Economic analysis of forced tomato production with regard to the intensity of production15-21.Views:219
We assessed the cost/income conditions of forced tomato production and return conditions of the growing technologies by investment-profitability analysis. Horticultural sectors generate significant added value and employ a large number of workers per unit area; however, these sectors cover only 4% of agricultural areas. Regarding the use of capital and labour, forced vegetables are the most intensive horticultures with several development potential and reserves to gain better quality and a more efficient farming. One of the most prominent forced cultures is table tomato produced under different types of forcing equipment in Hungary: traditional, low-height plastic tunnel; large-atmospheric, block-based plastic tunnels and various greenhouses. The prime goal of my thesis is to specify the economic efficiency of each type and to choose the most efficient one by the complex economic assessment of plastic tunnels, block-based plastic tunnels and greenhouses with the most advanced technologies. Results of the economic analysis suggest that the most efficient production method is the modern, Dutch greenhouse technology; however, this statement is not backed by every indicator: each type has its own advantages and disadvantages. Regarding the future, the installation of such types or even (in the technical sense) more modern growing technology may be considered as a prospect for capital intensive and larger businesses.
Farm economic evaluation of elderberry production57-60.Views:194
In this present study the efficiency as well as the farm economic advantages and disadvantages of elderberry production are examined. Our objective is to determine the fact that under what conditions the elderberry production may be profitable regarding the present economic and market situations. Our analysis was carried out by a simulation model based on a farm-level data gathering in production enterprises. The total investment cost of an up-to-date, elderberry orchard of traditionally cultivated without irrigation is between 1000 to 1700 thousand HUF per one hectare and turning to productivity is expected within 4-5th years. These orchards are able to produce yields of 8,0 to 9,0 tons per one hectare in the average of the productive years, which makes reaching a revenue of 800 to 1000 thousand HUF possible regarding a per kg average selling price of 80 to 110 HUF. By this a net profit of 200 to 400 thousand HUF may be realized in case of a per hectare production cost of 600 to 700 thousand HUF. At the end of the lifetime of the orchard (12-15th year) an internal rate of return of 10 to 4%, an NPV of 1500 to 2000 thousand HUF per one hectare are typical in an average case, and the payback may be expected in the 6th to 8th year. From the farm economic aspect the elderberry may be considered as an extensive sector, which advantages are low capital and labour need, early recovery, good-acceptable profit on capital and cost to profit ratios, but its disadvantage is low per hectare profit comparing to intensive fruit species and orchards. In this way in general farms of capital-extensive and avoiding risks choose elderberry production.
Assessment of apple varieties based on consumer judgement on their fruits of organic production for fresh consumption87-90.Views:188
The lack of information is often cause of the insufficiency of attributes being developed and appears on the new commodity characterising its utility. Neither own nor other information is presented. For improving this handicap, we endeavoured to praise apple products grown by biological methods and explain their properties as taste, skin, colour, consistency, and size. In addition, we explore the relation between general impression and the individual properties. The scrutiny starts with collecting of primary data on 9 samples taken from biologically grown apple varieties kept over 60–90 days in a store and offered to the consumers. The test is based on an organoleptic assessment (records are registered in a questionnary). The individual judgements are processed and coefficients of correlation between the traits (taste, skin, size, colour) calculated. The validity of the mathematically proved relations is considered to be decisive judging the preferences in consumption of fruits.
Economics of apple-storage I: Comparative time series analysis of apple producer prices in Germany and Hungary75-79.Views:184
Based on standard econometric methods the article analyses the time series of fresh apple producer prices in domestic markets of Germany and Hungary. In Germany, as a consequence of high storage capacities the quantity offered in different parts of the season is relatively stable, that’s why only a rather limited price increasing can be detected. In Hungary, as a consequence of the limited storage capacity this fluctuation is much more important. The modern methods of time series analysis (ARIMA models, stepwise regression) can be efficiently applied for forecasting of price movements.
Antioxidant activity of medicinal plants used in phytotherapy28-35.Views:205
Oxygen free radicals play an important role in the development of different disorders like inflammatory-immune injury, carcinogenesis, hepatic toxicity and artherosclerosis. The antioxydant role of a wide spectrum of natural products has been established. Flavonoids and other phenolic compounds (proanthocyanidins, rosmarinic acid, hydroxicinnamic derivatives, catechines, etc.) of plant origin have been reported as scavengers and inhibitors of lipid peroxidation.
