Economic analysis of field crop production on a family farm

Authors

  • Biljana Veljković Faculty of Agronomy in Čačak, University of Kragujevac, Cara Dušana 34, 32000 Čačak, Serbia
  • Ranko Koprivica Faculty of Agronomy in Čačak, University of Kragujevac, Cara Dušana 34, 32000 Čačak, Serbia
  • Marija Gavrilović Faculty of Agronomy in Čačak, University of Kragujevac, Cara Dušana 34, 32000 Čačak, Serbia
  • Aleksandar Šiljić Academy of Vocational Studies Šabac, Department of Agricultural Business Studies and Tourism, Vojvode Putnika 56, 15000 Šabac, Serbia
  • Vera Rašković Academy of Vocational Studies Šabac, Department of Agricultural Business Studies and Tourism, Vojvode Putnika 56, 15000 Šabac, Serbia
  • Nemanja Stošić Academy of Vocational Studies Šabac, Department of Agricultural Business Studies and Tourism, Vojvode Putnika 56, 15000 Šabac, Serbia
  • Dragan Terzić Faculty of Agriculture, University of Niš, Kosančićeva 4, 37000 Kruševac, Serbia

DOI:

https://doi.org/10.5937/

Keywords:

costs, economic efficiency, wheat, corn, triticale, sunflower

Abstract

An economic analysis of field  crop (wheat, corn, triticale and sunflower) production on a family farm, representing a case-study  average farm, during one production year involved calculation of production costs, gross margin, economic efficiency and rate of profitability. Calculations showed that the highest amount of gross margin was achieved with corn, followed by sunflower, triticale and wheat. The calculated values of the coefficient of efficiency were in the respective order: 3.59 for corn, 2.16 for sunflower, 1.89 for triticale and 1.79 for wheat. The share of variable costs was also indicated, with special emphasis on high costs of mineral fertilizers and machinery.  

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Published

06.02.2026

Issue

Vol. 27 No. 53 (2022)

Section

Articles