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The use of linear programming to investigate the impact of changes in feed price and milk value on gross margin of Taiwanese dairy farms

Published online by Cambridge University Press:  23 November 2017

P. Chang ,
P. Rowlinson  and
P. Cain
P. Chang*
Affiliation:
School of Agriculture, Food and Rural Development, The University of Newcastle upon Tyne, Newcastle upon Tyne, NE17RU, U.K.
P. Rowlinson
Affiliation:
School of Agriculture, Food and Rural Development, The University of Newcastle upon Tyne, Newcastle upon Tyne, NE17RU, U.K.
P. Cain
Affiliation:
School of Agriculture, Food and Rural Development, The University of Newcastle upon Tyne, Newcastle upon Tyne, NE17RU, U.K.
*
E-mail: [email protected]
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Extract

The Taiwanese government assists their dairy industry by supporting domestic prices through a combination of import restrictions, price support, government purchasing and subsidised disposal of surpluses. As a result, dairy production in Taiwan is insulated from international price trends. However, these dairy assistance policies can not protect the domestic price after Taiwan joins the World Trade Organisation (WTO) at the end of 2001. To access the impact of an open market, linear programming (LP) is applied to model the influence of changing feed price and milk value on dairy farm profitability.

Type
Poster Presentations
Information
Proceedings of the British Society of Animal Science , Volume 2005 , 2005 , pp. 116
Copyright
Copyright © The British Society of Animal Science 2005

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References

Council of Agriculture, Executive Yuan. 2003. Agricultural Statistics Yearbook. Statistics Office, COA, Executive Yuan, Taipei, Taiwan.Google Scholar