We have studied the antioxidant activity as well as content and composition of natural phenolics in a series of medicinal plants with phytotherapeutical significance. Thus we determined the total phenol contents and studied the composition of flavonoids, polyphenols, phenolic acids of different vegetative and reproductive organs of medicinal plants: Anthriscus cerefolium (L.) Hoffm., Petroselinum crispum L., Cichorium intybus L., Helichrysum arenarium D.C.„cempervivum tectorum L., Taravacum officinale Web.
Characteristic constituents in the various crude drugs were determined by chromatographic (TLC, HPLC) and spectroscopic (UV, UV-VIS) methods. The non specific scavenger activities of the medicinal plant extracts were studied by the chemiluminometric technique. The changes of chemiluminescence intensity of the H,G,•0H-luminol system at increasing concentrations of the H702/ -OH were measured. Inhibitory effects of selected standardized fractions from plants were tested on ascorbic acid induced lipid peroxidation in rat liver and homogenates.
The best correlation were established with total phenolics in some medicinal plants (S. tectorum, T. officinale) while activities in other cases seem to be influenced by flavonoids (P. crispum, H. arenarium, A. cerefolium) and by hydroxicinnamic derivatives (C. intybus).
Farm economic analyis of walnut production71-74.Views:163
In this present study the returning issues and profit conditions of domestic walnut production are investigated. Our objective is to determine the fact that under what conditions our walnut production may be competitive and maintained in an economic way regarding the present economic and market situations. Our analysis was carried out by a deterministic model based on a farm-level data gathering in production enterprises. The total investment cost of an up-to-date walnut orchard is up to 3000 thousands HUF per hectare and turning to
productivity is expected within 8-10th years. These orchards are able to produce a yield of 3 tons per hectare in the years of productivity in a normal year, thus in case of a medium-good selling prices a profit of 500 thousand HUF per hectare may be realized. As a result at the end of the whole lifetime of the orchard (30th year) an internal rate of return (IRR) of 10 to 12% may be calculated and the return is expected in the 20th to 22nd year, which may be considered as a very late return. Taking the 20 to 25% probability of harmful whether phenomena (frost, drought) into consideration, it may be concluded that in good years a performance reaching a yield of 4 tons per hectare is necessary in the long-run in order to achieve the profitable and sustainable production in an economic way. This is managed to reach in only the most up-todate orchards.
The comparative economic analysis of Hungarian and German apple production of good standard79-85.Views:206
The profitability of the Hungarian apple production considering firms producing on high standard is not lagged behind significantly from that of German firms, moreover in certain cases it reflects a more positive situation. It is unfavourable, however, that this statement is true only for 8 to 10% of our whole apple plantation surface. The results of the investigations highlighted the fact that in comparison with Germany our farm business advantages manifest in three factors: in 70 to 80% lower wages, in 15 to 30% higher investment and subsidy intensity and in the fact that at present we cannot neglect the ice safety system which is rather expensive. By the increasing wages, the narrowing subsidy opportunities and incidentally the appearing harmful weather phenomenon, these advantages may be continuously ceased. Our definite disadvantage appears in the level of marketing price, considering the fact that producers in Hungary realize 30 to 35% lower marketing price, which is in connection with the probably much lower level of organization among farmers, in the market and in the logistical background.
Evaluation of sour cherry varieties grown with environmental technology39-41.Views:369
The evaluation of a produce is an important moment of predicting its success on the market. The general impression, which is decisive, when a consumer chooses to purchase the commodity, should be interpreted in more objective, measurable terms. Primary data have been collected on fresh fruits derived from different growing technologies by organoleptic tests and the data filled up in the forms are processed with correlation analysis. The components were: taste, aroma, flesh firmness. The coefficients of correlation showed that the rest of characters as the appearance, juiciness, and the sugar/acid ratio.
