Akademik Veri Yönetim Sistemi
5 TH INTERNATIONAL CONFERENCE ON FOOD, AGRICULTURE AND ANIMAL SCIENCES, Antalya, Türkiye, 23 - 26 Kasım 2023, ss.414
Capital is one of the most critical factors in agricultural production, representing the entirety
of funds and assets required for the establishment and continuous operation of enterprises. Insufficiency of
capital in enterprises can adversely affect their success. Therefore, each necessary form of capital should
be present in specific proportions. Additionally, while enterprises may vary based on type and production
methods, it is generally desirable for efficiently operating enterprises to have half of their active capital as
farm capital, and the other half as operational capital. Hence, it is imperative to analyze the capital structure
of agricultural enterprises. In this study, the capital structure of enterprises producing forage crops in
Erzurum province was examined, and the impact of agricultural subsidies on this evolution and
development was attempted to be determined. Data from 306 enterprises engaged in forage crop production
in Erzurum province were evaluated. Enterprises receiving and not receiving agricultural subsidies were
compared in terms of their capital structures. It was determined that enterprises receiving agricultural
subsidies were closer to achieving the desired capital distribution. Furthermore, it was observed that
supported enterprises had higher levels of equity, and the subsidies augmented the working capital.
Keywords: Agriculture supports, Forage crop cultivation, Capita