Profitability Development of Dairy Farms in Slovenia

Jankulovski, Nikolche and Bojkovska, Katerina and Mihajlovski, Goran and Jankulovska, Angelka (2020) Profitability Development of Dairy Farms in Slovenia. Journal of Agricultural Science, 12 (11). pp. 150-156. ISSN 1916-9760

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Abstract

The importance of the dairy industry for the regional and national economy is essential. This paper highlights the financial performance and profitable development of dairy farms in Slovenia by examining milk production. In this study, the correlation of variables representing the number of cows, forage area and milk production were found to be very strong with values of R = 0.85; R – 0.95; R = 0.79. The farm size has an impact on cost ratios, liquidity, return on assets, and debt. The interactions of these significant factors are evaluated as return on investments.

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business Scientific Fields (Frascati) > Agricultural Sciences > Other agricultural sciences
Divisions:	Faculty of Biotechnical Sciences
Depositing User:	Prof. d-r Nikolche Jankulovski
Date Deposited:	04 Jul 2023 09:15
Last Modified:	04 Jul 2023 09:15
URI:	https://eprints.uklo.edu.mk/id/eprint/8542

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