Czech Statistics Office: Czech agriculture shows record profit for 2016

03-03-2017

Czech farmers made a record profit in 2016, according to preliminary figures released by the Czech Statistics Office on Friday. Agricultural earnings increased by nearly 26 percent on the previous year, to 20.22 billion crowns, which represents the second best result since 2000. The value of agricultural production increased by 1.8 percent year-on-year to 129.3 billion crowns. Revenues from cultivation of crops reached 77.3 billion and livestock production dropped slightly to total 51.6 billion.