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THE VARIABILITY OF TURKEY LIVESTOCK PRICE AND ITS RELATION WITH THE PRICE OF CHICKENS, PORK AND BEEF IN 2006-2015

100%
Utnik-Banaś K.
Metody Ilościowe w Badaniach Ekonomicznych
|
2017
|
vol. 18
|
issue 1
134-142
EN
The work determines the range of variability in the price of turkey livestock and its relation to prices of chickens, pork and beef in 2006-2015. In 2006-2011, the variability coefficient for turkey livestock was 5 to 10%, whereas in 2012-2015 it dropped below 5%. The prices were most stable out of prices of chickens, pork or beef. The biggest influence on the variability of the turkey livestock price was the long-term trend and cyclic fluctuations (82% of the total variability on average). Seasonal fluctuations had lower amplitude (between 7 and 4%) than in the case of prices of pork and chickens, and their input in the total variability amounted to 14% on average. The price of turkey livestock presented the strongest correlation with the price of beef (r=0,851) and chickens (0,837), and was the least correlated with pork (0,681). In 2006-2015 the price of turkey livestock increased by 68%, beef by 57%, chickens by 29% and pork by 13%.
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