ISSN 2756-3308
African Journal of Estate and Property Management ISSN 9671-8498 Vol. 3 (8), pp. 001-007, August, 2016. © International Scholars Journals
Full Length Research Paper
The analysis of some factors on feed compound production: A case study focused on the Turkish feed industry
Erdogan Gunes*, Ahmet Ozcelik, O. Orkan Ozer and Mevhibe Albayrak
Ankara University, Faculty of Agriculture, Department of Agricultural Economics, 06110 Diskapi, Ankara, Turkey.
Accepted 13 March, 2016
Abstract
Turkey witnesses development in the feed industry, one of the most important inputs of animal husbandry, which is largely dependent on private sector mixed feed manufactories. However, basic problems in animal husbandry, on the one hand, and the decrease of producers on the other hand, negatively affect mixed feed production. The number of animals suggests that Turkey needs more than the 7 million tons of mixed feed that is produced today. In this study, a long term equilibrium relationship is found between mixed feed production, feed price, number of manufactories and end (red meat, milk, broiler and egg) for each type of mixed feed production using four different models based on the Johansen method.
Key words: Turkey, feed compound, management, marketing, stationary test, Johansen model.