Economic analysis of wheat production on family farms

Todorović, Saša; Filipović, Nikola

doi:10.2298/jas1001079t

Cited by 12 publications

(11 citation statements)

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“…Results reported in this paper show that in both wheat and sugar beet production, the variable cost had the share of more than 70% in the total costs. A similar cost distribution pattern was reported in wheat production [44]. Also, these authors reported a high share of fertilizer' cost in the wheat production costs.…”

Section: Economic Analysis Of the Sugar Beet And Wheat Productionsupporting

confidence: 79%

Energy Use and Economic Analysis of Fertilizer Use in Wheat and Sugar Beet Production in Serbia

et al. 2020

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Increased demand for food production, influenced by the constant growth of population, resulted in the agricultural production systems that are more energy and economy intensive. The aim of this study was to evaluate the energetic and economic efficiency of sugar beet and wheat production. Attention was given to the fertilizer usage and its share in energy consumption since it can amount to 50%. Data show that energy input in wheat production was 5.84 MJ·kg−1 and in sugar beet it was 0.93 MJ·kg−1. The highest share of energy input both in wheat and sugar beet was observed for fertilizers, 52.45% and 46.70%, respectively. Economic analysis has shown that wheat production is a low profitable production with a net return of only 20.69 USD·ha−1, in comparison with sugar beet production with a net return of 513.53 USD·ha−1. Costs related to the fertilizer use prevailed in total variable and total production costs. Economic analysis has also shown that the benefit-to-cost ratio was higher in sugar beet production (1.33) compared to wheat production (1.03). Furthermore, it was determined that these economic indicators were less sensitive in sugar beet production than in wheat production regarding the variation of fertilizer.

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Section: Economic Analysis Of the Sugar Beet And Wheat Productionsupporting

confidence: 79%

Energy Use and Economic Analysis of Fertilizer Use in Wheat and Sugar Beet Production in Serbia

et al. 2020

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“…Continuous monitoring and evaluation of the achieved results are necessary in order to improve the economic efficiency and profitability (Todorović and Filipović, 2010). The significance of the obtained results can be confirmed through dynamic analysis, which can be conducted in future research.…”

Section: Economic Indicators Of Honey Productionmentioning

confidence: 92%

Economic justification of honey production in Serbia

Nedić

Nikolić

Hopic³

2019

J AGR SCI BELGRADE

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Although beekeeping in Serbia has a long tradition, the interest of farmers for this branch of agricultural production depends on the expected economic benefits. Assessing the economic justification of beekeeping is based on the analysis of the revenues from honey production, as the main and often the only beekeeping product, and the expenses generated in production. The aim of the paper is to compare revenues and expenses in the production of honey and to determine the threshold of profitability. The calculation of the revenues and the expenses was made on the basis of data obtained from the survey of beekeepers and from the available secondary sources. The analysis showed that the profitability threshold was achieved with 68 colonies, or with production volume of 1,450 kg of honey. The values of the indicators of economic efficiency, productivity and profitability indicate that beekeeping was economically justified on farms with 100 and 200 colonies.

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“…Trend of average wheat yields, Republic of Serbia, period 1994 According to previous research (Todorović and Filipović, 2010), wheat is mostly produced on family farms. Results have shown that only farms with over 7.5 t ha -1 of yields make profits.…”

Section: Wheat For Seedmentioning

confidence: 99%

Wheat Production Analysis by Using Econometric Models

Ljiljanić¹,

Janković²,

Rajic³

et al. 2015

AgricultForest

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SUMMARYThe study analyzed time series data for the period 1994-2013 on areas sown with wheat, purchase price for wheat, subsidies and wheat used for seed in Serbia. The authors developed dynamic models, on which they forecast that 89000 tons of wheat would be used in 2014 for an area of 507000 ha. This ARIMA model confirms that in wheat production economic factors have a dominant impact on sown areas and quantities of wheat used for seed. Subsidies are a quite important factor in wheat production. The authors ascertained that wheat yields were increasing, less affected by economic than by agro-ecological factors. The accuracy of this model was tested with standard statistical methods.The model provides some very useful information that could serve a starting point for agricultural policy decision-making and farmers who plan future production.

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Economic analysis of wheat production on family farms

Cited by 12 publications

References 0 publications

Energy Use and Economic Analysis of Fertilizer Use in Wheat and Sugar Beet Production in Serbia

Energy Use and Economic Analysis of Fertilizer Use in Wheat and Sugar Beet Production in Serbia

Economic justification of honey production in Serbia

Wheat Production Analysis by Using Econometric Models

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