Our primary focus is to analyse the dynamics and structure of physical capital in agricultural enterprises of Lviv region (Ukraine). Conceptual, logical, normative and simplex methods have been used with a view to carrying out the research. The results of the study can be taken into consideration by agricultural enterprises while planning physical capital requirements and forming the optimal structure of physical capital. Also, the results can be used while elaborating and implementing state activities, relative to increasing the economic effectiveness of physical capital usage in agricultural enterprises. The effective use of physical capital is possible under condition of forecasting of the market situation and dissemination of this information among all producers of agricultural products.