Productive efficiency and risks for dairy farms: an integrative review

Abstract

The operational efficiency is essential for the development of the dairy farming, and it is connected to factor of production as land, labor, and capital. The misuse of these resources may afford risks to milk production due to the possible increase of operational inefficiency. Because of this, it was proposed to analyze the connection between operational efficiency and risks by developing a framework that composes different research associated with dairy farming. Qualitative research was carried out using the integrative literature review technique from four papers about the efficiency and risks in dairy farms from the state of Minas Gerais. These papers were found in databases Web of Science and Scopus from 2010 to 2020. Through the strategic efficiency and risk management framework, the main characteristics that make up the efficiency of dairy farms and the risks that may impact them, as well as the future prospects to the milk agribusiness, were identified. It is necessary new research that investigates how the risks that appear with the growth in the level of specialization, professional training, and the production frontier may impact the development and the risks in the dairy farms. This research contributes to the advancement of scientific knowledge about the efficiency and risks in Brazilian dairy farms and helps the milk producers to identify which are the greatest risks of milk production.

Keywords:
sustainability; production frontier; risk management