Measuring and analysis investment indicators and risks in an agricultural facility with diversified crops (a case study in Diyala Governorate - Iraq) for the 2023 production season
الملخص
In this research, an economic study it conducted for an agricultural facility that follows a diversified agricultural pattern in Diyala Province - Iraq. With the aim of measuring investment indicators and risks for a diversified agricultural pattern. The area of the agricultural facility was (17) dunums, of which (10) dunums were a wheat farm, and (4) a dunum was a grape farm, while the area of the calf fattening project was (3) dunums. Several personal interviews it conducted with the facility manager to obtain the necessary data about the facility’s projects, and then that data it classified. The research adopted a quantitative analysis approach through the tabular method and some economic indicators. The average investment costs for the facility amounted to (17546) thousand dinars, of which the investment cost for the wheat farm amounted to (6640) thousand dinars, and for the grape farm (5996) thousand dinars, while the investment cost for the calf fattening project amounted to (4910) thousand dinars. The average total production costs for the facility reached (17993) thousand dinars, including the production cost of the wheat farm (4830) thousand dinars, and the grape farm (2276) thousand dinars, while the average production cost of the calves project reached (10887) thousand dinars. The analysis of investment indicators showed that the recovery period for the capital invested in the facility’s farms amounted to (0.791) years, and the net cash flows amounted to (21402) thousand dinars for all of the facility’s farms. In addition, investment risk analysis indicators showed that the break-even price for the wheat crop reached (264,615) thousand dinars/ton, and for grapes reached (68,437) thousand dinars/ton, while the break-even price for calves reached (14,428) thousand dinars/K.g. While the break-even amount reached (0.660) tons/dunum in the wheat farm, and (1.115) tons/dunum for the grape farm, while in the calf fattening farm, the break-even amount reached (129.607) K.g per calf. It recommended that a diversified agricultural pattern should followed to achieve efficiency in allocating available resources and sustainability of the soil, as well as the need for price support for production requirements, especially seeds and fertilizers. Also recommended that scientific research recommendations should communicated to farmers to benefit from them in applying the diversified farming pattern.
