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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Main Authors: F. Střeleček, R. Zdeněk, J. Lososová
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2007-12-01
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.
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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
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