Analysis of economic risks of hop growing

Abstract

The hitherto development of agricultural production shows that one of the characteristic attributes of the present period is great economic instability. Monitoring of the development of prices of inputs and outputs as well as climatic conditions reveals that similar problems are not limited to the Central European countries. Prosperity and competitiveness of the production is a function of mutual relations of costs, prices and yields. For the sound managerial decision-making, it is necessary to continually analyse and evaluate the rate of risk - soundness of the planned results (Rataj, Kavka 1999; Rataj 2001). For that reason, this contribution concerns the analysis of economic risks of the hop growing that takes into account statistical data in the time horizon of the last 15 years for the "Žatec poloranný červeňák" of traditional planting (further only ŽPČT) and 7 years for ŽPČ virus free (farther only ŽPČV) and the hybrid sorts (farther only HYBR).

Keywords

• hop
• risk
• costs
• gross profit
• gross margin