Abstract:Several studies conducted in various countries have addressed the technical efficiency of dairies. However, there is a paucity of research on the technical efficiency of dairies in Poland, particularly in relation to their legal form (i.e., cooperatives vs. non-cooperatives). The existing literature also does not provide insights into the technical efficiency of these entities with respect to different regions’ milk production capacity. Therefore, this paper aims to: (1) evaluate and compare the technical effi… Show more
“…Analysis of the profitability of milk production and processing enterprises is not a new issue. Many researchers have conducted research in this field, both in Poland (for example [Pietrzak 2006, Gradziuk 2009, Wasilewski, Ganc 2016, Ziętek-Kwaśniewska et al 2022) and in other countries [Wilson 2011, Bach et al 2020, including Ukraine [Grechko, Chernozhukova 2018, Ishchuk, Lyahovska 2020.…”
The study aimed to compare and evaluate the effectiveness of enterprises processing and trading dairy products in Poland and Ukraine. Milk processing is an important sector of food production. Milk and milk products account for about 14% of world trade in agricultural products. The five largest companies from Poland and Ukraine were selected for the study. Evaluation of the effectiveness of dairy enterprises required the adoption of appropriate indices. Therefore, the research considered, above all, the indices characterizing the profitability of the surveyed companies as the basic ones in the evaluation of the financial condition of enterprises. In addition, the evaluation included the surveyed enterprises’ return on sales, assets, and equity. The analyses were performed based on data available in the EMIS database for 2016-2020. In Poland, the milk processing sector was in a relatively good financial condition, although the profitability ratios were not too high. Profitability ratios have long been lower than the food industry average and have fallen even further in recent years. The data show that the return on equity slightly exceeded the interest rate on bank deposits and treasury bonds. In Ukrainian enterprises, the return on equity, assets, and sales was much higher, but it was also characterized by high volatility.
“…Analysis of the profitability of milk production and processing enterprises is not a new issue. Many researchers have conducted research in this field, both in Poland (for example [Pietrzak 2006, Gradziuk 2009, Wasilewski, Ganc 2016, Ziętek-Kwaśniewska et al 2022) and in other countries [Wilson 2011, Bach et al 2020, including Ukraine [Grechko, Chernozhukova 2018, Ishchuk, Lyahovska 2020.…”
The study aimed to compare and evaluate the effectiveness of enterprises processing and trading dairy products in Poland and Ukraine. Milk processing is an important sector of food production. Milk and milk products account for about 14% of world trade in agricultural products. The five largest companies from Poland and Ukraine were selected for the study. Evaluation of the effectiveness of dairy enterprises required the adoption of appropriate indices. Therefore, the research considered, above all, the indices characterizing the profitability of the surveyed companies as the basic ones in the evaluation of the financial condition of enterprises. In addition, the evaluation included the surveyed enterprises’ return on sales, assets, and equity. The analyses were performed based on data available in the EMIS database for 2016-2020. In Poland, the milk processing sector was in a relatively good financial condition, although the profitability ratios were not too high. Profitability ratios have long been lower than the food industry average and have fallen even further in recent years. The data show that the return on equity slightly exceeded the interest rate on bank deposits and treasury bonds. In Ukrainian enterprises, the return on equity, assets, and sales was much higher, but it was also characterized by high volatility.
“…• To find out the problems faced by farmers in their procurement of agricultural inputs in sampled villages of Bangarapet. • To find out if the size of their farms was a deterrent in procurement of basic farming resources [9]. • To suggest a few measures to solve this problem of procurement of agrarian products of these sampled respondents.…”
The importance of agricultural inputs in getting a robust harvest of Ragi, paddy, groundnuts, horsegram, cowpea, sunflower, Toordal, Avarekallu all food grains, pulses and oilseeds cannot be underestimated. But for these crops to give a bountiful harvest adequate use of inputs such as water, high quality seeds, tractors, finance, other inputs such as balanced use of chemical fertilizers and other necessary safe pesticides were essential. In Bangarapet five villages were taken for study and 150 farmers were sampled. They cultivated a mix of ragi paddy, horsegram and avarekallu falling into seasonal categories of Karif and rabi crops. The research gap revealed that these farmers wanted to revert to mechanization of agriculture. They welcomed modern means of agricultural implements. They wanted to depart from the traditional methods of agriculture. So, they felt the need and importance of procuring agricultural inputs necessary to make this changeover. Research Methodology consisted of both primary and secondary data and simple random sampling was the sampling technique used. Data analysis was done by means of percentage method. Findings show that they were partially successful in their endeavor.
“…Farmers join cooperatives for unified production and management, which changes farmers' allocation of factors and production technology [9,10] and also affects the cost of grain production for farmers. When farmers join cooperatives, the cooperatives can provide farmers with various agricultural production and operation services [11], such as agricultural machinery, technical advice, and agricultural supplies.…”
The problem of high grain production costs, which is not conducive to sustainable agricultural development and food security, is highlighted in the context of China’s “large country and small household farmers”. Reducing the grain production costs through factor allocation and organizational drive has become particularly important. Based on 768-grain peasant households in China, this paper uses OLS regression and robust regression to examine the effects of agricultural factor inputs and cooperatives on grain production costs. It analyzes the synergistic and substitution effects between farmers’ factor inputs and cooperatives in grain production. It was found that: (1) in farmers’ grain production, reductions in the grain production costs can be realized by expanding the area under cultivation, improving the use of agricultural machinery, and increasing technological inputs; (2) a reduction in the grain production costs can also be realized through cooperatives driving farmers into grain production; (3) cooperatives can provide farmers with various types of agricultural production services in grain production and cooperative-driven substitution effects between the agricultural factor inputs of farm households. The findings of this paper contribute to the enrichment of research in the field of agricultural production and are important for enhancing agricultural sustainability and reducing grain production costs.
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