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Title
Economic evaluation from beef cattle production industry with intensification in Brazil's tropical pastures
Fields of Research (FoR) 2008:
Author(s)
Romanzini, Elieder Prates
Barbero, Rondineli Pavezzi
Reis, Ricardo Andrade
Malheiros, Euclides Braga
Publication Date
2020
Socio-Economic Objective (SEO) 2008
Early Online Version
Abstract
This study aimed to evaluate different scenarios (year, supplementation level) about economic results of beef cattle production during rearing and finishing phase in Brazilian's tropical pastures. Four scenarios were evaluated in combination with fourteen supplements, and it was originated from some research developed inside Forage Crops and Grasslands section from São Paulo State University among years 2011 and 2014. The economic evaluation was analyzed by operating cost, total operational costs, gross revenue, operating profit, and financial net income. Besides profitability, internal rate of return (IRR), benefit/cost ratio (B:C), and simple payback period (SPP) were calculated too. During rearing phase, the best result was observed for scenario 2 (2012), supplement 3.2 (mineral mix) with values of 11 cycles, 26.3%, 9.30%, and 0.39 for SPP, profitability, IRR, and B:C ratio, respectively. Already to finishing phase, the best scenario was 3 (2013), supplement 10 (multiple supplement with supplementation level equal 1.0% body weight), which obtained 4 cycles, 68.7%, 27.00%, and 2.34 for the same variables above mentioned. Results were consistent being that higher IRR and profitability occurred when using low supplementation level. Hence, the economic responses from different scenarios (years and supplements) can alter the final livestock farm financial statement.
Publication Type
Journal Article
Source of Publication
Tropical Animal Health and Production, v.52, p. 2659-2666
Publisher
Springer Netherlands
Socio-Economic Objective (SEO) 2020
2020-05-29
Place of Publication
Netherlands
ISSN
1573-7438
0049-4747
Fields of Research (FoR) 2020
Socio-Economic Objective (SEO) 2020
Peer Reviewed
Yes
HERDC Category Description
Peer Reviewed
Yes
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