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Displaying 4731 - 4740 of 4980
Acreage
77,55871,913
Per Operator Basis
Total Assets82 8,350,9384,192,831
Value …
Census Acres
97,38781,550
Per Operator Basis
Total Assets82 8,583,0304,459,171
Value …
Capital Managed
84,13992,218
Per Operator Basis
Total Assets82 6,719,0713,435,093
Value …
August 1, 2010
Research Papers and Presentations
land rented on crop share basis). The high-profit farms also …
January 1, 2010
Research Papers and Presentations
land rented on
crop share basis). The high-profit farms …
October 4, 2011
Agribusiness Papers
Byrne, J.A. U.S. firms hoarding $2 trillion, New York Post, August 6, 2011. Available at
http://www.nypost.com/p/news/business/hoarding_cash_Yzfk2c8aK1wAPrZCRdEVnJ
A
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Yet these success stories mask the troubles of an economy stuck in neutral, with gross domestic product
growing at about 1.6%, unemployment rates hovering around 9%, average mortgage delinquency rate in
excess of 5.3% and stock markets exhibiting wild fluctuations on a weekly basis. The positive financial
news does not tell the story of the construction industry, for example, whose unemployment rate
almost 14% and enduring a loss in excess of 23% in its value added between 2007 and 2010, estimated
from Bureau of Labor Statistics and Bureau of Economic Analysis data. The industries with the success
stories have excellent global mobility while those struggling are those constrained to operate
domestically. The mobility affords the companies in these industries the ability to move resources
around to service customers wherever they are. Cargill’s Chairman and CEO, Greg Page, observes in the
explanatory notes to the company’s 2011 performance that “Cargill sought to be a ‘port in the storm’ for
our customers, sourcing food and feedstuffs from multiple origins, handling the logistics, managing the
risk and delivering reliably.”7
Research Purpose and Method
The global nature and the complexity of the recession are making traditional fiscal and monetary
solutions stubbornly ineffective. Yet, the uncertain environment engenders significant opportunities for
businesses and the leaders who have nurtured resources and capabilities to be a “port in the storm” for
their companies to create value and dampen the effects of the turbulence and the challenges.
While it is the government’s job to solve macroeconomic problems, corporate leaders have the
responsibility of ensuring their organizations thrive regardless of the macroeconomic conditions.
Despite this, the general media story line is that business leaders are waiting for the government to
unleash the economy from its shackles so they can invest and hire people. Although this has become an
oft‐repeated refrain, it is prudent to assess its veracity within the agri‐food and agribusiness sector. To
this end, the overall objective of this research is to identify the extent to which agri‐food and
agribusiness leaders see their performance as dependent on the overall performance of the
macroeconomy. The outcome will provide insights on assumptions and perceptions agribusiness and
agri‐food business leaders form about the policy environment and will provide the foundation for
defining solutions to enhance their companies’ strategic capabilities.
To achieve the objective, an online survey was conducted between August 29 and September 5, 2011.
Participation in the survey was limited to specifically‐invited 175 agribusiness and agri‐food business
leaders across the country. The response rate was 57.7% (101), a much higher response rate than is
usually achieved in Internet surveys.
The Respondents
Respondents included agricultural producers (about 38.6%), food processors, distributors and retailers
(25%) and industry service providers (36.5%), primarily seed and genetic suppliers, financial services,
and consultants. About 49% of the respondents’ companies had sales of $4 million or less while 42%
had sales in excess of $10 million. The remaining 9% had sales between $4 and $10 million. Thus, the
respondents were skewed towards small companies, the ones normally presented as being incapable of
effectively responding to the challenges of the recession because of their size and resource situation.
7 …
August 1, 2010
Production Publications
land rented on crop share basis). The high-profit farms also …
January 1, 2010
Production Publications
land rented on
crop share basis). The high-profit farms …
May 1, 2003
Assessing Business Opportunities
August 1, 2003
Farm Business and Transition Planning
is required on an on-going basis. Furthermore, management …