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One of the most difficult issues of farm management is giving the answer to the question what to produce, i.e. making a decision about the sowing structure. Economic factors and principles play an important role in farmers' decisions about what to grow and on which areas. The purchase price of each crop, including soybeans, is an important but not the only factor of competitiveness. The authors of this paper started from the assumption that the level and trend of soybean purchase prices, among others, affect producers' decision on the growing area for this crop. Therefore, in order to scientifically confirm the initial assumption, an attempt has been made to examine (using appropriate statistical methods) the effect of average soybean purchase prices on the spread of this crop in Serbia.

10.5937/ratpov50-4827 = Interdependence between the harvested areas and purchase prices of soybean