmers’ attitudes toward China were generally unfavourable; farmers were also somewhat pessimistic about the outcome of the trade dispute. Additionally, we found that farmers’ attitudes toward the trade dispute were driven by their disposition toward China, the information they obtained from interpersonal and media sources, the perceived credibility of media sources, their propensity to take on risks, income, and years of farming. Farmers’ attitudes toward China, on the other hand, were influenced by the degree to which they saw information sources as credible. We also found that farmers’ attitudes toward China played a mediating effect in the positive impact of media credibility on farmers’ attitudes toward the trade dispute.","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136286499","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-22DOI: 10.22434/ifamr-2022-0136r1
Esteban R. Brenes, Octavio Martinez, Maria Fernanda Lopez, Luciano Ciravegna, Caleb A. Pichardo
Abstract In November 2018, John Warrington, CEO of Cacao Oro de Nicaragua, was about to share a recommendation that would surely change the company’s future. Over the last few weeks, John had engaged in analyzing the evolution of the company and the implications for its future. As a result, he felt the need to formulate a competitive strategy to guide the expansion in the next few years. He identified four market options: first, to focus on bulk cocoa, with commodity prices and high-volume transactions; second, to specialize in fine or flavor cocoa, with high price premiums and low-volume transactions; third, to focus on certified bulk cocoa, with small price premiums and high-volume transactions; and, finally, to develop a “mixed” strategy with a combination of the three previous options. A few years earlier, plans were underway to develop 10 000 ha of cocoa in Nicaragua to become the world’s largest cocoa producer. To start the venture, the first effort was to restore a 3000-ha farm in Rosita, a region on the Atlantic coast of Nicaragua, damaged by Hurricane Félix in 2008. In 2014, Cacao was born with restoration works to enable 2000 ha for cocoa cultivation. The first harvest in 2017 confirmed that the project was on the right track. And John thought that the time was ripe to reflect on the company’s future strategy. The Teaching Note to this article can be accessed at 10.6084/m9.figshare.23500566 .
{"title":"Cacao Oro","authors":"Esteban R. Brenes, Octavio Martinez, Maria Fernanda Lopez, Luciano Ciravegna, Caleb A. Pichardo","doi":"10.22434/ifamr-2022-0136r1","DOIUrl":"https://doi.org/10.22434/ifamr-2022-0136r1","url":null,"abstract":"Abstract In November 2018, John Warrington, CEO of Cacao Oro de Nicaragua, was about to share a recommendation that would surely change the company’s future. Over the last few weeks, John had engaged in analyzing the evolution of the company and the implications for its future. As a result, he felt the need to formulate a competitive strategy to guide the expansion in the next few years. He identified four market options: first, to focus on bulk cocoa, with commodity prices and high-volume transactions; second, to specialize in fine or flavor cocoa, with high price premiums and low-volume transactions; third, to focus on certified bulk cocoa, with small price premiums and high-volume transactions; and, finally, to develop a “mixed” strategy with a combination of the three previous options. A few years earlier, plans were underway to develop 10 000 ha of cocoa in Nicaragua to become the world’s largest cocoa producer. To start the venture, the first effort was to restore a 3000-ha farm in Rosita, a region on the Atlantic coast of Nicaragua, damaged by Hurricane Félix in 2008. In 2014, Cacao was born with restoration works to enable 2000 ha for cocoa cultivation. The first harvest in 2017 confirmed that the project was on the right track. And John thought that the time was ripe to reflect on the company’s future strategy. The Teaching Note to this article can be accessed at 10.6084/m9.figshare.23500566 .","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136286500","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Production by smallholders in rural Kenya is limited by institutional, technical and investment constraints. Female farmers are the majority among smallholders and have significant roles in agriculture; nonetheless, they face constraints in accessing resources. Recent primary data of 347 farmers (proportional random sampling) was used to examine: (a) factors affecting women’s participation in agriculture; (b) factors influencing female farmers’ decision to join a farmer group; and (c) the effect of women’s membership in a farmer group on crop yield. We applied Probit and linear regression with endogenous treatment maximum likelihood methods. Results reveal that women’s participation is positively influenced by membership in a farmer group and land ownership. Women’s decision to join a farmer group is positively affected by access to credit, and negatively by limited decision-making power and lack of access to land. Crop yield is positively affected by membership years in a farmer group and ownership of mobile phones, negatively by lack of credit. Farmer groups are a particularly effective platform to improve crop yields and other constraints confronting female farmers. Surprisingly, this platform is under-utilised. Policymakers should invest in human, financial and physical capital of farmer groups as a pathway to rural development, improved rural livelihoods and reduced poverty.
