Рудинская Т.С. (Rudinskaya T.S.)
SEASONALITY OF MILK PRODUCTION AND ITS CONSEQUENCES IN THE REPUBLIC OF KAZAKHSTAN
Czech University of Life Sciences, Prague, Kamycka, 129, 165 21
The analysis of the seasonality of milk production in the Republic of Kazakhstan on the basis of monthly gross milk yield for the period from 1 January 2007 to 30 September 2012 was provided in this paper. Seasonal and trend component was isolated using the Seasonal Decomposition (Census I Method). The forecast of milk production for the next 12 months was compiled using Exponential Smoothing Method. In order to identify the relationship between the gross milk production and prices of milk a correlation analysis was conducted.
Key Words: Milk Production, Seasonality, Correlation analysis, Kazakhstan.