What is the problem?

Opportunities for new farm to address constraints on small-medium size family farms

What did the research involve?

Are broadacre producers interested in pursuing opportunities to develop joint venture (JV) farms?

• What joint venture business structure characteristics are most attractive to broadacre grain producers?
• Are there unique socio-demographic and attitudinal variables associated with interest in different joint venture structures?

What were the key findings?

• Reasons for considering a joint venture
• What are the options for joint venture?

Final comment

There is a small, but significant niche farmer interest in the adoption of JV structures, despite the current low levels of adoption.

• Farmers are interested in a diverse range of joint venture structure characteristics.
• Important farmer segments were identified that are more open to collaboration and considering a range of JV decision models.
• Structures that can accommodate members with different preferences for control need exploring.