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SENSITIVITY ANALYSIS FOR MAIZE CULTURE.

Authors :
ȘURCĂ, Daniela-Elena
Source :
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development. 2021, Vol. 21 Issue 1, p741-744. 4p.
Publication Year :
2021

Abstract

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. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
22847995
Volume :
21
Issue :
1
Database :
Academic Search Index
Journal :
Scientific Papers Series Management, Economic Engineering in Agriculture & Rural Development
Publication Type :
Academic Journal
Accession number :
149457299