N. Novković, Veljko Šarac, N. Vukelić, Dragana Tekić, B. Mutavdžić
{"title":"THE INFLUENCE OF CORN PRICE IN THE CURRENT YEAR ON THE PIGS NUMBER AND FATTENING PRICE OF THE FOLLOWING YEAR","authors":"N. Novković, Veljko Šarac, N. Vukelić, Dragana Tekić, B. Mutavdžić","doi":"10.46793/sbt28.175n","DOIUrl":null,"url":null,"abstract":"The aim of the research is to determine relationship between the price of corn in the current year and the number and price of fattening pigs in the following year. The analysis was done for the period from 2006-2021. Descriptive statistics were used for data processing. To determine the impact of corn price on the price and number of fattening pigs, a regression model was applied. A moderate variability of the observed parameters was determined, with increasing of corn price at a rate of 7.92% per year, fattening pigs 3.88%, and the number of fattening pigs decreasing by rate of 1.75%. The results of the regression analysis indicate a significant impact of the corn price on the number and price of fattening pigs.","PeriodicalId":271044,"journal":{"name":"1st INTERNATIONAL SYMPOSIUM ON BIOTECHNOLOGY : proceedings","volume":"86 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"1st INTERNATIONAL SYMPOSIUM ON BIOTECHNOLOGY : proceedings","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.46793/sbt28.175n","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The aim of the research is to determine relationship between the price of corn in the current year and the number and price of fattening pigs in the following year. The analysis was done for the period from 2006-2021. Descriptive statistics were used for data processing. To determine the impact of corn price on the price and number of fattening pigs, a regression model was applied. A moderate variability of the observed parameters was determined, with increasing of corn price at a rate of 7.92% per year, fattening pigs 3.88%, and the number of fattening pigs decreasing by rate of 1.75%. The results of the regression analysis indicate a significant impact of the corn price on the number and price of fattening pigs.