Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations

Detalhes bibliográficos
Autor(a) principal: Pereira, Kárito Augusto
Data de Publicação: 2019
Outros Autores: Leonel, Fernando de Paula, Reis, Janderson Damaceno dos, Vilela, Severino Delmar Junqueira
Tipo de documento: Artigo
Idioma: eng
Título da fonte: LOCUS Repositório Institucional da UFV
Texto Completo: https://locus.ufv.br//handle/123456789/30858
https://doi.org/10.1590/rbz4820180186
Resumo: The objective of this study was to analyze the economic result of feedlot operation for three genetic groups of cattle (Nellore, Nellore crossing with other Zebuine breeds, and Dairy crossbred) as a function of the overprice on the purchase price of cattle to be feedlot-finished. The study involved data of 57,589 animals divided into 709 lots originating from operation cycles from March to December 2016. Lots were considered replicates, and gross margin per animal was considered the economic result. Data pertaining to each lot, overprice, and gross margin were analyzed by regression, with mathematical models developed for each genetic group. After significance tests were applied, simple linear models were adopted for all studied groups. To check the equality or lack thereof of the three regression models generated, we used a modelidentity test, which revealed that the model for Nellore animals was different from that used for Dairy crossbreds. The model generated for Nellore crossing with other Zebuine breeds did not differ from the models for Nellore or Dairy crossbreds, i.e., Nellore crossing with other Zebuine breeds may be grouped as a single model together with the Nellore group or with the Dairy-crossbred group. The estimates generated from the three individualized models suggest that the purchase of the feeder (unfinished) cattle for the Dairy crossbred, Nellore crossing with other Zebuine breeds, and Nellore groups, with an overprice starting at 1.19, 1.21, and 1.27, respectively, will result in negative gross margins. Thus, the overprice at purchase may compromise the economic result of feedlot operation, and more-efficient animals may allow for a greater overprice on the purchase in the operation, with a positive gross margin
id UFV_c50dc607fa6eb5bb37940637f2eecc64
oai_identifier_str oai:locus.ufv.br:123456789/30858
network_acronym_str UFV
network_name_str LOCUS Repositório Institucional da UFV
repository_id_str 2145
spelling Pereira, Kárito AugustoLeonel, Fernando de PaulaReis, Janderson Damaceno dosVilela, Severino Delmar Junqueira2023-05-11T16:32:52Z2023-05-11T16:32:52Z2019-08-22Pereira, K. A.; Leonel, F. P.; Reis, J. D. and Villela, S. D. J. 2019. Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations. Revista Brasileira de Zootecnia 48:e201801861806-9290https://locus.ufv.br//handle/123456789/30858https://doi.org/10.1590/rbz4820180186The objective of this study was to analyze the economic result of feedlot operation for three genetic groups of cattle (Nellore, Nellore crossing with other Zebuine breeds, and Dairy crossbred) as a function of the overprice on the purchase price of cattle to be feedlot-finished. The study involved data of 57,589 animals divided into 709 lots originating from operation cycles from March to December 2016. Lots were considered replicates, and gross margin per animal was considered the economic result. Data pertaining to each lot, overprice, and gross margin were analyzed by regression, with mathematical models developed for each genetic group. After significance tests were applied, simple linear models were adopted for all studied groups. To check the equality or lack thereof of the three regression models generated, we used a modelidentity test, which revealed that the model for Nellore animals was different from that used for Dairy crossbreds. The model generated for Nellore crossing with other Zebuine breeds did not differ from the models for Nellore or Dairy crossbreds, i.e., Nellore crossing with other Zebuine breeds may be grouped as a single model together with the Nellore group or with the Dairy-crossbred group. The estimates generated from the three individualized models suggest that the purchase of the feeder (unfinished) cattle for the Dairy crossbred, Nellore crossing with other Zebuine breeds, and Nellore groups, with an overprice starting at 1.19, 1.21, and 1.27, respectively, will result in negative gross margins. Thus, the overprice at purchase may compromise the economic result of feedlot operation, and more-efficient animals may allow for a greater overprice on the purchase in the operation, with a positive gross marginengBrazilian Journal of Animal ScienceR. Bras. Zootec., 48:e20180186, 2019Creative Commons Attribution Licenseinfo:eu-repo/semantics/openAccessdairy crossbredgross marginNelloreNellore crossbredOverprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operationsinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:LOCUS Repositório Institucional da UFVinstname:Universidade Federal de Viçosa (UFV)instacron:UFVLICENSElicense.txtlicense.txttext/plain; charset=utf-81748https://locus.ufv.br//bitstream/123456789/30858/2/license.txt8a4605be74aa9ea9d79846c1fba20a33MD52ORIGINAL1806-9290-rbz-48-e20180186.pdf1806-9290-rbz-48-e20180186.pdfartigoapplication/pdf384323https://locus.ufv.br//bitstream/123456789/30858/1/1806-9290-rbz-48-e20180186.pdf42451b74e9d2651f16ad5f9fba9116e5MD51123456789/308582023-05-11 13:32:52.748oai:locus.ufv.br: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Repositório InstitucionalPUBhttps://www.locus.ufv.br/oai/requestfabiojreis@ufv.bropendoar:21452023-05-11T16:32:52LOCUS Repositório Institucional da UFV - Universidade Federal de Viçosa (UFV)false
