Abstract
Abstract The paper discusses competitiveness of the agro-industrial sector, which is a multifaceted concept that characterizes its ability to compete in both domestic and foreign markets. Ukraine has significant opportunities to develop the agricultural sector and turn it into a highly efficient branch of economy. Favorable soil and climate conditions, and fertile land contribute to its further development, obtaining agricultural crops in volumes sufficient to meet domestic needs and build export potential. The production process of agricultural goods takes longer than in industry. Therefore, at the stage of determination of the production program of an agricultural enterprise, it is very difficult to respond on time to changes in consumer demand and increase the product competitiveness within the already established production schemes in the markets. Therefore, the purpose of our study is to evaluate the effectiveness of growing the studied crops in a typical farm in Central Ukraine and offer a roadmap for making management decisions when planning a production program. For this purpose, a method based on calculations of the gross margin, total expenses, production thresholds, profitability, and payback of production factors was chosen.
Highlights
The main task of the agro-industrial complex is to achieve sustainable growth in agricultural production, reliable provision of the country with food and raw materials, and to combine the efforts of all sectors to achieve high final results
Formation of competitive advantages of agricultural enterprises increases competitiveness of the agricultural sector of the economy, and, contributes to solution of problems related to food security of the country (Godfray et al, 2010; Durbach and Stewart, 2012; Falcone et al, 2016; Forman and Peniwati, 1998; Noya et al, 2015; Parihar et al, 2016)
A method based on calculations of the gross margin, total expenses, production thresholds and profitability and payback of factors of production: land, capital and labor was chosen for our research
Summary
The main task of the agro-industrial complex is to achieve sustainable growth in agricultural production, reliable provision of the country with food and raw materials, and to combine the efforts of all sectors to achieve high final results. Formation of competitive advantages of agricultural enterprises increases competitiveness of the agricultural sector of the economy, and, contributes to solution of problems related to food security of the country (Godfray et al, 2010; Durbach and Stewart, 2012; Falcone et al, 2016; Forman and Peniwati, 1998; Noya et al, 2015; Parihar et al, 2016). More often than not, warming occurs during winter, and the summer climate in most regions remains unchanged, often even cooler. We need to prioritize the production of these grains by increasing their sown areas (Brown and Funk, 2008; Gathala et al, 2015; Parra-Lopez et al, 2007; Reynolds et al, 2010)
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