Profitability development of Czech dairy farms

Kroupová, Zdeňka Žáková

doi:10.17221/131/2015-agricecon

Cited by 21 publications

(11 citation statements)

References 15 publications

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“…The profitability of dairy farms can be improved by new technologies, better nutrition, herd management and advances in genetics (Stelwagen et al, 2013). It is recognized that the old EU members have more specialized dairy farms and their share is about 95% (Kroupova, 2016). The economic development of dairy farms can be measured by the total standard output (SO -SE005=total standard output in €/1 000).…”

Section: Characteristics Of Dairy Farms In the Eumentioning

confidence: 99%

“…Our analysis confirmed that dairy farms from Czech Republic gained much from their accession to the EU. According to Kroupova (2016) the new members of the EU had the growth in milk yield, the reduction in the number of cows and world market price development. As a result, the increase of milk production in specialized dairy farms has been observed.…”

Section: The Hellwig Measure Of Economic Sustainability Of Dairy Farmmentioning

confidence: 99%

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Economic Sustainability of Dairy Farms in the EU

Bórawski¹,

Pawlewicz²,

Mickiewicz³

et al. 2020

ERSJ

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Purpose: The objective of this research is to evaluate changes in the economic sustainability of dairy farms in the European Union (EU) countries during 2007-2016 when dairy quotas were being removed in the EU. We wanted to answer the question what is the economic sustainability of dairy farms in the EU, and how has the economic sustainability in the EU countries changed after the accession of new member states in 2004 and 2017. Design/Approach/Methodology: An economic sustainability assessment of farms was conducted using the Farm Accountancy Data Network (FADN) census data with several economic efficiency indicators. We analyzed variables using the Hellwig method. Findings: Results indicate that milk production increased in almost all the countries of the EU, as did their economies. The largest annual increase in standard output (SO) was in Denmark, Slovakia, Czech Republic, Sweden and United Kingdom. In turn, the smallest annual increase in SO was in Lithuania, Bulgaria, Latvia and Poland. Dairy farms in the Czech Republic and Denmark had the highest economic sustainability, while dairy farms in Bulgaria, Croatia, Poland, Romania and Slovenia had the lowest economic sustainability. Practical Implications: While not providing a comprehensive assessment, the indicators used do provide important information about economic impacts related to the scale and distribution of production, difference in labor cost, sources of income and maintenance of farms. Originality/Value: Modern dairy farms must have production efficiency and environmental compliance to achieve sustainability. Much of the current literature focuses on the efficiency and environmental aspects of sustainability and there is a lack of data that assesses economic sustainability.

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Section: Characteristics Of Dairy Farms In the Eumentioning

confidence: 99%

Section: The Hellwig Measure Of Economic Sustainability Of Dairy Farmmentioning

confidence: 99%

Economic Sustainability of Dairy Farms in the EU

Bórawski¹,

Pawlewicz²,

Mickiewicz³

et al. 2020

ERSJ

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“…Однак, на думку чеських науковців, технологічна ефективність не є найважливішим фактором, що визначає прибутковість. Зміна ціни впливає на зміну прибутковості значно більше (Zakova Kroupova, 2016). Ціна є також мотиваційним чинником у молочному скотарстві для фермерів (Gorbanyuk, 2018).…”

Section: таблицяunclassified

Economic framework of dairy family farms development

et al. 2019

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One of main industry of livestock in Ukraine there is the dairy farming on the cost of gross value products, development of which status substantially influences on food security providing and AIC export potential forming. However much the about two third of industry gross value products made by households, which are characterized with the low level of efficiency and marketability. In the article the conducted researches are in relation to development dairy cattle breeding in Ukraine by creation of farms, including family type, on the base of households. Achievement of the put purpose, in our viewpoint, possible at forming of economic interest to work in dairy farming at the active rural population. As a result of research certainly basic economic criteria of farms development taking into account the maximum scales of production activity, cost of sales, and also necessary level of technological and economic efficiency, which will be instrumental in the successful functioning of such economic agent. The economic framework of dairy production is developed in the family farms of three types, which differ on the quantity of cows and sales prices for milk. Certainly, that the cost of the advanced capital which is needed for milk production organization in family farms will differ from 25 to 60 thousand euro taking into account state support indemnifications on the purchase of the fixed assets, scales of production and present material and technical resources of households, which creation is offered on the base of. Creation of farms with a herd not less than 20 cows at the farm gate wholesale milk price and also farms with a herd not less than 9 cows, in a that number the already existent households created on a base subject to condition organization sales of total mine-out products on prices which are close to the retail, with the purpose of average monthly sufficient sum of cash flow achievement which will be instrumental in forming economic and investment interest, among the capable of working habitants in rural areas to produce milk is offered. Recoupment of such farms depending on the scales of production, milk sale prices and level of state support, will make from 3 to 6 years. The important condition of rapid family farms recoupment is a state support level, cows productivity and milk prices. Also certainly basic indexes of economic efficiency and investment attractiveness of milk production in the offered three types of farms. Conducted economic analysis of main indexes of efficiency, on the basis of which the best possible option dairy family farm is justify. The scientifically substantiated that family dairy farms development on the base of households in rural areas will be instrumental in the increase of economic potential of the dairy farming in Ukraine.

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“…Solving the task of food security on a global scale requires efficient management of agribusiness in separate clusters of crops and animal husbandry [11]. Mathematical methods for improving dairy production in line with national features of activities are successfully applied in assessing the competitiveness of dairy producers in Slovakia [12], in comparing profitability of specialized dairy and mixed farms in the Czech Republic [13], in predicting wholesale and retail prices for milk in Hungary [14]. However, the current state of milk production in Ukraine and in regions leads to a conclusion that the employment of mathematical apparatus for improving management in agriculture is among the unsolved issues.…”

Section: Literature Review and Problem Statementmentioning

confidence: 99%