Productivity of Serbian milk producers based on FADN data

Abstract

Productivity is one of the basic economic principles needed for successful farm operations. The goal of this research is to analyze productivity of Serbian milk producers involved in FADN sample. Therefore, the research has been based on publically available FADN data and FADN methodology. Applying number of indicators authors discussed close relation between farm size and productivity. Besides, relation between productivity and economic efficiency of Serbian farms specialized in milk production is presented. The results indicated number of cows necessary to improve productivity of Serbian farms oriented towards milk production.