ABSTRACT
The aim of the article is to present the financial condition of selected dairy cooperatives using ratio analysis and selected discriminant models. The main objective of the paper is to assess the overall financial condition of dairy cooperatives during the COVID-19 pandemic (2020-2021) and earlier years (2017-2019). The author focused, on the one hand, on the assessment of the financial condition of a selected group and, on the other hand, on the link between the financial situation of selected dairy cooperatives and state aid during the changing economic reality caused by the SARS CoV-2 virus. The financial analysis for dairy cooperatives also reveals a broader comparative context in the time span before and during the COVID-19 pandemic. The research shows that the analysed dairy cooperatives, with the exception of OSM Jasienica Rosielna, did not have a negative financial results.
ABSTRACT
The present study assessed the disruptions in the dairy food supply chain and associated stakeholders due to COVID-19 in Karnataka, India. A cross-sectional survey using a multistage random sampling procedure was conducted and data was collected from the dairy food supply chain associated stakeholders in Karnataka, India. The results revealed that milk providers to the co-operatives increased by 4.67 % and the quantity of milk collection increased by 25.15 % during the lockdown. On the service front, 41.3% of the dairy co-operative societies faced animal feed shortage. The average per day milk consumption increased by 42.7 % during lockdown mainly driven by the return of family members from cities to villages. However, the gross income realized through milk sales by the dairy farmers decreased during the lockdown period mainly due to reduced milk prices offered by the co-operatives. The gross income realized through the sale of milk products by the vendors declined by 5.11% due to a fall in demand for various milk products. Despite many problems faced by the co-operative sector during the lockdown, it acted as a buffer and protected the dairy food supply chain from the free market and capitalist breakdown in Karnataka.
ABSTRACT
The purpose of this report was to document the immediate impact of the COVID-19 pandemic on dairy cattle farming in Ethiopia and draw recommendations for enhancing dairy farming and the dairy sector's resilience to such pandemics and other market shocks. It presents the results of a rapid survey of the impact of the COVID-19 pandemic on smallholder and medium-scale dairy cattle farmers in Ethiopia during the period between 5 September and 11 October 2020. A total of 1815 farmers who are part of the African Dairy Genetics Gains (ADGG) programme from five regions of Ethiopia, and one city administration participated in the study. Majority of the respondents reported that dairy farming input supply and service provision such as feed, veterinary services, animal vaccines, artificial insemination and daily hired labour had all decreased during the pandemic. More than half (60%) of the respondents reported a decrease in the total volume of milk produced per household, which was linked to the shortage of feed and other services. Forty-six percent of the respondents reported selling milk at a lower price compared to periods before the pandemic. Decreasing demand for milk by direct consumers, cooperatives and processors is one potential reason for the lower milk sales price. In conclusion, service providers and input suppliers (both government and private sector) working in collaboration with the Ministry of Agriculture are important in safeguarding farmers from shocks which result from man-made or natural disasters such as those brought about by the COVID-19 pandemic. Additionally, supporting dairy cooperatives and processors to produce at full capacity and linking dairy farmers to microfinance providers so they can access credit will ensure sustained profitability of their dairy farms.