INPROFORUM 2017

Price Development within the Milk Commodity Chain
Barbora Daňková, Ivana Blažková, Věra Bečvářová

Language: en
Last modified: 2018-04-10

Abstract


The paper deals with the milk commodity chain and its price development during the years 2001-2016. The price development is monitored within the context of chosen countries (Germany, Austria, Slovakia and Poland). The paper uses descriptive statistics and basic indices describing monthly price development within the milk commodity chain between 2001-2016. Within the research of commodity chain prices there were analysed milk farm prices and producer prices of butter and Edam cheese in the given countries. Based on the obtained findings, the essential knowledge and conclusions connected with the entrance of the Czech Republic to the EU and with the dynamics of agribusiness development conditions resulting from globalizing world market were deduced. In general, it can be concluded that the price level on the dairy markets in the original EU member states and in the new EU member states has been balanced bilaterally. This aspect was reflected in a comparable price trends at the downstream market levels of the commodity chain under examination.

Keywords


agribusiness; price; commodity chain; dairy products

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