000147410 001__ 147410
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000147410 041__ $$aen_US
000147410 260__ $$c2013-04-04
000147410 269__ $$a2013-04-04
000147410 300__ $$a6
000147410 336__ $$aJournal Article
000147410 490__ $$a6
000147410 490__ $$a5
000147410 520__ $$aAlthough the dairy market crisis eased in 2011, Hungarian dairy farmers still find it difficult to produce milk profitably. As a result
of the crisis, many dairy farmers abandoned milk production or reduced the size of their dairy herds in 2009 and 2010. Today, many of
farmers are also considering ceasing production, in spite of the fact that the global dairy industry is facing an upturn.
A dairy farm can operate profitablyy in three ways: 1) if it can reach a relatively high level of producer price 2) if it can increase milk
production per cow 3) if it can achieve a relatively low cost of production. In the present study, I primarily analyse the development of the
Hungarian producer price of raw milk in international comparison. Next, I list those factors which directly or indirectly influence the
producer price of raw milk. Finally, I examine the relationship among disposable income, milk consumption and milk price.
Since the start of 2009, the dairy market has been confronted with a period of extraordinary law prices. After bottoming out, prices had begun
to slowly stabilise during the second half of 2009. By the end of that summer, international prices had started to strengthen and the last quarter
of 2009 was characterized by a steady rise in prices. The strong recovery in prices experienced after 2009 was triggered by increased demand,
mainly from oil exporting countries, but also from China.
The price increase, however, reflected a significant increase in input costs in Hungary; the high level of feed prices and the unfavourable change
in the macroeconomic environment must be stressed. The rising excise duty on diesel fuel and the VAT increase had a direct impact on Hungarian
dairy farmers. These negative factors have increased the costs of the sector, narrowing the ability of those active in it to operate efficiently.
000147410 542__ $$fLicense granted by János Lazányi (lazanyi@agr.unideb.hu) on 2013-04-11T09:05:08Z (GMT):

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000147410 650__ $$aAgribusiness
000147410 650__ $$aDemand and Price Analysis
000147410 6531_ $$aproducer price of raw milk
000147410 6531_ $$ainfluencing factors
000147410 6531_ $$adisposable income
000147410 6531_ $$ainternational comparison
000147410 6531_ $$aHungary
000147410 700__ $$aBlasko, Beata
000147410 773__ $$d2012$$jVolume 06$$kNumber 5$$o32$$q27$$tAPSTRACT: Applied Studies in Agribusiness and Commerce
000147410 8564_ $$s746052$$uhttp://ageconsearch.umn.edu/record/147410/files/4_Blasko_Analysis_Apstract.pdf
000147410 887__ $$ahttp://purl.umn.edu/147410
000147410 909CO $$ooai:ageconsearch.umn.edu:147410$$qGLOBAL_SET
000147410 912__ $$nSubmitted by János Lazányi (lazanyi@agr.unideb.hu) on 2013-04-11T09:08:32Z
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  Previous issue date: 2013-04-04
000147410 982__ $$gAPSTRACT: Applied Studies in Agribusiness and Commerce>Volume 06, Number 5, 2012
000147410 980__ $$a1033