Strategies and Time Allocation of Large, Commercial Agricultural Producers
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This research assesses how managers
of farms with more than one million
dollars in gross annual revenue evaluate
strategies and allocate time. We find that
farm managers place greater emphasis
on controlling costs and managing
production as strategies for success.
Interestingly, very few producers spend
most of their time controlling costs. As
farmers get larger, managers are more apt
to find managing people an important
strategy and use of time.