Analysis of economic effects of the basic field crops production on family farms
2010
Vukoje, V., Faculty of Agriculture, Novi Sad (Serbia) | Markovic, T., Faculty of Agriculture, Novi Sad (Serbia)
This paper analyses the most significant parameters of cost effectiveness of wheat, corn, soybean and sunflower production on privately owned farms in the Autonomous Province of Vojvodina (Serbia). The soybean production makes the highest gross margins per unit of the capacity (55.615 RSD/ha), as well as the best relation between the production value and the overall investment (profitability coefficient of 2.31). Soybean is followed by wheat (49.420 RSD/ha; coefficient of 1.93), sunflower (46.554 RSD/ha; 1.83) and corn (27.235 RSD/ha; 1.31). Sensitive analysis show that the observed productions can sustain a significant decrease of yield and/or market prices (corn about 46%).
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