Bìznes Inform (Jul 2017)
On the Issue of the Economic Feasibility of the Buckwheat Production in Modern Terms
Abstract
The article is aimed at studying the economic efficiency of the production of buckwheat and finding arguments in favor of the economic feasibility of cultivation of this culture, given its historical importance to the domestic population. The article studies the dynamics of the production of buckwheat and analyzes its economic efficiency between 2011 and 2015 in the Koziatyn district of Vinnytsia region and in a separate enterprise of the area – the ООО «ARCHI». The different views on the economic feasibility of buckwheat production in modern terms were considered. It has been defined that whether benefits or disadvantages of growing this culture for agricultural producer are determined by a number of factors, among which, in the author's view, the main ones are: natural-climatic, organizational, technical, agronomic, logistical. It has been proved that the production of buckwheat is economically feasible in the modern terms. Prospects for further research in this direction are search for ways to improve economic efficiency of the production of buckwheat and ways of developing this direction in the context of integration of the national economy into the world-wide.
