Influence of farm milk prices in the EU 25 on profitability and production volume indicator
The paper analyses the development of milk prices and effectiveness and economy of holdings included in the particular production category of "411 Milk" and their relations. The influence of prices on profitability, elasticity of production, labour productivity dynamics, effectiveness of l...
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Format: | Article |
Language: | English |
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Czech Academy of Agricultural Sciences
2007-12-01
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Series: | Agricultural Economics (AGRICECON) |
Subjects: | |
Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-200712-0003_influence-of-farm-milk-prices-in-the-eu-25-on-profitability-and-production-volume-indicator.php |
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author | F. Střeleček R. Zdeněk J. Lososová |
author_facet | F. Střeleček R. Zdeněk J. Lososová |
author_sort | F. Střeleček |
collection | DOAJ |
description | The paper analyses the development of milk prices and effectiveness and economy of holdings included in the particular production category of "411 Milk" and their relations. The influence of prices on profitability, elasticity of production, labour productivity dynamics, effectiveness of long-term assets and resulting cost changes are discussed in particular. Milk profitability was not significantly influenced by different prices in the individual states. The variation of prices in time was more important. The production is supposed to grow with delay. Milk yield (per cow and year) and number of cows per worker are the main determinants of labour productivity growth in the in-kind expression. The influence of prices on labour productivity in monetary expression among individual states is not as important as was supposed. |
first_indexed | 2024-04-10T08:40:12Z |
format | Article |
id | doaj.art-47cf7a2958494309ac030424ccddcff5 |
institution | Directory Open Access Journal |
issn | 0139-570X 1805-9295 |
language | English |
last_indexed | 2024-04-10T08:40:12Z |
publishDate | 2007-12-01 |
publisher | Czech Academy of Agricultural Sciences |
record_format | Article |
series | Agricultural Economics (AGRICECON) |
spelling | doaj.art-47cf7a2958494309ac030424ccddcff52023-02-23T03:23:17ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952007-12-01531254555710.17221/1224-AGRICECONage-200712-0003Influence of farm milk prices in the EU 25 on profitability and production volume indicatorF. Střeleček0R. Zdeněk1J. Lososová2University of South Bohemia, České Budějovice, Czech RepublicUniversity of South Bohemia, České Budějovice, Czech RepublicUniversity of South Bohemia, České Budějovice, Czech RepublicThe paper analyses the development of milk prices and effectiveness and economy of holdings included in the particular production category of "411 Milk" and their relations. The influence of prices on profitability, elasticity of production, labour productivity dynamics, effectiveness of long-term assets and resulting cost changes are discussed in particular. Milk profitability was not significantly influenced by different prices in the individual states. The variation of prices in time was more important. The production is supposed to grow with delay. Milk yield (per cow and year) and number of cows per worker are the main determinants of labour productivity growth in the in-kind expression. The influence of prices on labour productivity in monetary expression among individual states is not as important as was supposed.https://agricecon.agriculturejournals.cz/artkey/age-200712-0003_influence-of-farm-milk-prices-in-the-eu-25-on-profitability-and-production-volume-indicator.phpmilk productionmilk pricefadncostslabour productivity |
spellingShingle | F. Střeleček R. Zdeněk J. Lososová Influence of farm milk prices in the EU 25 on profitability and production volume indicator Agricultural Economics (AGRICECON) milk production milk price fadn costs labour productivity |
title | Influence of farm milk prices in the EU 25 on profitability and production volume indicator |
title_full | Influence of farm milk prices in the EU 25 on profitability and production volume indicator |
title_fullStr | Influence of farm milk prices in the EU 25 on profitability and production volume indicator |
title_full_unstemmed | Influence of farm milk prices in the EU 25 on profitability and production volume indicator |
title_short | Influence of farm milk prices in the EU 25 on profitability and production volume indicator |
title_sort | influence of farm milk prices in the eu 25 on profitability and production volume indicator |
topic | milk production milk price fadn costs labour productivity |
url | https://agricecon.agriculturejournals.cz/artkey/age-200712-0003_influence-of-farm-milk-prices-in-the-eu-25-on-profitability-and-production-volume-indicator.php |
work_keys_str_mv | AT fstrelecek influenceoffarmmilkpricesintheeu25onprofitabilityandproductionvolumeindicator AT rzdenek influenceoffarmmilkpricesintheeu25onprofitabilityandproductionvolumeindicator AT jlososova influenceoffarmmilkpricesintheeu25onprofitabilityandproductionvolumeindicator |