Management of Budgets for Agricultural Crops in the 2023-2024 Agricultural Season
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BALAN, Igor, ZBANCĂ, Andrei, URÎTU, Vasile. Management of Budgets for Agricultural Crops in the 2023-2024 Agricultural Season. In: EIRP Proceedings, 2023, vol. 18, nr. 1, pp. 275-283. ISSN 2067-9211.
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EIRP Proceedings
Volumul 18, Numărul 1 / 2023 / ISSN 2067-9211 /ISSNe 2069-9344

Management of Budgets for Agricultural Crops in the 2023-2024 Agricultural Season

JEL: M21; Q12; Q19

Pag. 275-283

Balan Igor, Zbancă Andrei, Urîtu Vasile
 
Free International University of Moldova
 
 
Disponibil în IBN: 5 octombrie 2023


Rezumat

The purpose of the article is the in-depth analysis and information of domestic agricultural producers regarding the specifics and peculiarities of the 2023-2024 agricultural season and practical recommendations regarding the reduction of negative effects in the context of the economic crisis and recession. In this context, the authors analyzed the situation of the income and expenditure budgets for the year 2021 and their estimate for the 2023-2024 agricultural season (2020 and 2022 were excluded from the analysis, because they were years with pronounced droughts, and the price of agricultural production of was quite tall). The final conclusion of the group of authors boils down to: lavender culture is highly profitable, the production processes are fully mechanized and it is a payment with increased resistance to drought (in dry years the quality of the essential oil is higher), which is extremely important in conditions of climate resilience and it is recommended to be practiced for small farmers to diversify incomes in rural areas.

Cuvinte-cheie
Budget, Profitability, sales income, cost of sales, Gross Margin, cash flow, agricultural crops, comparative analysis