Economic model of development of the feed crop-growing industry in the Republic of Kazakhstan

2024

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DOI 10.48077/scihor5.2024.159
Data confidence 70 medium
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Abstract

The livestock industry has experienced rapid growth, and the demand for livestock products is projected to continue increasing quickly due to population growth, improved living standards, and urbanisation. This article aims to assess the feasibility of utilising the created model for growing animal feed for meat-producing livestock during the standard planning phase of economic development. The authors categorise wheat as a reference culture. The study utilised analysis, statistical methods, economic modelling, and mathematical modelling. The authors assess the potential of utilising the created model to cultivate feed for livestock intended for meat production during the standard planning phase of economic development. The model predicts cost-effective feed. The authors’ economic model enables the growth of the feed base, reduces the reliance on imported feed, and facilitates the expansion of meat breeds, which is the unique aspect of the study. The study emphasises the importance of strategically distributing, specialising, and concentrating beef cattle breeding in particular natural and economic contexts. It also highlights the significance of integrating large-scale production with medium and small agricultural enterprises in the meat industry. The study’s practical significance lies in utilising specific structures and controlling the share of imports in feed production, along with restricting feed supply and ready-made food additives to guarantee food security