Economic analysis of wheat production on family farms

• Published in: Journal of agricultural sciences (Belgrade, Serbia) Vol. 55; no. 1; pp. 79 - 87
• Main Authors: Todorovic, Sasa, Filipovic, Nikola
• Format: Journal Article
• Language: English
• Published: University of Belgrade - Faculty of Agriculture, Belgrade 2010
• Subjects: ANALISIS ECONOMICO; ANALYSE ECONOMIQUE; BLE; ECONOMIC ANALYSIS; EXPLOITATION AGRICOLE FAMILIALE; EXPLOTACION AGRICOLA FAMILIAR; FAMILY FARMS; FARM RESULTS; http://www.fao.org/aos/agrovoc#c_2469; http://www.fao.org/aos/agrovoc#c_2787; http://www.fao.org/aos/agrovoc#c_28692; http://www.fao.org/aos/agrovoc#c_49909; http://www.fao.org/aos/agrovoc#c_5976; http://www.fao.org/aos/agrovoc#c_6214; http://www.fao.org/aos/agrovoc#c_8373; PLANT PRODUCTION; PRODUCCION VEGETAL; PRODUCTION VEGETALE; PROFITABILITY; RENTABILIDAD; RENTABILITE; RESULTADOS DE LA EXPLOTACION; RESULTAT DE L'EXPLOITATION AGRICOLE; SERBIA; SERBIE; TRIGO; wheat; WHEATS
• ISSN: 1450-8109; 2406-0968
• DOI: 10.2298/JAS1001079T

Serbian agricultural producers are currently facing a large number of challenges which have a significant influence on their business activities. Continuous monitoring and evaluation of existing family farms business activities is the only way to improve their profitability and enhance competitiveness in such conditions. Bearing this in mind, the objective of this research is to emphasize an importance of the economic analysis of wheat production on family farms and to contribute successfully to the formulation of the answers to questions if and under which conditions the wheat production is profitable. In order to have a complete insight into investigated problem subject, investigations were carried out on selected family farms. Collected data were processed using calculation procedure for the purpose of determination of main economical indicators of the success of wheat production. Based on realized financial results it can be concluded that with the selling price of 10,000.00 diners per ton, only family farms which have achieved yield of over 7.5 t/ha with adequate level of investments are profitable. Since realized average yield of wheat on family farms in the Republic of Serbia in 2009 was 3.58 t/ha and level of investment necessary for realization of this yield, it is clear that the majority of family farms had loss in wheat production. The results of this study suggest that the economic status of the wheat production depends on the yield and achieved sales price, as well as on the amount of applied production factors and price level for their purchasing. Poljoprivredni proizvodjaci u Srbiji suocavaju se sa velikim brojem izazova koji prete da znacajno ugroze njihovo poslovanje. Jedini put za poboljsanje profitabilnosti i unapredjenje konkurentnosti u takvim uslovima je kontinuirano pracenje i ocenjivanje ostvarenih rezultata. Imajuci to u vidu u radu je izvrsena ekonomska analiza proizvodnje psenice na porodicnim gazdinstvima, a sve u cilju sto uspesnijeg formulisanja odgovora na pitanje da li je i pod kojim uslovima ova proizvodnja profitabilna. Kako bi se istrazivana problematika sto potpunije sagledala izvrsena su istrazivanja na odabranim porodicnim gazdinstvima. Prikupljeni podaci obradjeni su pomocu kalkulativnog racunskog postupka u svrhu utvrdjivanja osnovnih ekonomskih pokazatelja uspesnosti proizvodnje psenice. Na osnovu ostvarenih finansijskih rezultata moze se konstatovati da uz prodajnu cenu od 10,000 dinara po toni profitabilnu proizvodnju imaju samo ona gazdinstva koja su uz odgovarajuci nivo ulaganja ostvarila prinos veci od 7,5 t/ ha. Imajuci u vidu da je ostvareni prosecan prinos psenice na porodicnim gazdinstvima u Republici Srbiji u 2009. godini 3,58 t/ha i potreban nivo ulaganja za njegovo ostvarenje onda je sasvim jasno da je najveci broj gazdinstava ostvario gubitak u proizvodnji psenice. Rezultati sprovedenog istrazivanja sugerisu da je ekonomski polozaj ove proizvodnje uslovljen visinom ostvarenog prinosa i ostvarenom prodajnom cenom, kao i kolicinom primenjenih cinilaca proizvodnje i nivoom cena za njihovo pribavljanje.