THE EFFECT OF SUBSIDIES ON THE PROFITABILITY OF CORN GROWING

Árpád Ferencz, Zsuzsanna Deák

Abstract


Cereals are the most important and most influential cultivated plants in the world and also in Hungary. Their importance is highlighted by the fact that 50% of the tillage areas in the world and around 68% in Hungary are occupied by wheat and corn. Competitiveness of the cultivation depends significantly on the up-to-date production technology. Therefore, in this study we aim to explore the economic feasibility of one of the most important cereals, corn, by analyzing the processes of a well-working family farm. First, we describe the modern process technology applied by the farm and outline operational norms. Material, personal and amortization costs are calculated and development of sales, income and the main efficiency indicators are presented with and without subsidies.


Keywords


corn growing; subsidies; economic analysis

Full Text:

PDF

References


KERTÉSZ, R., SZLOVÁK, S., 2014, A kukorica költség- és jövedelemhelyzete. Agrofórum, Vol. 25 No. Extra 57. pp.8-10;

KSH, 2014, A fontosabb szántóföldi növények betakarított területe, összes termése és termésátlaga (1990–2014), available online at:

http://www.ksh.hu/docs/hun/xstadat/xstadat_eves/i_omn007.html;

PEPÓ, P., SÁRVÁRI, M., 2011, Gabonanövények termesztése. Debreceni Egyetem, Debrecen;

TÖMÖSI, A., 2015, A kukorica globális piaca. Agrárágazat, Vol. 16 No. 1. Kukorica és napraforgó különszám. pp. 8-10.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2016 Árpád Ferencz, Zsuzsanna Deák

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

______________________________________________________________________________________________

Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
Faculty of Management and Rural Tourism
300645, Timisoara, Calea Aradului 119, Romania

E-mail: tabitaadamov2003 [at] yahoo.com
Phone: +40-256-277439, Fax.: +40-256-277031