ECONOMIC VIABILITY OF FAMILY DAIRY FARMS

2018 ◽  
Vol XIX (6) ◽  
pp. 206-212
Author(s):  
Elżbieta Sowula-Skrzyńska ◽  
Grzegorz Skrzyński ◽  
Renata Matysik-Pejas ◽  
Sabina Kurpan
Keyword(s):  
Economic Efficiency ◽  
Dairy Farms ◽  
Point Of View ◽  
Production Costs ◽  
Economic Viability ◽  
Gross Margin ◽  
Economic Point ◽  
Agricultural Income ◽  
Constant Cost ◽  
Break Even Point

For optimal farm management, it is very important to research potential opportunities of raising its rental ability. These opportunities lie as by side of selling income as of its costs. It causes a necesity of constant cost control and of looking for new methods of reducing these costs. The aim of study was the assessment of economic viability of family dairy farms .The economic efficiency of these farms was analysed according to scale of production. Basic indicators and measures of the economic efficiency of production, such as net agricultural income, gross margin, production costs, parity income and break-even point were calculated. The paper presents the analyze of disproportion income between small and large farms. The executed analysis showed that from economic point of view the optimal dairy farms maintains about 60 cows.

ECONOMIC VIABILITY OF FAMILY DAIRY FARMS

2018 ◽  
Vol XIX (6) ◽  
pp. 206-212
Author(s):  
Elżbieta Sowula-Skrzyńska ◽  
Grzegorz Skrzyński ◽  
Renata Matysik-Pejas ◽  
Sabina Kurpan
Keyword(s):  
Economic Efficiency ◽  
Dairy Farms ◽  
Point Of View ◽  
Production Costs ◽  
Economic Viability ◽  
Gross Margin ◽  
Economic Point ◽  
Agricultural Income ◽  
Constant Cost ◽  
Break Even Point

For optimal farm management, it is very important to research potential opportunities of raising its rental ability. These opportunities lie as by side of selling income as of its costs. It causes a necesity of constant cost control and of looking for new methods of reducing these costs. The aim of study was the assessment of economic viability of family dairy farms .The economic efficiency of these farms was analysed according to scale of production. Basic indicators and measures of the economic efficiency of production, such as net agricultural income, gross margin, production costs, parity income and break-even point were calculated. The paper presents the analyze of disproportion income between small and large farms. The executed analysis showed that from economic point of view the optimal dairy farms maintains about 60 cows.

scholarly journals Comparative Study on the Economic Efficiency of Rapeseed Culture in Conventional and Organic Systems

2018 ◽  
Vol 75 (1) ◽  
pp. 95
Author(s):  
Elena ȘURCĂ
Keyword(s):  
Economic Efficiency ◽  
Point Of View ◽  
Production Costs ◽  
Rate Of Return ◽  
Maximum Efficiency ◽  
Economic Point ◽  
Organic Systems ◽  
Use Of Resources ◽  
Revenue Structure ◽  
Crop System

From an economic point of view, efficiency implies the use of resources, of any kind, at maximum efficiency, or else the relation between effect and effort is over unit. In any kind of activity economic efficiency is the basis for its start. In the present paper, the level of economic efficiency for rape crops will be determined, according to two technological systems: conventional and organic. The revenue structure, and especially the expenditure, will be found in the income and expenditure budget of the culture. We will compare the value of production, production costs, but also yield or rate of return. In the continuation of the study, a set of indicators of economic efficiency will be calculated for each crop system, which will be subjected to a mirror analysis, to determine the feasibility of rapeseed crops as accurately as possible. Finally, the results will be presented, the profitability of the crop according to the system, the level of the profit and the recommendations regarding the future way of growing the rapeseed.

scholarly journals Work organization and economic analysis of the postharvest of an unique Hungarian product

2006 ◽  
Vol 12 (4) ◽  
Author(s):  
Á. Ferencz ◽  
M. Nótári
Keyword(s):  
Economic Evaluation ◽  
Economic Analysis ◽  
Work Organization ◽  
Great Plain ◽  
Point Of View ◽  
Economic Point ◽  
Plain Region ◽  
Main Activity ◽  
Break Even Point ◽  
And Storage

We have viewed a business in the south of the Great Plain Region from an economic point of view in 2004-2005. The main activity there is pear growing and storage. Four varieties of different time of ripening and storing are grown there. We have measured all the relevant activities, worked out a local normative and prepared a detailed technology. The economic evaluation was based on this data. Activities, like disinfection, pre-storage disinfection and selection, in-storing and out-storing, classification after storage, packaging, as well as loading trucks, were monitored by variety. Storage loss was determined and widely varied according to varieties, length of storage and time of out-storing. Different varieties resulted in different quality classes after storage. Price depended on the quality classes. Economic evaluation was carried out when all the relevant costs and revenues were known. Fixed and variable costs of storage were determined, break-even point was calculate and the market position of the product was evaluated.

scholarly journals Engineering and Economic Perspective in The Production of Cu Nano

