THE FACTORS DETERMINING PROFITABILITY OF GRAIN PRODUCTION IN A REGION
DOI:
https://doi.org/10.17770/etr2019vol1.4036Keywords:
Specialization, grain crops, economies of scale, financial results, Altai RegionAbstract
The research was conducted in order to determine influence of structural factors on profitability of grain production in the Altai Region, which is one of the main producers of grain in Russia. The influence of specialization and placement on the economic efficiency of grain production in the Altai Region was determined, factors for the formation of financial results and the financial condition of grain-type organizations were revealed. Comparison of agricultural organizations for which grain farming was the main production sector indicates that in case of increase in the cultivation area, the economic efficiency of resource use will be increased, despite higher costs per hectare of grain crops. The variation of organizations in the profitability of production is explained by the imperfection of the management system of the main branches in separate agricultural organizations, including non-optimal production volumes and placement in natural and economic zones. In the largest highly tailored organizations the economic efficiency of the resources used increased in the short-term perspective rose, but risks of its decline are created in the long-term period.Downloads
References
C. R. McConnell, L. S. Brue Macroeconomics: principles, problems, and policies. McGraw-Hill/Irwin, New York, 2008.
V.A. DobryninActual problems of economy of agriculture. Russian Timiryazev State Agrarian University, Moscow, 2001.
K.P. ObolenskijCost efficiency of agricultural production: the theory and practice. Economy, Moscow, 1974.
А.D. Shafronov, "Assessing the efficiency of agriproduction," AIC: Economy, Management, vol. 4, pp. A61-A69, April2015.
Yu ShengandW Chancellor"Exploring the relationship between farm size and productivity: Evidence from the Australian grains industry,"Food Policy. Available online [Accessed March 29, 2018], http://dx.doi.org/10.1016/j.foodpol.2018.03.012.
X. Wang, Yu. Chen, P. Sui, P. Yan, X. Yang, W. Gao, "Preliminary analysis on economic and environmental consequences of grain production on different farm sizes in North China Plain," Agricultural Systems, vol. 153, pp. A181-A189,May 2017 [Abstract]. Available: ProQuest [Accessed June 15, 2016], http:// dx.doi.org/10.1016/j.agsy.2017.02.005.
N. Key"Farm size and productivity growth in the United States Corn Belt,"Food Policy. Available online [Accessed March 28, 2018], http://doi.org/10.1016/j.foodpol.2018.03.017.
M. Osaki and M.O. Batalha "Optimization model of agricultural production system in grain farms under risk, in Sorriso, Brazil," Agricultural Systems, vol. 127, pp. A178-A188, May 2014 [Abstract]. Available: ProQuest [Accessed March 6, 2014], https://doi.org/10.1016/j.agsy.2014.02.002.
N. Browne and R. Kingwell and R. Behrendt and R. Eckard "The relative profitability of dairy, sheep, beef and grain farm enterprises in southeast Australia under selected rainfall and price scenarios," Agricultural Systems, vol. 117, pp. A35-A44, May 2014 [Abstract]. Available: ProQuest [Accessed February 6, 2013], https://doi.org/10.1016/j.agsy.2013.01.002.
A.I. Altukhov"The main directions of stimulation of improvement of quality of agricultural products," AIC: Economy, Management, vol. 1,pp. A4-A13, January 2017
A.М. Yugay "Market Model to Motivations of the Labour and Reasons Its Weak Efficiency in Agriculture," Agrarian Bulletin of the Urals, vol. 10, pp. A13-A19, October 2008
A.I. Kolobova"Intensification of agricultural production," Bulletin of Altai State Agricultural University, vol. 3, pp. A102-A109, March 2010.
S.P. Vorobyovand G.M. Gritsenkoand V.V. Vorobyova, T.I. Valetskaya, "Financial Condition of the agricultural organizations at the various branche combinations,"Economy of Agricultural and Processing Enterprises, vol. 12, pp. A36-A39, December 2017.
