INFLATION AND PRODUCTION COSTS OF SELECTED AGRICULTURAL PRODUCTS IN POLAND IN 2022

The aim of the paper is to present measures taken in recent years by state public authorities that affect inflation in Poland. An assessment was made of the growth in prices for purchased agricultural inputs, which was correlated with cost structures, and on this basis an increase in the production...

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Main Author: Marian Podstawka
Format: Article
Language:English
Published: Wydawnictwo SGGW - Warsaw University of Life Sciences Press 2022-06-01
Series:Polityki Europejskie, Finanse i Marketing
Subjects:
Online Access:https://pefim.sggw.edu.pl/article/view/3174
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author Marian Podstawka
author_facet Marian Podstawka
author_sort Marian Podstawka
collection DOAJ
description The aim of the paper is to present measures taken in recent years by state public authorities that affect inflation in Poland. An assessment was made of the growth in prices for purchased agricultural inputs, which was correlated with cost structures, and on this basis an increase in the production costs of basic agricultural products in 2022 was estimated. This projected increase in production costs was then related to estimated income. This made it possible to determine their growth, which would allow the current level of agricultural income to be maintained. The government rescue measures triggered by COVID-19 had three main sources of funding: expenditure of the state budget and the budget of European funds - PLN 23.2 billion, COVID-19 Counteracting Fund - PLN 92.7 billion, and financial shields of the Polish Development Fund - PLN 63.5 billion, While the government's intervention activities, under the conditions of the crisis, should be assessed positively, their methods of implementation should be assessed critically. Financial support under the shields was given to companies that showed a decline in turnover caused by the coronavirus pandemic. As a result, those companies that may have deliberately created the conditions to receive support were supported. In all analyzed types of agricultural crop production activities in 2022, there will be an increase in the cost of their production by about 50-60%. The exception will be the production of rye, where the cost increase will be even higher.
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spelling doaj-art-5a21532dec8041fb8f3679b65c464b902025-02-03T07:14:23ZengWydawnictwo SGGW - Warsaw University of Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402022-06-0127(76)INFLATION AND PRODUCTION COSTS OF SELECTED AGRICULTURAL PRODUCTS IN POLAND IN 2022Marian Podstawka0Warsaw University of Life SciencesThe aim of the paper is to present measures taken in recent years by state public authorities that affect inflation in Poland. An assessment was made of the growth in prices for purchased agricultural inputs, which was correlated with cost structures, and on this basis an increase in the production costs of basic agricultural products in 2022 was estimated. This projected increase in production costs was then related to estimated income. This made it possible to determine their growth, which would allow the current level of agricultural income to be maintained. The government rescue measures triggered by COVID-19 had three main sources of funding: expenditure of the state budget and the budget of European funds - PLN 23.2 billion, COVID-19 Counteracting Fund - PLN 92.7 billion, and financial shields of the Polish Development Fund - PLN 63.5 billion, While the government's intervention activities, under the conditions of the crisis, should be assessed positively, their methods of implementation should be assessed critically. Financial support under the shields was given to companies that showed a decline in turnover caused by the coronavirus pandemic. As a result, those companies that may have deliberately created the conditions to receive support were supported. In all analyzed types of agricultural crop production activities in 2022, there will be an increase in the cost of their production by about 50-60%. The exception will be the production of rye, where the cost increase will be even higher.https://pefim.sggw.edu.pl/article/view/3174agricultural productioninflationpriceforecast
spellingShingle Marian Podstawka
INFLATION AND PRODUCTION COSTS OF SELECTED AGRICULTURAL PRODUCTS IN POLAND IN 2022
Polityki Europejskie, Finanse i Marketing
agricultural production
inflation
price
forecast
title INFLATION AND PRODUCTION COSTS OF SELECTED AGRICULTURAL PRODUCTS IN POLAND IN 2022
title_full INFLATION AND PRODUCTION COSTS OF SELECTED AGRICULTURAL PRODUCTS IN POLAND IN 2022
title_fullStr INFLATION AND PRODUCTION COSTS OF SELECTED AGRICULTURAL PRODUCTS IN POLAND IN 2022
title_full_unstemmed INFLATION AND PRODUCTION COSTS OF SELECTED AGRICULTURAL PRODUCTS IN POLAND IN 2022
title_short INFLATION AND PRODUCTION COSTS OF SELECTED AGRICULTURAL PRODUCTS IN POLAND IN 2022
title_sort inflation and production costs of selected agricultural products in poland in 2022
topic agricultural production
inflation
price
forecast
url https://pefim.sggw.edu.pl/article/view/3174
work_keys_str_mv AT marianpodstawka inflationandproductioncostsofselectedagriculturalproductsinpolandin2022