Economics and Business Management

Directions for ensuring efficient production of plant products in agricultural enterprises

Y. Lanchenko, M. Tymoshenko, V. Ivchenko
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Abstract

The subject of the study covers the practical principles of crop production. The purpose of the study is to substantiate promising directions for ensuring the production of plant products in agricultural enterprises based on the analysis of indicators of their economic activity. Research methods: abstract-logical; monographic; statistical and economic, systematic approach, etc. Within the framework of the study, an analysis of the volume of production of agricultural products in Ukraine, acreage of agricultural crops in enterprises, data on the export of agro-food products of plant origin was carried out. The distribution of enterprises by the area of agricultural land that was owned and used in 2022, the area and yield of agricultural crops on irrigated land in enterprises, the use of fertilizers and pesticides in agricultural enterprises was analyzed. Attention was paid to the financial and economic indicators of agricultural enterprises of Ukraine during 2020-2022. It is substantiated that in order to ensure incomes and effective activity of agricultural enterprises, to balance the trade balance of the state, it is necessary to further improve the logistics schemes for the export of manufactured and processed agro-food products. This will contribute to the increase of added value, the number of jobs and labor income of the rural population in territorial communities, the saturation of the domestic agricultural market, etc. Currently, strategic agricultural crops, on which the modern development of the agrarian economy depends, are winter wheat, corn, sunflower, soybean and winter rapeseed. However, in order to diversify agribusiness, as a way of reducing risks in the field of sales of plant products to enterprises, it is necessary to expand specialization and set aside part of the land for the cultivation of niche crops and perennial plantations. In order to ensure the efficient production of plant products in enterprises, it is necessary to carry out its intensification thanks to the use of optimal doses of fertilizers and plant protection agents, irrigation of fields in arid regions of the country. Directions of application of research results: in the formation of agrarian and regional policy, the formation of program documents for the development of the agrarian sector of the economy and rural areas in communities, the formation of strategies, investment and business strategies, investment and business plans for the development of agricultural enterprises

Keywords

crop production; agricultural enterprise; efficiency; diversification of agribusiness; intensification of agricultural production

Suggested citation
Lanchenko, Y., Tymoshenko, M., & Ivchenko, V. (2024). Directions for ensuring efficient production of plant products in agricultural enterprises. Economics and Business Management, 15(2), 23-42. https://doi.org/10.31548/economics15(2).2024.025
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