Economic results of agricultural enterprises in 2010

Abstract

The paper analyses the development of economic measures on a sample of agricultural enterprises in the Czech Republic in 2006-2010. These enterprises were divided according to the share of the land in the LFA. The aim of the paper is to describe current economic state of agricultural enterprises and to define long-term tendencies of the profit/loss and of factors that can infl uence it. Compared to 2009, the situation of agricultural enterprises improved in 2010, the majority of enterprises reached a profit, however the profit was not at the same level as in 2007 and 2008. Primarily, total production after its considerable decline in 2009 increased only slightly and reached a level of 2006 in the average enterprise. The labour productivity increased due to a reduction of the number of workers. Decreasing the number of workers is a long term trend as well as increasing of financial support in agriculture. However, the growth rate of support is slowing; the non-LFA support has been decreased in last two years. The increasing share of revenues from crop production and reducing the share of revenue from livestock production is also a long-term tendency.