Abstract
The paper studies the dynamics of the relative production efficiency of the main agricultural crops in Ukrainian enterprises for 2017 – 2019 years, in particular sunflower. It has been established that price instability restrains the intensification at which oilseed yield increases, but the degree of risk increases due to the simultaneous trend of convergence of price indicators and production costs. It is concluded that the capacity building of the oil and fat industry should have scientifically sound limits. The work is innovative in terms of its approaches and recommendations, as well as in a new perspective of researching topics. The issues and provisions given in it may be used to analyze existing theoretical positions. In addition, the theoretical significance of the paper is it can become a motif and a major base for further studies in the given direction. The practical implementation of the conclusions, recommendations and suggestions obtained from the research will contribute to the stability of oilseed production after the Covid-19 pandemic.
Highlights
The economic situation in Ukraine has developed in such a way that it is advantageous to process sunflower seeds in the country and to export rapeseed and soybean seeds
The growing demand for vegetable oils and limited land resources in many countries of the world determine the prospects for the development of this market
The aim of this study is to analyse the economic efficiency of the production of major crops in Ukrainian enterprises for 2017-2019, establishing the causes of the existing economic benefits of oilseeds and identifying trends in their adaptation to the global market environment
Summary
The economic situation in Ukraine has developed in such a way that it is advantageous to process sunflower seeds in the country and to export rapeseed and soybean seeds. The growing demand for vegetable oils and limited land resources in many countries of the world determine the prospects for the development of this market. Ukraine is increasing the production of oilseeds and their processed products. Today there are already more than 10 million tons of refining capacity in Ukraine, and the gross harvest of oilseeds has reached 12 million tons. For the 2019 harvest, 7.2 million hectares of oilseeds were sown in all categories of farms occupying more than 25% of all sown areas, which significantly exceeded the permissible saturation of the crop rotation with these crops
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