Economic aspects of production and consumption of buckwheat

Olena Cherednichenko
Abstract

The economic aspects of the production and consumption of buckwheat in Ukraine are considered. The importance of growing buckwheat and the need to develop this industry, both for achieving the main goal of agricultural producers as well as meeting the needs of the population and the successful resolution of the food problem in all regions of Ukraine and the improvement of export opportunities, are noted. The results of research on the development of this segment of the grain crops market of domestic and foreign scientists, economists-agrarians, are considered. The necessity of further scientific research on the production and provision of buckwheat products to the population was revealed. Materials for research were scientific works and periodicals of foreign and domestic economists, as well as official statistics of the Main Department of Statistics in the Kyiv region, and materials for reporting and accounting of agricultural enterprises in the region. As a result of the application of statistical, monographic methods of research, as well as the method of generalization and comparison, the analysis and research of the domestic market of buckwheat has been carried out, which reveals the main factors influencing the production, sale, and consumption of the specified products. The dynamics of the development of buckwheat production are investigated, and its economic efficiency is analyzed in the period of 2013-2017 at agricultural enterprises of the Baryshevsky district of the Kyiv region. It is noted that the agricultural enterprises of the Baryshevsky district of the Kyiv region have rather favorable geographical and economic conditions for growing buckwheat. The growth of the main economic indicators of its production, besides the level of marketability, as well as the positive and negative aspects of this process, are noted. The strategic directions of economic development of the crop sectors in agricultural enterprises of the region and Ukraine in general are noted. It is proved that the production of buckwheat is economically profitable and expedient in the present conditions. Low-cost cultivation technology, fast liquidity in the market, and high purchasing prices make it a highly profitable crop even for enterprises with little energy and resource support, which is proved by the example of agricultural enterprises under study

Keywords

nutritional value, economic efficiency; selling price; production cost of buckwheat; prices for buckwheat; subsistence minimum; the actual minimum age-wage

Suggested citation
Cherednichenko, O. (2019). Economic aspects of production and consumption of buckwheat. Economics and Business Management, 10(2), 144-154. http://doi.org//10.31548/bioeconomy2019.02.144
References
References in the process of publication