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A new financial settlement approach to stabilize profitability of pig production

cris.virtual.author-orcid#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtual.author-orcid0000-0003-2355-9811
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cris.virtualsource.author-orcid490794f9-4273-44c2-8004-46a2458ab94d
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dc.abstract.enThis article proposes and evaluates a new solution that ensures the profitability in short and medium terms and stability of the operations of pork livestock producers through improved risk management An innovative tool for distributing the surplus between producers of piglets and finishers is presented. Manuals on pig farming and data combined from multiple sources were used to assess the current market situation, design a profit stabilization tool for pig producers, and evaluate the performance of this solution. We found that implementing the tool reduces the profits variability of finishers and piglets producers by 45% and 30%, respectively, while keeping the long-term average of profits constant.
dc.affiliationWydział Ekonomiczny
dc.affiliation.instituteKatedra Prawa i Organizacji Przedsiębiorstw w Agrobiznesie
dc.contributor.authorLitwiński, Michał
dc.contributor.authorWiza-Augustyniak, Paulina Luiza
dc.contributor.authorKryszak, Łukasz
dc.contributor.authorStyburski, Wojciech
dc.date.access2025-02-17
dc.date.accessioned2025-02-17T10:06:55Z
dc.date.available2025-02-17T10:06:55Z
dc.date.copyright2024-06-10
dc.date.issued2024
dc.description.abstract<jats:p>This article proposes and evaluates a new solution that ensures the profitability in short and medium terms and stability of the operations of pork livestock producers through improved risk management An innovative tool for distributing the surplus between producers of piglets and finishers is presented. Manuals on pig farming and data combined from multiple sources were used to assess the current market situation, design a profit stabilization tool for pig producers, and evaluate the performance of this solution. We found that implementing the tool reduces the profits variability of finishers and piglets producers by 45% and 30%, respectively, while keeping the long-term average of profits constant.</jats:p>
dc.description.accesstimeat_publication
dc.description.bibliographyil., bibliogr.
dc.description.financeother
dc.description.financecost10000,00
dc.description.if2,9
dc.description.number6
dc.description.points100
dc.description.versionfinal_published
dc.description.volume19
dc.identifier.doi10.1371/journal.pone.0304949
dc.identifier.issn1932-6203
dc.identifier.urihttps://sciencerep.up.poznan.pl/handle/item/2482
dc.identifier.weblinkhttps://journals.plos.org/plosone/article?id=10.1371/journal.pone.0304949
dc.languageen
dc.pbn.affiliationeconomics and finance
dc.relation.ispartofPLoS ONE
dc.relation.pagese0304949
dc.rightsCC-BY
dc.sciencecloudsend
dc.share.typeOPEN_JOURNAL
dc.subject.enthe pig cycle
dc.subject.enswine production
dc.subject.enhog sector
dc.subject.enstable profit
dc.subject.enrisk mitigation
dc.titleA new financial settlement approach to stabilize profitability of pig production
dc.typeJournalArticle
dspace.entity.typePublication
oaire.citation.issue6
oaire.citation.volume19
project.funder.nameWydział Ekonomiczny
project.funder.nameProjekt PREIDUB - Strategia Uniwersytetu Przyrodniczego w Poznaniu w latach 2024-2026 w zakresie doskonalenia badań naukowych i prac rozwojowych w priorytetowych obszarach badawczych oraz analiz ukierunkowanych na opracowanie celów i założeń długoter