Effect of postharvest on the economic viability of walnut production28-38.Views:305
In this study we were studying the question whether walnut production under domestic natural and economic circumstances shall be considered a profitable activity or not. Our partial objective is to determine, what level of natural inputs and production costs are required for walnut production, what yield level, selling price and production value can be attained, what level of profitability, rentability and efficiency may production have, is the establishment of a walnut orchard profitable on the entire lifespan of the plantation, and the production of which is more efficient: the dry shelled walnut production requiring postharvest activity or the raw, shelled walnut without postharvest activities. In this study, comparison of two systems is conducted. First version: producer establishes a walnut plantation and sells walnut raw and shelled. Second version: producer also invests into a drying facility, and in this case the end product is the dry, shelled walnut. If the producer sells walnut right after harvest in a raw bulk, total production costs in productive years reaches 974,011 HUF/ha. Attainable yield is 2.63 t/ha with 396.3 HUF/kg selling price, therefore the profit is 138,258 HUF/ha with 14.19% cost-related profitability. In the case when the producer sells dried, shelled walnut, production costs are 25% higher compared to that of raw walnut due to the cost of drying. By calculating with the postharvest loss, average yield is 1.84 t/ha, however, its selling price is way higher (882.84 HUF/kg), therefore the profit per hectare reaches 475,496 HUF with 39.01% cost-related profitability. Thus it can be stated that walnut production in an average year may be profitable even without postharvest, but efficiency is improved significantly when the producer sells the products dried. Investment profitability analysis revealed that production of raw, shelled walnut is not economically viable, since the plantation does not pay off on its entire lifespan (30 years), while walnut production with postharvest is efficient and rentable, since both net present value (NPV) and internal rate of return (IRR) showed more favourable values than in the previous case, and the orchard pays off in the 21th year after establishment.
Conditions of rentability in the apricot industry of Hungary127-129.Views:155
Total investment costs of an up to date apricot plantation requires about 5000 thousand HUF/ha. Modern
plantations yield under normal conditions 15–20 t/ha with 80% quality for fresh consumption. Consequently, taking the life span of a plantation (15 years), the internal rate of return of 15–17% per year (IRR), that means that the costs of investment will be regained in the 9–10th year, which is considered to be satisfactory. However, weather hazards (frost, hail) may occur at a probability of 20–25%, therefore, maintaining the quality (80% for fresh consumption) and yields (15–20 t/ha) are badly needed to speak about rentability. This level of yields maintains the option of feasibility up to 20–25% losses.
Economic analysis of up-to-date sour cherry or in Hungary89-94.Views:151
In this study cost-profit analysis is carried out to up-to-date Hungarian sour cherry orchards. These orchards cover only 1 to 3 thousand hectares from the sour cherry territory of 16 thousand hectares. In a many-year-average a yield of 15 tons per hectare may be reached in up-to-date sour cherry orchards cultivated under high standard conditions. Per hectare direct production costs take up of approximately 1000 thousand HUF, from which the major portion (60%) is accounted for the personal cost of harvesting. Regarding the above mentioned average yield and a selling price of 100 HUF per kilogram a revenue of 1 500 thousand HUF may be realized, which results in a per hectare contribution of 500 thousand HUF. To sum up, regarding the present extremely unfavourable selling price only reaching an average yield of 15 to 20 tons per hectare may lead to appropriate profit.
Investment analysis of Hungarian apple-orchard and fruit storage projects157-162.Views:186
There are profound, long-term changes in world apple production and trade. The former hegemony of Europe in apple production doest not exists any more, among the most important apple exporters the emerging economies have a growing importance. The globalising apple market means new challenges of traditional producers. This is especially true for Hungary, which has been the most important apple exporter in terms of quantity thirty years ago, but now its production hardly covers the domestic demand. A necessary precondition of the modernisation is the re-construction of plantations and the cold-storage system. Analysing the economic effi ciency of apple production and cold storage, it is obvious, that a necessary precondition for the modern, competitive apple production is the availability of cold-storage facilities. Neither the apple-production, nor the cold-storage can not evaluated separately from each other. Under current Hungarian conditions there is a need for active state support for the establishment of cold-storage facilities.
The expression of the primigenic dominance in the flowering and fruit set of selected apple cultivars on different growth inducing rootstocks27-31.Views:188
Authors investigated the expression of the primigenic dominance in the flowering and fruit from open and self pollination of four apple cultivars ('Gala Royal', 'Golden Smoothee', Pink Lady' and 'Vista Bella') during two consecutive years in Western Hungary on three different growth inducing rootstocks (M. 9, MM. 106 and seedling). There were not significant differences in the effect of the rootstocks on the flowering order in a flower cluster. Significant difference in the fruit set in open pollination was found among individual flowers in a cluster, mostly between the king bloom and the second flower. The rate of the fruit set from self-pollination was very low without any significant difference among individual flowers in the cluster.
