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The Study on Cost and Profit of Dairy Farming Bussiness Located in Ratchaburi and Nakhonpathom Provinces Between 2 Different Time

EasyChair Preprint 15873

8 pagesDate: February 26, 2025

Abstract

This study aimed to assess the true economic costs and profits of dairy farms by analyzing financial data during November 2023 and April 2024. The results indicated no significant difference in total costs between the two periods (p > 0.05). The majority of costs were variable, with animal feed representing 60.24-65.54% of these costs. No significant differences were observed in the costs of concentrated feed and roughage between November and April (p-values of 0.202 and 0.338, respectively). Profitability varied by period: in November, a median loss was -16,000.15 baht (range: -95,364.96 to 115,953.60 baht), while, In April, a median profit was 26,659.78 baht (range: -260,734.06 to 150,958.04 baht). The median profit ratio relative to total costs was -9.61% (-36.15% to 43.60%). No significant difference in profitability was observed between the two periods.

Keyphrases: Business, benefit, cost, dairy farm

BibTeX entry
BibTeX does not have the right entry for preprints. This is a hack for producing the correct reference:
@booklet{EasyChair:15873,
  author    = {Passakorn Jeenkhaokham and Thunyaporn Vannacharoen and Jinjuta Ninjamrush and Bhanuda Phon-In and Dr.Supachart Panneum and Asst.Prof.Anawat Saengmalee},
  title     = {The Study on Cost and Profit of Dairy Farming Bussiness Located in Ratchaburi and Nakhonpathom Provinces Between 2 Different Time},
  howpublished = {EasyChair Preprint 15873},
  year      = {EasyChair, 2025}}
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