Równowaga długookresowa pomiędzy cenami w łańcuchu dostaw na rynku mleka
Long-term relation between prices in the supply chainon the milk market

Summary/Abstract: The food supply chain combines actions whose primary aim is to ensure the satisfaction of buyers and the profit of enterprises participating in the flow of products and services from the sphere of primary agricultural production (farmer) to the consumer. It includes producers, suppliers, transport companies, warehouses, wholesale and retailers, service organizations and consumers. The price level in individual links of the supply chain in the milk market, but not only, is characterized by cyclicality. The aim of the article is to examine, on the basis of data from the Statistical Office, the occurrence of long-term relations between prices on the milk market in individual links of the supply chain. In studies of these relationships, the Engle-Granger cointegration test will be helpful. The time range of analyzes covers the years 2010-2019.

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