dc.title.en.fl_str_mv Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations
title Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations
spellingShingle Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations
Pereira, Kárito Augusto
dairy crossbred
gross margin
Nellore
Nellore crossbred
title_short Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations
title_full Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations
title_fullStr Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations
title_full_unstemmed Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations
title_sort Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations
author Pereira, Kárito Augusto
author_facet Pereira, Kárito Augusto
Leonel, Fernando de Paula
Reis, Janderson Damaceno dos
Vilela, Severino Delmar Junqueira
author_role author
author2 Leonel, Fernando de Paula
Reis, Janderson Damaceno dos
Vilela, Severino Delmar Junqueira
author2_role author
author
author
dc.contributor.author.fl_str_mv Pereira, Kárito Augusto
Leonel, Fernando de Paula
Reis, Janderson Damaceno dos
Vilela, Severino Delmar Junqueira
dc.subject.eng.fl_str_mv dairy crossbred
gross margin
Nellore
Nellore crossbred
topic dairy crossbred
gross margin
Nellore
Nellore crossbred
description The objective of this study was to analyze the economic result of feedlot operation for three genetic groups of cattle (Nellore, Nellore crossing with other Zebuine breeds, and Dairy crossbred) as a function of the overprice on the purchase price of cattle to be feedlot-finished. The study involved data of 57,589 animals divided into 709 lots originating from operation cycles from March to December 2016. Lots were considered replicates, and gross margin per animal was considered the economic result. Data pertaining to each lot, overprice, and gross margin were analyzed by regression, with mathematical models developed for each genetic group. After significance tests were applied, simple linear models were adopted for all studied groups. To check the equality or lack thereof of the three regression models generated, we used a modelidentity test, which revealed that the model for Nellore animals was different from that used for Dairy crossbreds. The model generated for Nellore crossing with other Zebuine breeds did not differ from the models for Nellore or Dairy crossbreds, i.e., Nellore crossing with other Zebuine breeds may be grouped as a single model together with the Nellore group or with the Dairy-crossbred group. The estimates generated from the three individualized models suggest that the purchase of the feeder (unfinished) cattle for the Dairy crossbred, Nellore crossing with other Zebuine breeds, and Nellore groups, with an overprice starting at 1.19, 1.21, and 1.27, respectively, will result in negative gross margins. Thus, the overprice at purchase may compromise the economic result of feedlot operation, and more-efficient animals may allow for a greater overprice on the purchase in the operation, with a positive gross margin
publishDate 2019
dc.date.issued.fl_str_mv 2019-08-22
dc.date.accessioned.fl_str_mv 2023-05-11T16:32:52Z
dc.date.available.fl_str_mv 2023-05-11T16:32:52Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.citation.fl_str_mv Pereira, K. A.; Leonel, F. P.; Reis, J. D. and Villela, S. D. J. 2019. Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations. Revista Brasileira de Zootecnia 48:e20180186
dc.identifier.uri.fl_str_mv https://locus.ufv.br//handle/123456789/30858
dc.identifier.issn.none.fl_str_mv 1806-9290
dc.identifier.doi.pt-BR.fl_str_mv https://doi.org/10.1590/rbz4820180186
identifier_str_mv Pereira, K. A.; Leonel, F. P.; Reis, J. D. and Villela, S. D. J. 2019. Overprice on purchase of replacement cattle and genetic group as variables of economic result in feedlot operations. Revista Brasileira de Zootecnia 48:e20180186
1806-9290
url https://locus.ufv.br//handle/123456789/30858
https://doi.org/10.1590/rbz4820180186
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartofseries.pt-BR.fl_str_mv R. Bras. Zootec., 48:e20180186, 2019
dc.rights.driver.fl_str_mv Creative Commons Attribution License
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Creative Commons Attribution License
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Brazilian Journal of Animal Science
publisher.none.fl_str_mv Brazilian Journal of Animal Science
dc.source.none.fl_str_mv reponame:LOCUS Repositório Institucional da UFV
instname:Universidade Federal de Viçosa (UFV)
instacron:UFV
instname_str Universidade Federal de Viçosa (UFV)
instacron_str UFV
institution UFV
reponame_str LOCUS Repositório Institucional da UFV
collection LOCUS Repositório Institucional da UFV
bitstream.url.fl_str_mv https://locus.ufv.br//bitstream/123456789/30858/2/license.txt
https://locus.ufv.br//bitstream/123456789/30858/1/1806-9290-rbz-48-e20180186.pdf
bitstream.checksum.fl_str_mv 8a4605be74aa9ea9d79846c1fba20a33
42451b74e9d2651f16ad5f9fba9116e5
bitstream.checksumAlgorithm.fl_str_mv MD5
MD5
repository.name.fl_str_mv LOCUS Repositório Institucional da UFV - Universidade Federal de Viçosa (UFV)
repository.mail.fl_str_mv fabiojreis@ufv.br
_version_ 1794528245318680576