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Author(s): Ivana Váryová, Renáta Krajčírová, Iveta Košovská, Alexandra Ferenczi Vaňová

Title: Assessing of Cost Price of Milk at Slovak Milk Processors

Source: International Scientific Days 2018 :: Towards Productive, Sustainable and Resilient Global Agriculture and Food Systems :: Proceedings

ISBN: 978-80-7598-180-6


Publisher: Wolters Kluwer ČR, Prague

PY, pages: 2018, 1581-1590

Published on-line: 2018-11-09

Language: eng

Abstract: The diary sector represents one of the most important branches of agriculture and food industry in the Slovak Republic. The period of year 2015-2016 is referred to as the period of the middle milk crisis.The ban on imports of agricultural products from the European Union into the Russian Federation andthe abolition of milk quota regime in the European Union in 2015 caused the enormous surpluses of milk at the European market. The high surpluses of milk led to the decrease in the purchase prices of milk.The article's task is to assess and present the development of purchase prices of cow's milk at processors in the Slovak Republic in the observed period 2015-2017.The essential information sources are presented by monthly reports on purchase of milk and cream and production of milk products acquired from the Ministry of Agriculture and Rural Development of the Slovak Republic. In 2017 the development of average purchase prices of raw cow's milk was auspicious in comparison with the development of these prices in years 2015-2016. The average purchase price of raw cow's milk with the whole year 2017 continuouslyrose.

Keywords: cow´s milk, milk crisis, price, processor, purchase

JEL Classification: Q10, Q11, Q13

Rights:Open Access :: Creative Commons BY-NC-SA 4.0 International Licence
Creative Commons License
Toto dielo je publikované pod/This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International Licence.