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| Czech agriculture saw major rise in profits in 2022 |
| Prag, 23.03.2023 |
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| Agriculture businesses in Czechia registered a 142 percent increase in profits last year, from CZK 9.1 billion in 2021 to CZK 22 billion in 2022, the Agricultural Association of the Czech Republic announced on Wednesday. The profits were largely down to the rise commodity purchasing prices and the fact that farmers were using fertilizers that were purchased before the energy crisis.
Next year, the association expects profits to fall significantly, due to an inevitable rise in costs.
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