Financial aspects of watermelon production on family farms in the Republic of Serbia

Petrović, Mladen and Ljiljanić, Nikola and Tomić, Vedran and Cvijanović, Vojin and Radišić, Robert (2021) Financial aspects of watermelon production on family farms in the Republic of Serbia. In: : 5th International Symposium on Agricultural Engineering „ISAE 2021“. Faculty of Agriculture, The Institute for Agricultural Engineering, Belgrade, Serbia, IV-1. ISBN 978-86-7834-386-5

Text petrovic et al.pdf - Published Version Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (218kB)

Abstract

Vegetable production in the Republic of Serbia accounts for about 3.5% of total crop production, within which there is a constant trend of declining areas where vegetables are grown, primarily due to the great need for hiring labor, which is decreasing. One of the most common vegetable crop grown in the Republic of Serbia is watermelon, which according to the Republic Statistical Office, along with quince, was grown on 5,700 hectares in 2019, while the largest areas under these vegetables were recorded in 2017 when they amounted to about 8,300 acres. The aim of this paper is to present the economic and financial aspects of watermelon production on farms in the Republic of Serbia in the period between 2015 and 2019, based on data from Statistical Office of the Republic of Serbia and the income and expense survey on the family farms, which represents calculations based on variable costs, conducted by the Institute for the Application of Science in Agriculture. Sensitivity analysis shows the price and yield influence on gross margin amounts in watermelon production. The obtained results indicate a variation in the amount of gross margin in watermelon production in the analyzed period, due to changes in prices, yields and variable costs. Data obtained on sensitivity analysis, determinate that changes in price and yield have a significant impact on the amount of gross margin in watermelon production.

Actions (login required)

View Item