The Break-Even Estimative Analysis for the Medicinal Plants Cultivated in Romania in the Conventional and Organic Agriculture Systems

Abstract:

Knowing the current position of the medicinal plants market in Romania and the possibilities for increasing this sector’s competitiveness can provide scientific basis to adopt the best policies and strategies to support the cultivation of medicinal plants. This paper presents a scientific approach to the necessary methods and techniques for the economic efficiency analysis of the medicinal plants cultivation in Romania for conventional farming and organic farming. To this purpose, is used a computing informational system in order to realize some simulations regarding the break-even analysis at the culture level as a tool for planning the agricultural production. By knowing the information on estimating and assessing the production’s estimated costs and capitalization prices, farmers can adapt their existing resources and capabilities at the farm level to achieve high and effective yields of medicinal plants. 

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