Competitiveness of basic field crops in Vojvodina

Abstract

The economic position and improvement of any kind of production is largely defined by the economic effect that it achieves. In agricultural enterprises in 2009 the high costs of production on the one hand and low commodity prices on the other have assured profit only in sugar beet (€ 922 per hectare) and soybean production (€ 167 per hectare), while loss has been recorded in the production of maize (€ 206 per hectare), wheat (€ 121 per hectare) and sunflower (€ 162 per hectare). On family farms, the income achieved in the production of sugar beet (€ 924 per hectare) and soybean (€ 594 per hectare) provides the funds for further reproduction, but in maize (€ 105 per hectare), sunflower (€ 60 per hectare) and wheat production (€ 33 per hectare) it does not. In addition to the yield level, the conditions under which products have been sold have the decisive influence on the achieved results. In this regard, storage and deferred sale, as well as the collection of crops with lower moisture content, can significantly increase the value of production, and consequently the producer's revenue.

Keywords

• basic field crops
• costs
• income
• loss
• profit
• total revenue