Cost and profit analysis of sour cherry production for industrial purposes in Hungary75-79.Views:223
Our main objective in this present study is to evaluate the profitability and efficiency of sour cherry production by a complex economic analysis of its technological process. We concluded that the per kilogram prime costs range between 80 to 90 HUF/kg in case of sour cherry for industrial purposes. On this basis, it is clear that the 50 to 90 HUF/kg regular selling prices of previous years do not make profitable production possible. Under the present market conditions even considering per hectare average yields of 10 to 15 tons the establishment of sour cherry orchards is not economical, the internal rate of return is below the interests of money-market and the recovery will not be happened even during the whole life-time of the orchard. In this way the domestic enterprises should not only raise the yields but realize technological changes (e.g. mechanic harvesting) in order to decrease the production costs in a significant way and to maintain a profitable sour cherry production. It is expected that the enterprise farming on great land (several ten hectares), being settled for mechanic harvesting (subordinating everything to this), reaching yields of 15 to 20 tons per hectare, producing on high technological and input levels, having specialized knowledge will stay on the sour cherry market far in the future.
Economic figures of plum production at national level of Hungary111-113.Views:205
In Hungary, natural conditions are optimal for growing plums. In spite of that, plum production was not a successful business in the past years. The reasons of it are, first of all, the utter fluctuation of yields and of the producer’s prices, increment of direct costs of production, dwindling incomes and uncertainties on the market. Serious problems are caused by the high rate of aged plantations, which are not counterbalanced by new plantings. Decisive is the “loose” ranging of the branch by the Union regarding plum production, which is expected for the sake of enlarging production and markets. Our aims are to analyse the management of the eight-year-long period, 2002-2009, and the fate of components of husbandry. The results presented are means of an utterly heterogeneous population of enterprises, being hardly suitable to make actual decisions, but they may enlighten upon challenges and recognise tendencies within the branch.
Cost and profit conditions in the Hungarian intensive apple production65-68.Views:164
In this study I investigated the cost and profit conditions and the efficiency of intensive, qualitative apple production on the basis of a data collection carried out in ventures of high standard production. I concluded that the intensive apple production has an extremely high cost requirement, the production costs are approximately 1500 to 1600 thousand HUF per hectare. In an average case, a production value of 2000 thousand HUF per hectare may be reached, which may fluctuate in a wide interval during the years. Considering the above mentioned, a net profit of 400 to 500 thousand HUF may be realized in one hectare. It should be highlighted that regarding the present marketing conditions, realizing the appropriate profit may be expected only by producing 30 to 40 tons per hectare yields and 80 to 90% food quality ratio.
Farm economic evaluation of raspberry production53-56.Views:196
Hungary was considered as one of the most significant raspberry producers in the 1980’ies. The acreage and the produced quantity, however, reflected a decreasing tendency during the past two decades: the 7 000 hectares existing in the year of 1990 reduced to 1 500 hectares, the current territory does not reach the 500 hectares. The annual yield is only 1 to 3 thousand tons. The level of domestic fresh consumption is very low, due to the fact that it is a relatively expensive fruit for Hungarian consumers. The requirement of the processing industry is satisfied by raspberries from mainly Polish and Serbian import. These two countries belong to the biggest raspberry producing countries in the world by producing raspberries of more than 50 thousand tons. Comparing to the Hungarian production costs and yields they are able to transport their products here at a very low price, consequently they hold the prices at a low level. The profitability of the domestic raspberry production is rather unfavourable, production often shows a deficit even in orchards of good standard; furthermore the lack of labour causes an extremely great difficulty, which is an important component of the decline of the production independently from cost conditions.
Assessment of apple varieties based on consumer judgement in integrated production for fresh consumption71-74.Views:192
In a former paper we treated the same relation comparing varieties frown in the biological or organic system of growing, now the tests have been performed with samples grown by the integrated system. The scores registered properties as taste, skin, colour, consistency and size. In addition, we also explored the relation between general impression and the individual properties.As first purpose, we started with collecting primary data on 15 samples taken from fruits grown by the integrated method and kept over 60–90 days in a store, then offered to the consumers. The test is based on an organoleptic assessment (records are registered in a questionary). The individual judgements are processed and coefficients of correlation between the traits (taste, skin, size, colour) calculated. The validity of the mathematically proved relations is considered to be decisive in judging the preferencial consumption of fruits.
