The assessment of the economic risks level of sugar beet growing for the farm economy
The risk rate of sugar beet growing was analyzed by using the algorithm for modelling and generating the random numbers based on the conditions determined in advance and the statistical distribution of sugar beets yield, the total costs, earnings and gross profit. On the bases of results of the anal...
| Main Authors: | , , , , , , |
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| Format: | Article |
| Language: | English |
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Czech Academy of Agricultural Sciences
2012-01-01
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| Series: | Agricultural Economics (AGRICECON) |
| Subjects: | |
| Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-201201-0005_the-assessment-of-the-economic-risks-level-of-sugar-beet-growing-for-the-farm-economy.php |
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| author | Josef Pulkrábek Miroslav Kavka Vladimír Rataj Jaroslav Humpál Ladislav Nozdrovický Zdeněk Trávníček Vladimír Pačuta |
| author_facet | Josef Pulkrábek Miroslav Kavka Vladimír Rataj Jaroslav Humpál Ladislav Nozdrovický Zdeněk Trávníček Vladimír Pačuta |
| author_sort | Josef Pulkrábek |
| collection | DOAJ |
| description | The risk rate of sugar beet growing was analyzed by using the algorithm for modelling and generating the random numbers based on the conditions determined in advance and the statistical distribution of sugar beets yield, the total costs, earnings and gross profit. On the bases of results of the analysis of economic risks of sugar beet production in years 1995-2009, it follows that the sugar beet growing in all regions is highly risky in the Czech Republic. The subsidy SAPS and TOP-UP per 1 hectare of sugar beet have a positive impact on its economics though not sufficient enough. In practice, it means that it is highly probable that the break-even point will not be achieved and thereby it is highly probable that the fixed costs are not covered and the update of machines is significantly limited. This happens mainly in the marginal regions. If the agricultural companies count on the separate sugar payment, the sugar beet growing is in all regions of the Czech Republic with acceptable risk. |
| first_indexed | 2024-04-10T08:39:49Z |
| format | Article |
| id | doaj.art-e1a35b76a57c47d88372db4b1f68d955 |
| institution | Directory Open Access Journal |
| issn | 0139-570X 1805-9295 |
| language | English |
| last_indexed | 2024-04-10T08:39:49Z |
| publishDate | 2012-01-01 |
| publisher | Czech Academy of Agricultural Sciences |
| record_format | Article |
| series | Agricultural Economics (AGRICECON) |
| spelling | doaj.art-e1a35b76a57c47d88372db4b1f68d9552023-02-23T03:24:13ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952012-01-01581414810.17221/111/2010-AGRICECONage-201201-0005The assessment of the economic risks level of sugar beet growing for the farm economyJosef Pulkrábek0Miroslav Kavka1Vladimír Rataj2Jaroslav Humpál3Ladislav Nozdrovický4Zdeněk Trávníček5Vladimír Pačuta6Faculty of Engineering, Czech University of Life Sciences Prague, Prague, Czech RepublicFaculty of Engineering, Czech University of Life Sciences Prague, Prague, Czech RepublicSlovak Agriculture University in Nitra, Nitra, Slovak RepublicInstitute of Agriculture Economics and Information, Prague, Czech RepublicSlovak Agriculture University in Nitra, Nitra, Slovak RepublicInstitute of Agriculture Economics and Information, Prague, Czech RepublicSlovak Agriculture University in Nitra, Nitra, Slovak RepublicThe risk rate of sugar beet growing was analyzed by using the algorithm for modelling and generating the random numbers based on the conditions determined in advance and the statistical distribution of sugar beets yield, the total costs, earnings and gross profit. On the bases of results of the analysis of economic risks of sugar beet production in years 1995-2009, it follows that the sugar beet growing in all regions is highly risky in the Czech Republic. The subsidy SAPS and TOP-UP per 1 hectare of sugar beet have a positive impact on its economics though not sufficient enough. In practice, it means that it is highly probable that the break-even point will not be achieved and thereby it is highly probable that the fixed costs are not covered and the update of machines is significantly limited. This happens mainly in the marginal regions. If the agricultural companies count on the separate sugar payment, the sugar beet growing is in all regions of the Czech Republic with acceptable risk.https://agricecon.agriculturejournals.cz/artkey/age-201201-0005_the-assessment-of-the-economic-risks-level-of-sugar-beet-growing-for-the-farm-economy.phpsugar beetgrowing technologyproduction economicrisk |
| spellingShingle | Josef Pulkrábek Miroslav Kavka Vladimír Rataj Jaroslav Humpál Ladislav Nozdrovický Zdeněk Trávníček Vladimír Pačuta The assessment of the economic risks level of sugar beet growing for the farm economy Agricultural Economics (AGRICECON) sugar beet growing technology production economic risk |
| title | The assessment of the economic risks level of sugar beet growing for the farm economy |
| title_full | The assessment of the economic risks level of sugar beet growing for the farm economy |
| title_fullStr | The assessment of the economic risks level of sugar beet growing for the farm economy |
| title_full_unstemmed | The assessment of the economic risks level of sugar beet growing for the farm economy |
| title_short | The assessment of the economic risks level of sugar beet growing for the farm economy |
| title_sort | assessment of the economic risks level of sugar beet growing for the farm economy |
| topic | sugar beet growing technology production economic risk |
| url | https://agricecon.agriculturejournals.cz/artkey/age-201201-0005_the-assessment-of-the-economic-risks-level-of-sugar-beet-growing-for-the-farm-economy.php |
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