THE STUDY OF CHANGES IN INCOME AND PROFITABILITY OF AGRICULTURAL ORGANIZATIONS IN THE CONTEXT OF MACROECONOMIC INSTABILITY IN 2022-2023 (BASED ON THE MATERIALS OF THE KRASNOYARSK TERRITORY)

Abstract

The problem of the study is the deterioration of the macroeconomic conditions of agribusiness, which leads to a decrease in economic results in agricultural sectors. The purpose of this study is to analyze changes in income in agriculture using the example of a particular region to clarify the prerequisites for the emergence of an intra–industry crisis of results. A sample of 177 agricultural organizations of the Krasnoyarsk Territory was formed to conduct the study. These changes in income indicators were evaluated: revenue, gross profit, profit from sales and return on sales. Research methods: analysis by relative growth rates, descriptive statistics and interval grouping. According to the results of the study, 53% of organizations in the region reduced their incomes in 2023 relative to 2022, negative margins of agricultural products were observed in 37.8% of the surveyed organizations, 43% of organizations received a loss from sales, and an operating loss was recorded in 25.4% of organizations. Among profitable organizations, a decrease in profit from sales was recorded in 73 out of 110 organizations, of which 45 organizations lost more than 50% of profits, 26 organizations from 10 to 50% of profits. Gross profit growth was observed in 18.6% of organizations, sales profit in 13.5% of the surveyed organizations, and operating profit in 24.3% of the surveyed organizations. The share of unprofitable agricultural organizations increased by 5.06 points in 2022 and 8.1 points in 2023 from values of 14.3% in 2021. A fifth of organizations are in the loss-making zone, another 17% of organizations are in a pre-crisis state and in more than 50% of organizations, the risks of transition to the crisis phase of economic results (decrease in revenue, income, profitability) are increasing. In the sectoral context, 46.2% of organizations received a loss from the sale of crop production, 48.8% of organizations with mixed agriculture and 56% of organizations with primary and deep processing of agricultural raw materials are in the loss zone. Fish farming and poultry farming have demonstrated some resistance to negative factors, with an increase in revenue and profits. However, even in these industries, there are exceptions confirming the general trend towards a decrease in profitability in agriculture in the region.