Citation:
[Editor:] Rodino, Steliana [Editor:] Dragomir, Vili [Title:] Agrarian Economy and Rural Development - Trends and Challenges. International Symposium. 15th Edition [Publisher:] The Research Institute for Agricultural Economy and Rural Development (ICEADR) [Place:] Bucharest [Year:] 2024 [Pages:] 100-106
Abstract:
The paper analyzes comparatively the level of economic efficiency in the production of cow, sheep and goat milk, for the year 2023. The methodology used is economic analysis, based on the calculation of technicaleconomic indicators and economic efficiency indicators. The results indicate that, for cow's milk, depending on the level of production and other factors, profitability can have negative or positive values, varying between minus 5.4 and 7.5%. In sheep's milk, without capitalizing secondary production (mainly lambs) and without subsidies, farmers would suffer financial losses. Goat's milk seems to have the least economic vulnerability, as the activity ends with an estimated average profit of 8.1%. The activity of milk production remains of strategic economic importance, but located in a challenging context of destabilizing factors, which leave their mark year after year and which discourage farmers from continuing their activity.