Dairy production in Republic of Serbia is conducted primarily at family farms.
However, these farms mostly posses small number of cows, so that they are not capable
to apply modern technical and technological solutions concerning housing and feeding
of cows. Small family farms can not purchase contemporary milking equipment; thus,
they have no possibility to produce high quality milk. Therefore it is necessary to direct
towards formation of large family dairy farms. Consequently, it is needed to provide
sources of financing for very high investments, which are indispensable.
To determine whether investments in dairy production at large family farms are
economically efficient and financially feasible, appropriate model of family farm has
been formed. This model was used to apply dynamical methods of investment
evaluation, such as Net Present Value, Internal Rate of Return and Payoff method. It is
determined that investing in large family dairy farms is economically efficient, as well
as financially feasible.Proizvodnja mleka u Srbiji odvija se prvenstveno na porodičnim
poljoprivrednim gazdinstvima. Međutim, ova gazdinstva većinom poseduju mali broj
krava, pa nisu u mogućnosti da primenjuju moderna tehnička i tehnološka rešenja u
smeštaju i ishrani krava. Mala porodična gazdinstva ne mogu nabaviti savremene muzne
uređaje, pa su zato onemogućena da proizvode mleko visokog kvaliteta. Zbog toga treba
ići prema formiranju krupnih porodičnih gazdinstava za proizvodnju mleka. U tom cilju
potrebno je obezbediti izvore finansiranja za veoma visoka investiciona ulaganja, koja su
neophodna.
Da bi se utvrdilo da li su ulaganja u proizvodnju mleka na krupnim porodičnim
gazdinstvima ekonomski opravdana i finansijski prihvatljiva, formiran je odgovarajući
model porodičnog gazdinstva. Na njemu su primenjene metode dinamičke ocene
investicija, kao što su neto sadašnja vrednost, interna kamatna stopa i rok povraćaja.
Utvrđeno je da je investiranje u krupna porodična gazdinstva za proizvodnju mleka
ekonomski opravdano, kao i finansijski prihvatljivo
