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

Rodica Chetroiu, Ana Elena Cișmileanu, Elena Cofas, Ionut Laurentiu Petre, Steliana Rodino, Vili Dragomir, Ancuța Marin and Petruța Antoneta Turek-Rahoveanu
Additional contact information
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
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

Sustainability, 2022, vol. 14, issue 12, 1-17

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.

Keywords: farm profitability; milk production; regression functions (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.mdpi.com/2071-1050/14/12/7466/pdf (application/pdf)
https://www.mdpi.com/2071-1050/14/12/7466/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:14:y:2022:i:12:p:7466-:d:842229

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().