Possibilities to reduce the impact of external factors variation on the economic performances of agricultural producers

Abstract

Agriculture is a complex and unpredictable activity and the multiple challenges in this sector, of which climate change has a significant impact on production, are responsible for increasing the economic vulnerability of farms. This paper tries to offer some solutions on the basis of which the economic performance of agricultural producers could be less exposed to the impact of the variation of external factors. The results show that it might be possible by reorganizing the range of goods and services and substituting some production factors. The development of managerial skills and the use of relevant market information can contribute to the amplification of agricultural economic performances.