Economics of rapeseed production in Serbia

Abstract

Rapeseed production in Serbia is characterized by an increasing trend, as a result of positive price signals from international market. Since previous researches on economics of rapeseed production were aimed at non-family farms, focus in this paper is on the same aspects on family farms from lowland production region. Results are analyzed in view of micro and macro-economic trends. Increase of world demand for oil crops, as a result of increasing production of renewable fuels and food needs, causes a trend of higher prices, which will probably remain in the following period. Due to this, opportunities are made for Serbian farmers in lowland production region to increase agriculture area under rapeseed. .

Keywords

• enterprise budget
• market
• profitability
• rapeseed