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Assessment of the Relations for Determining the Profitability of Dairy Farms, A Premise of Their Economic Sustainability

Author

Listed:
  • Rodica Chetroiu

    (Research Institute for Agriculture Economy and Rural Development, 011464 Bucharest, Romania)

  • Ana Elena Cișmileanu

    (National Research and Development Institute for Animal Biology and Nutrition, 077015 Balotesti, Romania)

  • Elena Cofas

    (Faculty of Management and Rural Development, University of Agronomic Sciences and Veterinary Medicine, 011464 Bucharest, Romania)

  • Ionut Laurentiu Petre

    (Research Institute for Agriculture Economy and Rural Development, 011464 Bucharest, Romania
    Department of Agrifood and Environmental Economics, Bucharest University of Economic Studies, 010374 Bucharest, Romania)

  • Steliana Rodino

    (Research Institute for Agriculture Economy and Rural Development, 011464 Bucharest, Romania)

  • Vili Dragomir

    (Research Institute for Agriculture Economy and Rural Development, 011464 Bucharest, Romania)

  • Ancuța Marin

    (Research Institute for Agriculture Economy and Rural Development, 011464 Bucharest, Romania)

  • Petruța Antoneta Turek-Rahoveanu

    (Research Institute for Agriculture Economy and Rural Development, 011464 Bucharest, Romania)

Abstract

The profitability of dairy farms is a broadly addressed issue in research, for different farming systems and even more so now, when it comes to the issue of sustainability in different agricultural fields. The present study presents an evaluation of the relations used for the determination of profitability of various categories of dairy farms, in terms of size, geographical area, and total milk production. In order to analyze the associated influence exerted on the level of profitability by the selected technical and economic indicators, regression functions were applied. The TableCurve program was used to determine the ideal equation that describes the data entered in a two- or three-dimensional representation. The research results showed that the size of farms and the level and value of milk production are directly correlated with profitability, and the unit cost is inversely correlated with it.

Suggested Citation

  • Rodica Chetroiu & Ana Elena Cișmileanu & Elena Cofas & Ionut Laurentiu Petre & Steliana Rodino & Vili Dragomir & Ancuța Marin & Petruța Antoneta Turek-Rahoveanu, 2022. "Assessment of the Relations for Determining the Profitability of Dairy Farms, A Premise of Their Economic Sustainability," Sustainability, MDPI, vol. 14(12), pages 1-17, June.
    • Handle: RePEc:gam:jsusta:v:14:y:2022:i:12:p:7466-:d:842229
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    References listed on IDEAS

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