Profitability correlation

SAS Output Economydoctor. Dairy farms data: production, economy, care and health. Data: Data Analytics Project. ProAgria and Faba. taloustohtori.luke.fi/en/ . November 21, 2024
                Profitability correlation                         Average 2016 2017 2018
Farms represented 16 800 5 610 5 150 6 010
Farms in sample 620<n<630 200<n<210 200<n<210 200<n<210
Arable land 59,7 57,5 59,3 62,2
Dairy cows 39,0 38,4 39,6 39,1
Profitability ratio 0,56 0,56 0,56 0,54
Dairy cows 0,026 -0,037 0,063 0,054
Energy-corrected milk production (ECM kg per cow) 0,170 0,203 0,137 0,168
Own Capital -0,060 -0,098 -0,066 -0,019
Calf mortality (%) -0,135 -0,105 -0,202 -0,106
Holstein share (%) 0,135 0,121 0,127 0,156
Nordic Total Merit Index 0,114 0,164 0,119 0,064