2020 ◽  
Vol 8 (1) ◽  
pp. 15
Author(s):  
Annisa Yuliandini ◽  
Asep Bayu Dani Nandiyanto
Keyword(s):  
Economic Evaluation ◽  
Net Present Value ◽  
Copper Acetate ◽  
Tween 80 ◽  
Point Of View ◽  
Industrial Scale ◽  
Sorbitan Monooleate ◽  
Economic Point ◽  
Economic Parameters ◽  
Break Even Point

The purpose of this study is to analyze the production of copper nanoparticles (Cu NPs) on an industrial scale in an engineering perspective and economic evaluation perspective. Energy is needed because of various energy related applications. Evaluation of Cu nanoparticle production in an engineering perspective is carried out from the selection of processes that are adapted to industrial scale, calculation of mass balance, to the adjustment of commercially available equipment. Evaluation of production from an economic point of view is done by calculating economic parameters: Gross Profit Margin, Internal Return Rate, Payback Period, Cumulative Net Present Value, Profitability Index, and Break Even Point. Briefly from the production process, we use Copper acetate hydrate (CuAc2.2H2O) (as a source of Cu), Tween 80 (polyoxyethylene-(80)-sorbitan monooleate) and ethylene glycol (as a reducing agent). The engineering viewpoint shows this process is capable of producing Cu nanoparticles which can be used as conductive nanoionic. Economic evaluation determines the process is beneficial, discussing with positive values ​​all economic parameters. However, for some variations this process is not profitable, so economic evaluation is needed.

Methodological Approach to Assessing the Economic Efficiency of Digital Projects Applying Internet of Things Platforms

2021 ◽  
Vol 152 (6) ◽  
pp. 134-142
Author(s):  
Aleksandr Yu. Mishin ◽  
Keyword(s):  
Internet Of Things ◽  
Economic Efficiency ◽  
Methodological Approach ◽  
Objective Assessment ◽  
Cost Effective ◽  
Scientific Work ◽  
Point Of View ◽  
Scientific Publications ◽  
Economic Point ◽  
Iot Platforms

One of the key ones and most cost-effective technology from an economic point of view for the real sector is the Internet of Things (IoT) technology, which is usually provided in the form of Internet of Things (IoT) platforms, still does not have its own framework for assessing its economic efficiency. The author proposes a methodological approach based on a combination of classical methods of investment analysis and an architectural approach. From the information point of view the scientific work is based on cost-effectiveness studies of IoT projects, domestic and foreign scientific publications, IT cases and research on taxonomy of IoT platforms. The proposed approach may serve as the basis both for preparation of financial business cases and for facilitating the development of tools for objective assessment of the project initiatives attractiveness as part of implementation of the state digital development programs in Russia.

scholarly journals MACHINABILITY OF MATERIALS AND THEIR MATHEMATICAL MODELS FROM AN ECONOMIC POINT OF VIEW

2020 ◽  
Vol 6 (5) ◽  
pp. 154-161
Author(s):  
Darina Matisková
Keyword(s):  
Mathematical Model ◽  
Mathematical Models ◽  
Economic Efficiency ◽  
Machine Tools ◽  
Current Issue ◽  
Point Of View ◽  
Economic Point ◽  
Cnc Machines ◽  
Mechanical Components

This article is about the economics aspects on optimization of components production are nowadays very current issue. Article is about the criteria of economic efficiency of production of mechanical components for machine tools and CNC machines. The machinability of materials is considered to be a parameter which characterizes the machined material in the process of cutting and expresses the degree of machining effectivity in terms of material of a product and is expressed by mathematical model.

scholarly journals Potential of Microalgae for the Production of Different Biotechnological Products

2019 ◽  
Vol 33 (2) ◽  
pp. 161-181 ◽  
Author(s):  
Marina Grubišić ◽  
Mirela Ivančić Šantek ◽  
Božidar Šantek
Keyword(s):  
Nutritional Value ◽  
Bioactive Peptides ◽  
Biogas Production ◽  
Animal Health ◽  
Point Of View ◽  
Production Costs ◽  
Economic Point ◽  
Positive Effects ◽  
Cell Factories ◽  
Food And Feed

Microalgae have been recognized as powerful phototrophic cell-factories whose applications range from biomass production for food and feed purposes to the production of high-value products and biofuels. Microalgae have been considered a source of functional ingredients, such as polyunsaturated fatty acids, polysaccharides, essential minerals, vitamins and bioactive peptides that can have positive effects on human and animal health. Besides having high nutritional value due to the high percentage of proteins in their composition, microalgae generate high-value products, such as pigments, polysaccharides, bio-hydrogen, and even bio-polyesters with plastic-like properties. Algal biomass that remains after product recovery can be used as forage, biofertilizer or feedstock for biogas production. This step in overall algal production is important from an economic point of view due to the reduction in production costs. This paper presents the detailed study of the biotechnologically most important microalgae strains, and the design principles of photobioreactors for their cultivation. In addition, the main existing and potential high-value products derivable from microalgae, as well as utilization of microalgae for phytoremediation and biogas production, were reviewed.

scholarly journals ENERGY COSTS IN DAIRY FARMS – ASSESSMENT IN THE YEARS 2005-2016

