ANALYSIS OF ECONOMIC PERFORMANCE AND OPPORTUNITIES FOR THE DEVELOPMENT OF ORGANIC FARMING: CASE STUDY OF THE CZECH REPUBLIC

This article deals with organic farming in the Czech Republic and discusses ecological agriculture of the country in both perspectives, consumer and a production point of view. This article presents the results of a primary data collected after questionnaire survey. This survey revealed the popularity of organic products among consumers. Furthermore, the popularity of individual products, a higher willingness to pay, and other aspects like the application of organic products on the market was determined. For evaluation of the selected dependency, the chi-square (chi(2)) test of goodness of fit was used. To assess the economic point of view (production view), data from the FADN (Farm Accountancy Data Network) database were used. The conventional and organic systems are compared in the article. A comparison of the costs and benefits of selected products in both farming systems is also provided.