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Abstract
There is no research regarding economic effects of genetic improvement for dairy cattle
in Serbia. Therefore, the goal of this paper is to determine economic values for various
production traits (milk yield, milk fat content and proteins content) in dairy production, as
well as to determine total economic selection index. The research is based on data which
include 9,516 lactations of 4,893 milking cows from 7 farms. Data were collected during
the period 2004 – 2012. Authors used sensitivity analysis and partial budgeting approach to
determine changes in revenues caused by variations of particular production traits. It was
determined that within economic selection index the most important trait is milk yield, while
values for other traits are almost negligible. On the other hand, it is expected that importance
of certain traits will be changed after Serbian accession to the European Union.