Dairy farmers'’ profit margins are under pressure due to the downward trend of EU commodity prices for fluid milk and the increasingly powerful retail sector, in combination with increasing production costs. A likely solution to counter small margins is to add value to raw milk. This paper...

Dairy farmers' profit margins are under pressure due to the downward trend of EU commodity prices for fluid milk and the increasingly powerful retail sector, in combination with increasing production costs. A likely solution to counter small margins is to add value to raw milk. This paper...

To assess the performance of a farmer and to identify best practice among a group of farmers, the assumption is often made that all farmers maximize profits and thus share the same business goals. However, performance differs due to personal characteristics, objectives and strategies. A survey...