• Title/Summary/Keyword: Farming profit

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An Analysis of Business Management in the Farming Service Company (위탁영농회사의 사업실태 및 경영성과 분석)

  • Kang, C.Y.;Wui, Y.S.;Park, H.T.
    • Journal of Biosystems Engineering
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    • v.19 no.4
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    • pp.318-328
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    • 1994
  • This study was carried out to find out the possibility of continuity of the Farming Service Company (FSC), which has been founding since 1991 by the public administration to obtain the scale economy in the rice production, through the only financial analysis of the FSC. The results obtained were as follows. 1. The FSC's business is forward to the off-farm business rather than farm business. Based on the profit ratio, the profit ratio of off-farm business is more than that of farm business. It may cause the difficulty of policy to obtain the scale economy in the farming through the FSC. 2. Without subsidies the average net profit of the FSC was negative, which may provide the motives to the FSC to seek out the way to survive through the off-farm business, unless the FSC's could break up. 3. After all, the possibility of continuity of the FSC through the only financial analysis seems to be very little. Therefore the public administration should reconsider the present policy which is to found the more FSC continuously. If government wants to support the FSC continuously, government should focus on the conglomeration of farm land to increase the productivity of farming and on the subsidy of off-farm business to increase the profit ratio of the FSC.

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Economical Meaning and Problem concerning Industrial Differentiation of Laver Industry (김 산업의 산업적 분화가 가지는 경제적 의의와 문제점)

  • Kim, Byung-Ho;Lim, Dong-Hoon;Yi, Ju-Hyun
    • The Journal of Fisheries Business Administration
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    • v.47 no.1
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    • pp.47-61
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    • 2016
  • This study is aimed to analyze economical meaning and problems on the industrial differentiation of Korean laver industry. Based on the surveyed data, the export value of korean laver has increased over 28 times for last 20 years($10 million to $300 million) and the separation of farming and processing was an important success factor of rapid growth of korean laver industry. However, the result of the survey shows that the farming profit is 534.1 won out of the total price for a bunch of dried laver, 3,566.3 won. So, farming profit counts for just 15 percent of total price. In contrast, the processing profit is 1,143.5 won and it is 32.1 percent of total price. This means that laver farmers are not being guaranteed their profit properly. This phenomenon is occurred due to lower status of first-hand processors(which produce dried laver) to second-hand processors(which produce seasoned laver) due to advanced payment given by second-hand processors. So, fist-hand processors should provide their product in the price which was designated by second-hand processors. Besides, despite of many business risks caused from climate change and environmental pollution, the market price of raw laver has steadily decreased. For sustainable prosperity of korean laver industry, imbalance on korean laver industry concerning profit sharing is need to be changed. In future, self-processing of dried laver in fishery household and enhancing the role of The Fisheries Cooperative Union in laver industry can be considered.

Classification of Silver Farming Types and Investigation of Proper Crop for Silver Farmers (실버농업의 유형분류 및 적합작목 탐색)

  • Kang, Kyeong-Ha;Yoon, Soon-Duck;Kang, Jin-Ku
    • Journal of Agricultural Extension & Community Development
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    • v.14 no.2
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    • pp.301-328
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    • 2007
  • The purposes of this study were to classify the silver farming types and to investigate proper crops for silver farmers. Data were collected from 408 farmers returned from the urban area. Descriptive statistics were employed using SPSS/PC windows program. After then, researchers discussed the silver farming patterns and their proper crops, and tried to analyze the silver farming model. Major results were as follows: The farming aims of retirees, urban residents as well as farmers returned from the urban area were various from hobby/ leisure to income generating activities. Fourteen types of silver farming were classified by farming aim and residential area of retirees. Retirees in the hobby/leisure-oriented silver farming type can select and enjoy the various plants, animals, and insects as well as crops due to their small scale. Silver farmers in the self-sufficiency type may select crops for their food. Income-oriented silver farmers may have difficulties in choosing the proper crop. They must consider their income needs, health status and field location. Profit-oriented silver farmers with venture mind can have some business opportunities in the agricultural sectors in spite of severe competition. As the aged silver farmers have poor health, they must keep work safety rules, use the proper work-aids, and utilize the labor-saving farming system.

