Open AccessProceeding Paper
Assessing Farm Profitability and Resilience Through Scenario Analysis: Evidence from a Farmer Group in Western Macedonia
by
Angelos Prentzas, Christina Moulogianni, Anna Tafidou, Evgenia Lialia, Asimina Kouriati, Eleni Dimitriadou and Thomas Bournaris
Proceedings 2026, 134(1), 17; https://doi.org/10.3390/proceedings2026134017 (registering DOI) - 30 Dec 2025
Abstract
Farmers face financial challenges due to changing input costs and market prices, making risk assessment an important tool for decision-making. This study uses scenario analysis to examine how different economic conditions affect farm profitability. Economic data were collected from producers in Agia Paraskevi,
[...] Read more.
Farmers face financial challenges due to changing input costs and market prices, making risk assessment an important tool for decision-making. This study uses scenario analysis to examine how different economic conditions affect farm profitability. Economic data were collected from producers in Agia Paraskevi, Kozani and three scenarios were created to show how changes in costs and revenue impact profits. The results show that farm profits change significantly depending on market conditions. In the pessimistic scenario, net profit dropped by 35.36%, while in the optimistic scenario, it increased by 32.64%. These findings highlight the need for careful cost management, financial planning, and flexible decision-making to keep farms profitable. Although farms remained profitable in all cases, unexpected price changes and higher costs create challenges. This study shows that scenario analysis can help both farmers and policymakers make better decisions and manage financial risks in agriculture.
Full article
►▼
Show Figures