Volume 8
Issue 4
Economics
JOURNAL OF
POLISH
AGRICULTURAL
UNIVERSITIES
Available Online: http://www.ejpau.media.pl/volume8/issue4/abs-46.html
MILK PRODUCTION PROFITABILITY – MULTIPLE REGRESSION ANALYSIS
Sławomir Juszczyk
Institute of Agribusiness, Swietokrzyski University of Kielce, Poland
ABSTRACT
The aim of this research was to analyze the factors which contribute to the economic and organizational conditions of milk production profitability. Specialized farms in the Central Macroregion are featured. In the years 1997 – 2001 the costs were to achieve profitability in direct milk production. Apart from the direct costs and the average purchase price in the particular years of research, on average twice as high as the prices, other variables imparted the level of direct profitability. The greatest number of additional defining variables occurred in 2000. They were: complexity of technology, milk productivity per cow per year, replacement cow factor, value of milk sold, value of cattle production (without milk), milk cooler ownership, and summer pasture availability. In 2001, it was important to have a computer with software to analyze farm milk production and costs.
Key words: milk production, profitability, regression analysis, farm structure.
Sławomir Juszczyk
Institute of Agribusiness, Swietokrzyski University of Kielce, Poland
Wola Bykowska 13/1, 97-306 Grabica, Poland
email: sjuszczyk@poczta.onet.pl
Responses to this article, comments are invited and should be submitted within three months of the publication of the article. If accepted for publication, they will be published in the chapter headed 'Discussions' and hyperlinked to the article.