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A Bayesian Stochastic Frontier Estimation of Efficiencies for Strawberry and Tomato Farming : Effect of Environmentally Friendly Farming (베이지언 확률프론티어 기법을 이용한 딸기 및 토마토 친환경재배의 효율성 분석)

  • Park, Ho-Jeong;Yang, Seung-Ryong
    • Korean Journal of Organic Agriculture
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    • v.24 no.3
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    • pp.355-368
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    • 2016
  • There are growing interests in environmental friendly cultivation for the matter of health concern. This study analyzes an economic efficiency of strawberry and tomato farming by considering the role of environmentally friendly cultivation. The Database of Rural Development Administration is used for strawberry and tomato farming households. We adopt a Bayesian stochastic frontier model to resolve a small sample property of the data. Empirical finding is that environmentally friendly cultivation improves the revenue of farming but the effect on net profit is not conclusive which calls for future research.

Estimating Economic Optimum Planted Area for Sustainable Schisandra chinensis Cultivation

  • Lee, Byoung-Hoon
    • Journal of Forest and Environmental Science
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    • v.35 no.3
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    • pp.173-180
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    • 2019
  • This study determined the economic impact of environment-friendly cultivation and the optimal cultivation area of Omija (Korean for Schisandra chinensis Baillon) for full-time farmers by analyzing the management performance of existing Omija cultivators. The study divided the target income into urban household income and Omija farm income, and estimate the optimal cultivation area by substituting the target profit from the cost-volume-profit analysis model. The optimum cultivation area was 1.4 ha for general cultivation, 1.08 ha for organic cultivation, and 1.18 ha for pesticide-free farming cultivation considering the average urban household income as the target, and 0.81 ha for general cultivation, 0.63 ha for organic cultivation, and 0.69 ha for pesticide-free farming, considering the average 2012 farm household income as the target. Therefore, the study reached conclusion that it is necessary to secure the price of Omija farm and stable support for income increase. Therefore, the support plan for income stabilization of Omija farm should be considered. Especially, the central government should provide various policies and financial support to help the optimal cultivation area of Omija Farm.

The Improvement of Certification Institution for Small Farming Cycling System (소규모 경축순환농업 육성을 위한 인증제도 개선 방안)

  • Choi, Deog-Cheon
    • Korean Journal of Organic Agriculture
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    • v.19 no.4
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    • pp.435-461
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    • 2011
  • This study was conducted field surveys and theoretical discussion whether small farmers thinks there are economics of scope in small organically grown cropslivestock farming cycling system. The discussions are summarized as follows. At the end of October 2011, the cycling agriculture farms are only a total of 15 farmers, 0.1% of total organic farms in Korea. The FMD disease, FTA, family farm structure, the importance of animal health and welfare, agricultural cycles, when considering the valuation of the multifunctionality, alternative agriculture is small farming cycling system. Organic agriculture is a 'cooperation-cycling-family farm' in the interaction it is important to understand. The two groups were surveyed. Group 1 is 6 farmers who practicing cycling farming system, and Group 2 is the 33 farmers who wish to cycling farming system. Interview survey and the survey results was obtained as follows. First, We find that there are strong economies of scope, due to a decreased costs have increased net profit. Second, the multifunctional values is realized also cycling farming system. Third, but some certification standards leads to high transaction cost. Thus, a small family farm who wishing to target organic livestock certification standards need to improve.

Evaluation of the Pilot Village Project of Environment-Friendly Agriculture for a Rice Farming (친환경농업 시범마을 조성사업의 성과분석)

  • Kang, Choong-Kwan;Jung, Man-Chul
    • Korean Journal of Organic Agriculture
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    • v.12 no.2
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    • pp.121-134
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    • 2004
  • Crop inputs in excess of the yield potential of the soil type reduce profitability and increase pollution problems from leaching and runoff. Inaccurate fertilizer and pesticide application can also result in profit loss. Current farming practices plan only for the dominate soil in the field. A government-supported program titled "Pilot village project for the environment-friendly agriculture" was proceeded from 1999 to 2001 to tackle the problems with which our agriculture is faced by introducing IPM, INM and others. The objective of this study is to consider the potential input savings of agricultural chemicals and economic feasibility of the project compared with the conventional farming. The results of the analysis indicate the followings: (1) organic or no-pesticide farming size was increased from 9% in 1999 to 20% in 2001 ; (2) crop yield was a link bit lower than that of the conventional farming, but the sal6 price, gross income and income of the pilot village were 6%, 10% and 9% higher than that of the conventional farming, respectively; and (3) fertilizer and pesticide use also showed decreasing trend gradually.

