This report looks at the operational risk associated with this industry. Three types of risk are recognized in our analysis. These are: risk arising from within the industry itself (structural risk), risks arising from the expected future performance of the industry (growth risk) and risk arising from forces external to the industry (external sensitivity risk).
This industry consists of farms that mainly raise and milk dairy cattle. This industry is made up of a large number of small dairy farms, the majority of which are family-owned and operated, and producing raw milk.
The primary activities of firms in this industry are:
- Dairy cattle farming
- Raw cattle milk production