Influence of the Energy Crisis on Prices and the Performance of Agricultural Holdings

Abstract

Agriculture is a complex science, made up of a number of factors that help the proper functioning and development of a society. In Romania, the agricultural sector has a strategic importance because it produces substantial income for the country, and the performance of this branch also depends on its Gross Domestic Product. The energy crisis imposed a new strategic approach on farmers in order to survive. The energy crisis triggered by the war between Russia and Ukraine generated an economic instability that also affected the price of cereals and implicitly agriculture throughout the world. The objective of this work is to observe what are the factors that direct the price of cereals on the main trading exchanges.

Keywords

• performance
• agricultural holding
• energy crisis
• cereals
• costs