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

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.