ANALYSIS AND FORECASTING OF PROFIT BY USING SIMULATION MODELS FOR GROWING PEA IN CONVENTIONAL AND ORGANIC PLANT PRODUCTION IN SERBIA

  • Jelena Mladenović, Ph.D. Faculty of Agronomy, Cacak
  • Nenad Pavlović, Ph.D. Institute for Vegetable Crops, Smederevska Palanka
  • Milan Ugrinović, Ph.D. Institute for Vegetable Crops, Smederevska Palanka
  • Rados Pavlovic, Ph.D. Faculty of Agronomy, Cacak
  • Jasmina Zdravković, Ph.D. Institute for Vegetable Crops, Smederevska Palanka

Abstract

Bean is the third most important food legume crop of the world after soybean and groundnuts; it provides an important source of dietary proteins, carbohydrates, minerals and fber essential in human nutrition worldwide. A high, per capita bean consumption of 13 to 40 kg yr-1 was observed in developing countries. In EU developed countries, market of the organic products is growing in average 10 % per annum, but this growth has not been followed by production growth and this is the chance for Serbian products. Organic bean growing enables the producers a higher proft. Expenses in organic production are higher (2170 EUR/ha) than those in conventional bean production (1825 EUR/ha). However, net proft in the organic production was estimated to 1440 EUR/ha, while the proft in the conventional concept was 315 EUR/ha. Also, proftability rate and the economic effciency coeffcient had higher values when growing bean in organic concept.

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Published
2016-08-31
How to Cite
MLADENOVIĆ, Jelena et al. ANALYSIS AND FORECASTING OF PROFIT BY USING SIMULATION MODELS FOR GROWING PEA IN CONVENTIONAL AND ORGANIC PLANT PRODUCTION IN SERBIA. Economics of Agriculture, [S.l.], v. 63, n. 3, p. 987-995, aug. 2016. ISSN 2334-8453. Available at: <http://ea.bg.ac.rs/index.php/EA/article/view/211>. Date accessed: 16 nov. 2019. doi: https://doi.org/10.5937/ekoPolj1603987M.

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