Economic Insights – Trends and Challenges Vol.VI(LXIX) No. 1/2017 5 - 15 Economic Validity of Organic Raspberry Production as a Challenge for Producers in Bosnia and Herzegovina 1 Radomir Bodiroga * , Zorica Sredojević ** * University of East Sarajevo-Faculty of Agriculture, Vuka Karadzica 30, East Sarajevo, Bosnia and Herzegovina e-mail: radomir.bodiroga@gmail.com ** University of Belgrade-Faculty of Agriculture, Institute of Agroeconomy, Nemanjina 6, 11080 Belgrade-Zemun, Serbia e-mail: zokas@agrif.bg.ac.rs Abstract In this paper the focus of the research is the specificities of organic production and the possibilities of organic raspberry cultivation on family farms of Bosnia and Herzegovina. On the basis of the data collected from the raspberry growers survey, as well as the technical-technological standards for the appropriate breeding technologies, the initial economic parameters for economic analysis were determined. Calculations of average revenues and expenditures for representative years of raspberry production, and those based on them were prepared; the cash flows and compiled profit and loss accounts for the period of the next five years of operation were projected. By applying the static methods, the indicators of economic validity for raspberry production are calculated. With that, the following are determined: average net profit, accumulation rate, time period of return of the invested capital in raspberry production, etc. Finally, a comparison of economic indicators with different ways of raspberry cultivation was made. On the basis of the results obtained, the conclusion was that the production of raspberries is profitable in both ways, but more favourable economic results are achieved in organic than in conventional production. Despite numerous shortcomings and risks, the results of the research indicate that in Bosnia and Herzegovina there are significant natural potentials and opportunities for the improvement of organic production. Keywords: organic production; raspberries; economic indicators; comparisons. JEL Classification: Q10; Q12; Q16. 1 The paper is part of the research projects number: 179028 - The rural labor markets and rural economies Serbia - diversification of income and poverty reduction; and 46009 - Improvement and development of hygienic and technological procedures in the production of foodstuffs of animal origin in order to obtain high-quality and safe products competitive on the world market, funded by the Ministry of Education, Science and Technological Development of Republic of Serbia, in the period 2011-2017