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Estimation of the optimal cultivation area for apples by region

  • Cheong-Ryong Lim;Uhn-Soon Gim;Jae-Hwan Cho
    • Korean Journal of Agricultural Science
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    • v.49 no.2
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    • pp.203-214
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    • 2022
  • A model is developed for estimating optimal cultivation areas for apples to maximize the total profit of apple farming by region, focusing on Gyeongsangbuk-do, Chungchungbuk-do, Gyeongsangnam-do, and Jeonllabuk-do in Korea. Comparing the current cultivation areas to the optimal areas according to the model estimation during the period 1999 - 2019, the former has exceeded the latter since 2015 in all regions except for Jeonllabuk-do. This result stems from a lack of the regulation of production quantity among apple producers' regional organizations. Accordingly, the decreasing rate of the market price was greater than the increasing rate of the production quantity, and the total profit of apple farming has fallen in conjunction with increasing agricultural wage rates. Therefore, in order to reverse the current decreasing trend in the profits of apple farming, it is necessary to regulate nationwide apple cultivation areas through regional producers' associations. Ex-ante forecasting for 2019 posits the following regional optimal cultivation areas for maximizing the total income from apple farming. The Gyeongbuk apple producers' association needs to reduce its current cultivation area by 1,089 ha and to maintain 18,373 ha. In the Chungbuk region, current cultivated area should be reduced by 1,027 ha to maintain 2,722 ha, and in the Gyeongnam region, the current cultivated area should be reduced by 582 ha to maintain 2,730 ha. In contrast, the Jeonbuk region needs to increase its current cultivation area by 174 ha and to maintain at a level of 2,872 ha.

A Study on the Comparative Analysis of Business Performance of Abalone Seed, Haliotis discus hannai by Region and Farming Size in the Land-based System (전복 치패 산업의 지역별·규모별 경영성과 비교분석)

  • Son, Maeng-Hyun;Park, Min-Woo;Kim, Byeong-Hak;Lee, Si-Woo
    • The Journal of Fisheries Business Administration
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    • v.46 no.1
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    • pp.1-13
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    • 2015
  • This study is aimed comparative analysis for business performance of land-based ezo abalone (Haliotis discus hannai) seed farms by standardizing cost structures by region and farming size. The result of survey on average farming incomes by region showed that farming incomes in Haenam and Jindo regions were much higher than those in other regions. Followed by Wando region, incomes in other regions were analyzed to be relatively lower. It is shown that farming incomes became higher as farm size increased. Farming incomes per unit size which were modified from farming incomes by region were highest in Jindo region, followed by East sea region, Wando and Haenam regions. Incomes in Jeju and Yeosu regions were analyzed to be relatively lower. Results on farming incomes per unit size ($m^2$) showed that both farming incomes and profits became higher as size increased. It implies that a scale effectiveness might exist in case of land-based abalone culture system. Impacts of major factors on farming profits and returns on investment in abalone seed aquaculture are summarized as follow. First, only if the survival rate increased by 10% with improvement of component ratio, variable effects became largest. In variable effects of other factors, a variation in Jindo region was largest and on the other hand, a variation in Yeosu region was shown to be smallest.

Societal Implications of Biotechnology and GMOs in Agriculture (생명공학과 GMOs의 농업에 대한 사회적 함의)

  • Lim, Hyung-Baek
    • Journal of Agricultural Extension & Community Development
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    • v.11 no.1
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    • pp.175-189
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    • 2004
  • There are many assertions related to biotechnology and genetically modified organisms(GMOs). Some experts have asserted that GM foods could be dangerous and that there is no reliable evidence that have been demonstrated safe through appropriate tests, and the others asserted these foods are as safe and nutritions as their conventional counterparts. The objectives of this study was to study an societal implications of biotechnology and GMOs in agriculture. To keep the balance in mind the researcher examined not only usefulness but also harmfulness of GMOs, along with the developmental process of biotechnology industry. It was observed that basically, multinational corporations developed GMOs to maximize their profit, and strengthened their control on agriculture and food through GMOs, as observed in alliance among big multinational corporations' food chain cluster and systems. Under the situation, farmers were losing their status as independent producer and were becoming propertied labor for multinational corporation through contract farming. If these trends continuous in the future, multinational corporations will have the control of genetic resources, these may bring about reduction of bio-diversity, thus may lead the opposite direction to eco-friendly agriculture. If multinational corporations' tendency to suppress the latent harmfulness for the profit continuous further, this may lead the degradation phase of farming and agriculture, thus leading negative socio-economic effects as well as culture and religion.

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