IDEAS home Printed from https://ideas.repec.org/a/eip/journl/y2018i3p102-117.html
   My bibliography  Save this article

The niche crops as a new prospective guideline for small farms

Author

Listed:
  • L. Udova
  • K. Prokopenko

Abstract

The article deals with the importance and economic potential of the niche crops, which are able to significantly diversify the existing grain-oil specialization of Ukrainian agriculture, reduce the domination of sunflower and rape in the crop rotation, whose excessive cultivation greatly depletes the upper layers of soil. The authors reveal various aspects of growing the niche crops including the advantages (high profitability, diversification of crop rotation, and production diversification) and disadvantages (high costs of sowing material and growing technologies, instability of demand for most niche crops, difficulty in finding the inlets for the niche produce, and uncertain profit expectations), and propose measures for their balancing. An important feature of the niche crops is the complexity of scaling their production and high resource consumption of their cultivation. The production of niche products can not become a prerogative of large business entities, since they use large areas of land under limited conditions, which is determined by natural and weather conditions, wide gauge machinery, automated control systems and logistics control. In contrast, small business entities can apply the agronomic measures that are necessary to grow niche crops, and therefore the production of the latter serves for them an important alternative in their operation. The high economic potential of niche crops is due to their high prices implementation and a significant, though unstable, demand on the agro-food market. Growing niche legumes is one of the most promising areas for the development of small agri-business. By observing their production technologies, you can get increased profits from 1 hectare of harvested area, even compared to some very liquid cereals and oil seeds. It has been established that small farms do not have the opportunity to enter foreign markets with traditional crops, but they can improve their profitability due to high quality and niche orientation of their manufactured produce, since such produce enjoys a constantly growing demand on the global market.

Suggested Citation

  • L. Udova & K. Prokopenko, 2018. "The niche crops as a new prospective guideline for small farms," Economy and Forecasting, Valeriy Heyets, issue 3, pages 102-117.
  • Handle: RePEc:eip:journl:y:2018:i:3:p:102-117
    as

    Download full text from publisher

    File URL: http://eip.org.ua/docs/EP_18_3_102_uk.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. P. Skrypchuk & V. Pichura & V. Rybak, 2017. "Aspects of production of niche products on the basis of the economy of nature use," Balanced Nature Using, Institute of agroecology and environmental management, vol. 10(3), pages 18-27, September.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cherevko, Heorhiy & Cherevko, Iryna, 2020. "Efficiency of Niche Agriculture in Ukraine," Problems of World Agriculture / Problemy Rolnictwa Światowego, Warsaw University of Life Sciences, vol. 20(35, Part ), December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eip:journl:y:2018:i:3:p:102-117. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Iryna Bazhal (email available below). General contact details of provider: http://eip.org.ua/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.