Efficiency of dairy production on a family farm

Zoran Grgić, Ramona Franić
2002 Mljekarstvo  
This paper presents the evaluation of economic efficiency of dairyproduction on a family farm with 14 dairy cows in the breeding stock, and with average production from 3.206 to 3.407 lit. of milk annually. On the basis of survey data for three-year period from 1998 to 2000, economic indicators were calculated, as well as the cost price of milk, income and the revenue of total production and per production head. In the family farm with an average annual sale from 2.827 to 2.972 lit. of milk per
more » ... 72 lit. of milk per head, total revenue has been realized from 44.884 to 47.695 kuna and the profit from 606 to 8.515 kuna. Revenues per production head were from 5.655 to 6.495 kuna and the profitfrom 177 to 726 kuna. The milk cost price in the analyzed period was 1.71, 1.66 and 1.69 kn. per lit, and the profit per liter of milk was 0.06, and 0.21 kn. Basic economic indicators point out on efficiency of dairy production for the investigated farm on the stated production level. The biggest influence on the dairy production efficiency on the farm, regarding the cost price structure, has been registered from the costs of fodder production, while the favorable parity of the cost price and producer-sale price of milk determines the increase in dairy production efficiency and income from dairy production in the analyzed period.
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