{"title":"Do farmer groups improve the situation of women in agriculture in rural Kenya?","authors":"Rose Ingutia, J. Sumelius","doi":"10.22434/IFAMR2020.0142","DOIUrl":"https://doi.org/10.22434/IFAMR2020.0142","url":null,"abstract":"Production by smallholders in rural Kenya is limited by institutional, technical and investment constraints. Female farmers are the majority among smallholders and have significant roles in agriculture; nonetheless, they face constraints in accessing resources. Recent primary data of 347 farmers (proportional random sampling) was used to examine: (a) factors affecting women’s participation in agriculture; (b) factors influencing female farmers’ decision to join a farmer group; and (c) the effect of women’s membership in a farmer group on crop yield. We applied Probit and linear regression with endogenous treatment maximum likelihood methods. Results reveal that women’s participation is positively influenced by membership in a farmer group and land ownership. Women’s decision to join a farmer group is positively affected by access to credit, and negatively by limited decision-making power and lack of access to land. Crop yield is positively affected by membership years in a farmer group and ownership of mobile phones, negatively by lack of credit. Farmer groups are a particularly effective platform to improve crop yields and other constraints confronting female farmers. Surprisingly, this platform is under-utilised. Policymakers should invest in human, financial and physical capital of farmer groups as a pathway to rural development, improved rural livelihoods and reduced poverty.","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76370262","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Fortified fruit juice represents a growing segment in the otherwise contracting juice industry. Health concerns and changing food policy have driven US consumers to demand fruit juice fortified with micronutrients. Fruit-juice manufacturers have responded by expanding their portfolio to include juice products fortified with vitamins and minerals. This study is the first to analyze determinants of US household expenditures on fortified fruit juice. Collectively, results indicate fruit-juice fortification is a viable strategy for improving public health among demographic subgroups that are disproportionately vulnerable or at-risk for nutrient deficiencies. Findings suggest that fruit-juice manufacturers’ fortification efforts are improving the nutritional intake of toddlers and children but are less effective at reaching other demographic subgroups (rural and minority-headed households) with high nutrient-deficiency incidence. Manufacturers should consider employing targeted marketing and outreach efforts to maximize improvement in dietary quality among fruit-juice consumers.
{"title":"Determinants of US household expenditures on fortified fruit juice","authors":"Andrea Leschewski, Cole Sellnow","doi":"10.22434/IFAMR2020.0191","DOIUrl":"https://doi.org/10.22434/IFAMR2020.0191","url":null,"abstract":"Fortified fruit juice represents a growing segment in the otherwise contracting juice industry. Health concerns and changing food policy have driven US consumers to demand fruit juice fortified with micronutrients. Fruit-juice manufacturers have responded by expanding their portfolio to include juice products fortified with vitamins and minerals. This study is the first to analyze determinants of US household expenditures on fortified fruit juice. Collectively, results indicate fruit-juice fortification is a viable strategy for improving public health among demographic subgroups that are disproportionately vulnerable or at-risk for nutrient deficiencies. Findings suggest that fruit-juice manufacturers’ fortification efforts are improving the nutritional intake of toddlers and children but are less effective at reaching other demographic subgroups (rural and minority-headed households) with high nutrient-deficiency incidence. Manufacturers should consider employing targeted marketing and outreach efforts to maximize improvement in dietary quality among fruit-juice consumers.","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80810230","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Building on the institutional theory of corporate social responsibility (CSR) and research on CSR in the agriculture of post-Soviet transition economies, the present paper investigates the institut...
{"title":"Determinants of corporate social responsibility among farms in Russia and Kazakhstan: a multilevel approach using survey data","authors":"A. Hajdú, T. Gagalyuk, E. Bukin, M. Petrick","doi":"10.22434/IFAMR2020.0197","DOIUrl":"https://doi.org/10.22434/IFAMR2020.0197","url":null,"abstract":"Building on the institutional theory of corporate social responsibility (CSR) and research on CSR in the agriculture of post-Soviet transition economies, the present paper investigates the institut...","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89024820","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
T. Gagalyuk, Lioudmila Chatalova, Oleksandr Kalyuzhnyy, I. Ostapchuk
Large firms operating in underdeveloped institutional environments of transition economies tend to invest in seemingly unrewarded corporate social responsibility (CSR) initiatives. To explain this ...
{"title":"Broadening the scope of instrumental motivations for CSR disclosure: an illustration for agroholdings in transition economies","authors":"T. Gagalyuk, Lioudmila Chatalova, Oleksandr Kalyuzhnyy, I. Ostapchuk","doi":"10.22434/IFAMR2020.0210","DOIUrl":"https://doi.org/10.22434/IFAMR2020.0210","url":null,"abstract":"Large firms operating in underdeveloped institutional environments of transition economies tend to invest in seemingly unrewarded corporate social responsibility (CSR) initiatives. To explain this ...","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73949307","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Despite increasing concerns about the potential negative impacts of neonicotinoid insecticides on pollinator insect health in the regulatory community, public perceptions about the use of such pest...
尽管监管界越来越关注新烟碱类杀虫剂对传粉昆虫健康的潜在负面影响，但公众对使用这种害虫的看法……
{"title":"Effects of pollinator related information on consumer preference for neonicotinoid labeling","authors":"H. Khachatryan, Xuan Wei, A. Rihn","doi":"10.22434/IFAMR2020.0158","DOIUrl":"https://doi.org/10.22434/IFAMR2020.0158","url":null,"abstract":"Despite increasing concerns about the potential negative impacts of neonicotinoid insecticides on pollinator insect health in the regulatory community, public perceptions about the use of such pest...","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87753479","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This paper presents a dynamic perspective on the processes of farm restructuring following farm acquisitions by large-scale agroholdings in Ukraine. In particular, the paper employs a large dataset...
{"title":"Post-acquisition integration and growth of farms: the case of Ukrainian agroholdings","authors":"I. Ostapchuk, T. Gagalyuk, J. Curtiss","doi":"10.22434/IFAMR2020.0188","DOIUrl":"https://doi.org/10.22434/IFAMR2020.0188","url":null,"abstract":"This paper presents a dynamic perspective on the processes of farm restructuring following farm acquisitions by large-scale agroholdings in Ukraine. In particular, the paper employs a large dataset...","PeriodicalId":101231,"journal":{"name":"The International Food and Agribusiness Management Review","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-04-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88743057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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