SENSITIVITY ANALYSIS FOR MAIZE CULTURE
Maize, one of the most traded agricultural products in the world, was chosen for analysis from several cereals and oilseeds owned by a farm in Ilfov County. Economic analyses were performed on this crop in order to determine: expenses per 1,000 lei income, gross margin and their share in the gross p...
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| Format: | Article |
| Language: | English |
| Published: |
University of Agricultural Sciences and Veterinary Medicine, Bucharest
2021-01-01
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| Series: | Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development |
| Online Access: | https://managementjournal.usamv.ro/pdf/vol.21_1/Art84.pdf |
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| Summary: | Maize, one of the most traded agricultural products in the world, was chosen for analysis from several cereals and oilseeds owned by a farm in Ilfov County. Economic analyses were performed on this crop in order to determine: expenses per 1,000 lei income, gross margin and their share in the gross product, rate of net income, rate of operating expenses and rate of depreciation. Following the analysis and evaluation of the mentioned indicators, the sensitivity analysis was applied, this being also the purpose of this paper. Sensitivity analysis highlighted the gross margin in relation to changes in price and average production, based on which the main sources of risk or opportunity in terms of crop profitability can be identified. |
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| ISSN: | 2284-7995 2285-3952 |