ECONOMIC JUSTIFICATION OF SOYBEAN PROCESSING

DOI 10.32651/207-53

Issue № 7, 2020, article № 10, pages 53-57

Section: Agrofood market

Language: Russian

Original language title: ЭКОНОМИЧЕСКОЕ ОБОСНОВАНИЕ ПЕРЕРАБОТКИ СОИ

Keywords: SOYBEAN PROCESSING, COMPETITIVENESS, DIVERSIFICATION, SOY MILK, ECONOMIC EFFICIENCY

Abstract: In recent years, there has been an increase in domestic agricultural production due to active state support through special programs for the agricultural sector. However, far from all representatives of agribusiness have decent financial results that allow them to remain competitive and effectively develop. The limited financial capabilities of small and medium-sized enterprises do not allow attracting the necessary volumes of external financing or timely fulfilment of loan obligations. The main way to increase financial well-being and sustainable economic development of agricultural production is the development of new areas of activity, when enterprises produce not only raw materials, but also a ready-to-eat product. It is important that the product has serious competitive advantages over similar products on the market, can replace imported products and be highly profitable. Raw agricultural production provides a profitability of no more than 8-10‰, while integration processes can increase it by 10-15 points. The article considers the proposal for Soybean Complex Company LLC to organize a workshop for processing soybeans into dried soy milk, the market demand for which has growth trends. This product is used in food processing industry, confectionery production, consumed by the population in its purest form. With a one-time investment of 3.8 million roubles, the farm will be able to receive about 2.8 million roubles net profit in the first year, which confirms the economic efficiency and feasibility of measures.

Authors: Sergeeva Natalia Viktorovna