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Economic analysis of forced tomato production with regard to the intensity of production
15-21.Views:495We 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.
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Effect of postharvest on the economic viability of walnut production
28-38.Views:649In 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.
