EFFECTIVENESS OF DAIRY SHEEP BREEDING IN BULGARIA
Published: 1 Jun 2014
Abstract: The aim of this study was to determine the effectiveness of dairy sheep breeding in Bulgaria on the basis of an investment project for establishing a farm with 300 ewes in the main flock from the Synthetic Population Bulgarian Milk Breed. The study was carried out on the basis of a farm, situated in the Northwest region of Bulgaria with an average number of 300 ewes. Based on the collected information, and on own calculations, it was defined the different types of investments, necessary to create a dairy sheep breeding farm, as well as the Net present value, the Profitability index and some other indicators for evaluation of the farm’s effectiveness. According to the results of the research, it could be concluded, that thе studied investment project is profitable. The Net present value of the investment project is a positive number, which means that the rate of return on the investment is higher than the discount rate, and the investment provides a return, greater than the minimum required rate of return of 10.27%.
Keywords: dairy sheep breeding, farm effectiveness, forages, synthetic population bulgarian milk breed, investment project
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