Forecasting wheat and corn production in Republic of Srpska and Bosnia and Herzegovina
2019
Nedeljković, Miroslav (https://orcid.org/0000-0002-7393-2146) | Krstić, Boro (https://orcid.org/0000-0002-9919-2422)
The aim of the authors was to create an adequate model for forecasting the production of wheat and corn in Republic of Srpska and throughout B&H based on the twenty-two-year time series (1996-2017) by applying the trend analysis and other quantitative methods of research. After selecting a square model, as the most appropriate model, an analysis of movement tendency of basic production indicators of the observed crop cultures was carried out. The forecast was carried out for a five-year period (2018-2022). The results showed that wheat in the next five-year period (2018-2022) will show a decrease in production in Republic of Srpska, and an increase in the whole of B&H. Wheat yield will grow in both Republic Srpska and B&H. In the prediction period, there will be a decline in production and yield of corn. The contribution of this research is reflected in making timely and rational decisions concerning the further development of crop production and agriculture.
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