Profit of Czech agriculture more than doubles...

Profit of Czech agriculture more than doubles in 2011

Profit of Czech agriculture more than doubled from Kc7.6 bill. in 2010 to Kc17.1 bill. in 2011, according to revised data of the Czech Statistical Office (CZSO).

The revised profit being around Kc700 mill. higher than the preliminary result made public at end-February. The result released in February was record-high already.

Czech agriculture has generated profits since 2004 when the Czech Republic entered the European Union, mainly thanks to European subsidies. The segment posted the highest profit of Kc10.1 bill. in 2008.

The value of production in agriculture expressed in current basic prices increased by almost 16% compared with 2010 to Kc118.9 bill.

Animal and meat production dropped

Animal production dropped by 6.2%, while plant production grew by more than 23%.
The substantial growth in plant production was a result of a higher crop and a growth in purchasing prices. The growth in the share of plant production on total production, which was registered in the several previous years already, continued last year, exceeding 59% of total production. In 2010 its share was 55.5%.

In contrast, the share of animal production on total production fell from 39.9% to 36.5%.
Grain made up the biggest share of almost 47% of plant production, followed by technical plants with a 25% share. The most important component of animal production was milk production with a 49% share and slaughter pig breeding with a 20% share.

Farmers in the Czech Republic harvested 8.285 mill. t of grain last year, a year-on-year growth of 20.5%.

The meat production dropped by 6.2% to 505,397 t in slaughter weight. The biggest drop was recorded for poultry production. Milk purchases increased by 2.3% year-on-year to 2.304 bill. litres. The decreasing animal production has been one of the main problems of the Czech agriculture in recent years.

Pig numbers in the Czech Republic have dropped by one-tenth since 2011 to 1.58 mill. animals, which is the lowest number since 1921.

Poultry numbers, above all hen numbers, also decreased. Poultry numbers were last lower at the end of the 1960s. The number of hens is the lowest ever now.

In contrast, cattle, sheep, goat and horse numbers have increased since last year.
Source: Czech Statistical Office


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