Insurance in cooperation with the Agrarian Fund and the State Food and Grain Corporation of Ukraine

Authors

  • Олена Василівна Кравчук National Science Center "Institute of Agricultural Economics", str. Defense G., 10, Kyiv, Ukraine, 03127, Ukraine https://orcid.org/0000-0003-0958-9950

DOI:

https://doi.org/10.15587/2312-8372.2015.38665

Keywords:

insurance, agricultural products, the Agrarian Fund, State Food and Grain Corporation, spot transactions, forward rate agreements

Abstract

The article analyzes the insurance of agricultural products in cooperation with the Agrarian Fund and the State Food and Grain Corporation of Ukraine. Domestic agricultural enterprises have advanced the production of cereals and occupy leading positions in global markets, but despite good results, producers do not always work in favorable conditions and have several problems. First of all, we know that the results of economic activity of the agricultural sector most dependent on weather conditions. Also, a major problem is the availability of working capital in certain periods, because feature of agricultural production is seasonal and there are very important dates. Find the necessary working capital in the set time is extremely important for the activity of farmers, so cooperation with the Agrarian Fund and the State Food and Grain Corporation of Ukraine is a priority, especially in the absence of reliable and stable system of credit. The mechanism of interaction between farms with these government agencies and outlines the role of insurance in it. The terms of insurance contracts and revealed their impact on farmers.

Author Biography

Олена Василівна Кравчук, National Science Center "Institute of Agricultural Economics", str. Defense G., 10, Kyiv, Ukraine, 03127

Junior Researcher

Department of fiscal policy

References

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Published

2015-01-29

How to Cite

Кравчук, О. В. (2015). Insurance in cooperation with the Agrarian Fund and the State Food and Grain Corporation of Ukraine. Technology Audit and Production Reserves, 1(7(21), 37–42. https://doi.org/10.15587/2312-8372.2015.38665

Issue

Vol. 1 No. 7(21) (2015): Economic security of business entities. State economic security

Section

Money, finance and credit

License

Copyright (c) 2016 Олена Василівна Кравчук

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