Comparative Analysis of Main Economic Indicators of Cattle Breeding Farms of Different Classes

Authors

  • Konstantin Stankov Thracian University - Stara Zagora Author

Keywords:

revenues, costs, profit, cost, economic efficiency

Abstract

 A study was conducted on 90 dairy farms, divided into four groups: 8 small with 1-9 cows; 32 medium with 10 to 49 cows; 32 large with 50 to 99 cows and 18 large with over 100 cows.
The aim of the study is to establish the impact of the scale and size of the farm and the relationship between basic and additional income, fixed and variable costs.
The results of the study show that the scale and size of the farm has a significant impact on economic indicators, farms with a capacity of over 50 cows realize significantly better income, covering the costs incurred and make a satisfactory profit.
The prime cost for one production cycle varies in a fairly wide range of BGN 0.57 per 1 kg. milk for large ones up to BGN 0.73 for small farms at a purchase price of BGN 0.60. This is an indicator of low economic efficiency and is largely determined by the low purchase price of milk, as well as the fully realized genetic potential for high milk production.

References

Dardzhonov, T. (2012). Creation and maintenance of a dairy farm. Sayt of IASPZH (Bg).

Dimitrov, Ts. (2012). Milk report. Situational perspective analysis of milk and dairy products (Bg).

Ivanov, B. et al. (2019). Analysis of the state of agriculture and the food industry. SWOT analysis, Sofia, (Bg).

Marinov, I., & Gergovska, Z. (2015). Effect of age at first calving on conformation traits in Black-andWhite cows. Agricultural Science and Technology, 7(3), 303-308.

Mihaylov, M. (2019). Our dairy farming is in crisis. Agroclub.bg (Bg).

Nedeva, K. (2011). Specialization of agricultural holdings in dairy cattle breeding. Abstract of a dissertation for educational and scientific degree “PHD” (Bg).

Nikolov, V., Peeva, Ch., Gergovska, Zh., Mihaylov, M., Atanasov, A., Yordanova, M., Karaasenov, S. (2014). Strategy for development of cattle breeding and buffalo breeding in the Republic of Bulgaria until 2020. National strategy for sustainable development of agriculture in Bulgaria in the period 2014-2020, with 195-227 (Bg).

Stankov, K. (2011). The role of dairy cattle breeding in rural development. Management and sustainable development, vol. 6, pp. 78-81 (Bg).

Videv, V., Krastanov, Zh., Atanasova, T. (2012). Trends in the development of cattle breeding in the world. Overview: Agricultural Institute, Stara Zagora (Bg).

Yarkova, Yu. (2001). Milk production worldwide and in Bulgaria. “Conversoft” Publishing House, Kazanlak (Bg).

Annual report on the state and development of agriculture. (2018). Agricultural report (Bg).

Published

27.08.2020

How to Cite

Stankov, K. (2020). Comparative Analysis of Main Economic Indicators of Cattle Breeding Farms of Different Classes. Bulgarian Journal of Agricultural Economics and Management, 65(3), 68-74. https://agriacad.eu/ojs/index.php/bjaem/article/view/2705