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Full-Text Articles in Economics

Covid-19 Impacts On Vermont Farms And Food Businesses: Pivots, Needs And Opportunities For The Future, Meredith T. Niles, Farryl Bertmann, Emily H. Belarmino, Mark Cannella, David S. Conner Feb 2021

Covid-19 Impacts On Vermont Farms And Food Businesses: Pivots, Needs And Opportunities For The Future, Meredith T. Niles, Farryl Bertmann, Emily H. Belarmino, Mark Cannella, David S. Conner

College of Agriculture and Life Sciences Faculty Publications

This report highlights results from a survey of Vermont farm and food businesses conducted during August and September 2020, with a total of 223 respondents. The survey was distributed via a number of non-profit, business, and state agencies in Vermont. Respondents included farms, food and farm product retail, agritourism operators, on-farm food processors, food and beverage manufacturers, nurseries/greenhouses/garden centers, and food hubs/aggregators. Overall, we find the majority of respondents experienced a COVID-19 business impact, especially in market and financial ways. We also find that the majority of respondents had business changes they wanted to make, but couldn't because of a …


Organic Dairy Profitability In Vermont: Measuring The Impacts Of Management And Market Forces On Farm Financial Performance, Jonathan Patrick Walsh Jan 2019

Organic Dairy Profitability In Vermont: Measuring The Impacts Of Management And Market Forces On Farm Financial Performance, Jonathan Patrick Walsh

Graduate College Dissertations and Theses

The total number of operating dairy farms in the US has decreased by 74.1% over the past 25 years, dropping from 155,339 in 1992 to just 40,219 in 2017. As milk prices have fallen and become more volatile, profit margins have tightened, causing farmers to leave the business due to low profitability. Some Vermont farmers are currently looking for new economic strategies. One approach has been to transition from conventional to organic production in order to take advantage of better prices and new market opportunities. In order to make production decisions, farmers need accurate financial information on the costs and …