Economic aspects of applying hail protection nets in apple plantations99-101.Views:150
The up to date intense apple growing in Hungary is capable to produce yearly about 500-1000 thousand Ft/ha income, which means that the investment of 4 000–5 000 thousand Ft is returned by producing 10-20% net income. The economic balance may, however, be upset by the damage caused by hail, quantitative and qualitative, with an apparently increasing frequency experienced in each third or fourth year. Estimates prove that each hail causing 50% damage may reduces the income proportionately to the capital by 1.5–2.0 percent points, which means a serious threat for the economy of apple production. According to calculations, a plantation producing 30–40 t/ha yields would not be able to raise incomes compensating the investment of 7.0–10.0 million Ft/ha, let alone the frequencies of hail damages. Consequently, 50–60 t/ha yields are needed to become successful, and in planning of new plantations those high yields are aimed with hail nets. An additional difficulty is represented by a lack of financial resources to install hail protection nets.
Investment appraisal of a plantation establishment for intensive apple production17-20.Views:157
For fruits, establishing intensive apple-orchards requires the highest amount of investment cost, while the returns depend on many factors. Based on farm and bibliography data we appraised an investment in a model in some variations that are the most used in practice (100% owner's capital and 55% owner's capital +45%o subsidies). The profitability of the investment has been analysed using the methods of NPV (Net Present Value) and DPP (Dynamic Payback Period). The essence of our analysis is a sensitivity analysis with the optimistic, pessimistic and realistic combinations of the yield and the market price. Plantation establishment financed by only own (corporate's) sources turns into profitable over 7-10 years in average and favourable cases, but the opposite is the case in unfavourable circumstances. By subsidy of 45% for investments, it is highly possible to return by the fifth or sixth year after the year of establishment, but it can return by the twelfth year even in unfavourable case.
Significance of vegetable and fruit processing industry with a special regard on berries and nuts49-52.Views:161
The main goal of our paper is to evaluate the economic performance of processing industry and its significance within food industry, furthermore to define economic weight of processed goods made of nuts and berries. Fruit and vegetable processing industry plays a key role in Hungarian food industry: it provides 10% of its production value and revenue, its export is outstanding and its export-import balance was positive in the last 15 years. Purchase of berries has been continuously reduced in the processing industry, mostly raspberry and blackberry decreased. Nut products is and important group; their revenue was 12% of the industry’s revenue in 2012. Processed goods made of nuts and berries are high added value products, while the purchased quantity is small, the value of finished products is high, especially in case of nuts.
The future of the apple growing branch in Hungary91-98.Views:187
The present study deals with the actual situation of the Hungarian apple production in order to outline the chances of the future and the trends of the development to be anticipated. The general conclusion is accepted that on the long run Hungarian apple production ought to be reorganised. The conditions of keeping the position on the international market are outlined. The main concern is the aging of the plantations, i.e. 40%of them being more than 25–30 year old, and produce apple being suitable for processing only. Organisation of growers is rudimentary, export markets are limited, and buyer’s market is everywhere dominant and is getting more severe. All those circumstances anticipate the reduction of the apple growing branch from the present 35 000 hectares to 15–20 000 hectares within a period of less than 10 years.
Sour cherry for fresh consumption in the retail sector A consumer aspect81-84.Views:154
The basic objective of our study is the promotion of fresh consumption of sour cherry and the enhancement of necessary knowledge. Primer collection of data was planned in three groups of retail shops, always sour cherry being the matter of study. The sampling dates were adapted to the sour cherry season weeks in Hungary. Three samples per week have been taken. Every time a short interview and purchase was planned. Every time, it was stated that the commodity was held for a longer period on the shelf, which trespasses the optimum of the fruit. At the same time there was no concordance between quality and price. From the point of view of the consumer this cannot be accepted.
Economic aspects of aged apple plantations in Hungary13-16.Views:121
Being competitive is a goal all over in the EU. Competition is free and getting closer among the competitors of the apple industry. In Hungary, one of the most important issues of apple industry has been what are the prospects for aged plantations, which account for 50% of crop land. Based on our results, 80% of those apple plantations on the down-grade yielding apple, the ones only for processing, do not meet the criteria of competitive production. For those plantations in better shape that yield 30-40 t/ha, of which at least 20-30% are for fresh production, it can he profitable. Because of the future trend in technology and economy, however, even the latter ones can not be considered being competitive in the long run.