LAUSR

Agriculture in the Czech Republic is one of major sectors of the economy, as it provides a substantial share of the basic food requirements of the population. An important part of agricultural companies’ production consists of livestock, especially because of the effective use of crop production as a source of all kinds of animal feed. It is also proven that livestock production plays a significant role in the creation and cultivation of the landscape. Czech agriculture has shown a profit since joining the EU thanks to a significant increase in subsidies. The aim of this paper is to show the impacts of the globalization of the economy and climate change on the economic performance of agricultural companies in the Czech Republic. Serious consequences of global climate change are already evident, and their intensity will grow with the ongoing warming of the planet.