After 1989, Slovak agricultural sector was transformed from centrally planned economy to the market economy. Before 1989 farms in Slovakia were large cooperatives and state farms with large acreage, without existence of private companies. Agriculture in Slovakia has also currently different...

The paper focuses on profitability and risk of crop and livestock production based on an analysis of farms operating in the Slovak Republic. Risk in agriculture has been a matter of worldwide concern since 1933, when the concept of risk analysis was introduced. Agriculture is a sector facing...