2019 ◽  
Vol XXI (2) ◽  
pp. 225-234
Author(s):  
Andrzej Parzonko ◽  
Andrzej Hornowski ◽  
Pavel Kotyza
Keyword(s):  
Milk Production ◽  
Agricultural Production ◽  
Cost Savings ◽  
Dairy Farms ◽  
Diesel Oil ◽  
Point Of View ◽  
Energy Costs ◽  
Economic Point ◽  
Eu Countries ◽  
Economic Size

The main aims of the article are: 1) defining the changes of energy costs in farms focused on milk production and further divided according to their economic size in Poland and other selected EU countries between 2005 and 2016; 2) analysis of electricity and fuel (diesel) costs in Polish dairy farms between 2005 and 2016; 3) characterisation and evaluation of the current Polish subsidy system for fuel used for agricultural production purposes. The subject of research was dairy farms from selected EU countries participating in the FADN system. The implementation of the third objective boiled down to a critical analysis of the amendment to the Act introduced in Poland: “On the refund of excise duty included in the price of diesel used for agricultural production”. The research shows that in farms focused on cattle breeding and milk production in seven analysed EU countries, the average share of “energy” costs in the structure of total costs fluctuated (in 2005, 2010, 2016) from 2.72% in the largest Danish farms in 2016 to 13.08% in the smallest Polish farms in 2005. Regardless of the country, an increase in the economic size of farms focused on milk production, resulted in energy cost savings in relation to 100 kg of milk produced. The analysis of legal solutions implemented in Poland shows that dairy farms are able to potentially obtain higher subsidies for diesel oil used for agricultural production. This is very debatable from an economic point of view. INTRODUC

scholarly journals Quality of pre-sprouted sugarcane seedlings grown on substrates with decomposed babassu palm stem

2021 ◽  
Vol 51 ◽  
Author(s):  
Romário Martins Costa ◽  
Marcos Renan Lima Leite ◽  
Sâmia dos Santos Matos ◽  
Rayssa Carolinne Mouzinho de Sousa ◽  
Raissa Rachel Salustriano da Silva-Matos ◽  
...  
Keyword(s):  
Growth And Development ◽  
Dry Mass ◽  
Quality Parameters ◽  
Point Of View ◽  
Production Costs ◽  
Economic Point ◽  
Babassu Palm ◽  
Number Of Leaves ◽  
The Cost

ABSTRACT The use of pre-sprouted seedlings in the implantation of sugarcane crops not only reduces the establishment period and production costs, but also has other advantages, such as a lesser requirement of propagules (stems) and greater phytosanitary control of the seedlings, when compared to conventional planting. Commercial substrates are also expensive and their use increases the cost of seedlings. This study aimed to evaluate the quality of sugarcane pre-sprouted seedlings grown on substrates with different proportions of decomposed babassu palm stem (DBPS), as well as to recommend the substrate formulation that provides the most favorable environment for the growth and development of sugarcane pre-sprouted seedlings. For preparation of the substrate (S), DBPS and soil were used in the following proportions: S1: 0 % of DBPS + 100 % of soil; S2: 20 % of DBPS + 80 % of soil; S3: 40 % of DBPS + 60 % of soil; S4: 60 % of DBPS + 40 % of soil; S5: 80 % of DBPS + 20 % of soil; S6: 100 % of DBPS + 0 % of soil. The use of S2 and S3 considerably improved the seedling quality parameters, such as sprout diameter and length, number of leaves and total, shoot and root dry mass. However, from an economic point of view, S2 is recommended for use.

scholarly journals Production costs and fruit yield profitability in the initial harvest of custard apple trees

2008 ◽  
Vol 30 (4) ◽  
pp. 931-939
Author(s):  
Frederico Silva Thé Pontes ◽  
Júlio César do Vale Silva ◽  
Paulo Sérgio Lima e Silva ◽  
Ana Katarina Oliveira Aragão
Keyword(s):  
Block Design ◽  
Sprinkler Irrigation ◽  
Fruit Yield ◽  
Point Of View ◽  
Production Costs ◽  
Yield Data ◽  
Economic Point ◽  
Custard Apple ◽  
Random Block ◽  
Random Block Design

The aim of this study was to estimate the production cost and economic indicators associated with the production and sales of fruits from 20 custard apple progenies during the initial five harvests, in order to identify the harvest season from which custard apple exploitation becomes profitable, as well as the most promising progenies from an economic point of view. The fruit yield data upon which the present work was based were obtained during the period from 2001 to 2005, in an experiment that evaluated 20 custard apple half-sibling progenies, under sprinkler irrigation. The progenies were evaluated in a random block design with five replicates and plots consisting of four plants each. The exploitation of custard apple progenies only showed to be a profitable agribusiness after the fourth year. Before that, only A3 and A4 progenies in the second year, and P3 and P11 in the third year provided profitable incomes. Considering the methodological assumptions imposed concerning the time period analysis and the prices as of July 2007, the most important profitability indicators (operating profit, return index and equilibrium price) evidenced that the A4 progeny is the most recommended, although other progenies are also highlighted, such as FJ1 and FJ2. As already discussed, the progenies showing the highest average yields of five harvests are not always the most economically recommendable ones.

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