Financial aspects of potato production on farms in the Republic of Serbia

Petrović, Mladen and Ljiljanić, Nikola and Cvijanović, Vojin and Tomić, Vedran and Radišić, Robert (2021) Financial aspects of potato production on farms in the Republic of Serbia. In: X International Symposium on Agricultural Sciences "AgroReS 2021". Faculty of Agriculture, University of Banja Luka, Trebinje, Bosnia and Herzegovina, pp. 192-198. ISBN 978-99938-93-70-7

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Abstract

Vegetable production in the Republic of Serbia is performed on about 130,000 hectares that is about 3.5% of total plant production. The most common vegetable in Serbia is potato, which is grown on about 30,000 hectares. The goal of the paper is to show the financial aspects of potato production on farms in Republic of Serbia in the 2015-2019 period by utilization of calculation based on variable costs. The data for analysis have been collected on 323 farms (survey done on selected farms conducted by the Institute for Science Application in Agriculture - IPN). By utilization of sensitivity analysis it has been also shown in the paper the impact of prices and yields on amount of gross margin in potato production. The obtained results indicate a constant increase of the gross margin amount in the potato production in the analyzed period, as well as that changes in prices and yields have a significant impact on the gross margin in potato production.

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