Production and Economic Results of Farms of Various Area Size Specializing in Cereal Production

Abstract

The aim of the study is to assess the production and economic results of farms of various area sizes specializing in cereal production. The assessment was carried out on the basis of data from farms covered by agricultural accounting in the FADN system in 2020. Classic indicators of productivity and profitability of land, labor and capital were used to assess the management of production factors in the surveyed farms. The analysis shows that with the increase in the size of farms specializing in the production of cereals, their productivity and profitability clearly increases, which is associated with the organization of production and the increase in the level of production intensity in larger farms. Therefore, the expansion of cereal farms leads to a clear improvement in the production and economic results of their activity.