Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated
Autor(a) principal: | |
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Data de Publicação: | 2014 |
Outros Autores: | , , , , , , , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Semina. Ciências Agrárias (Online) |
Texto Completo: | https://ojs.uel.br/revistas/uel/index.php/semagrarias/article/view/12545 |
Resumo: | The objective of this study was to evaluate the economic viability of feedlot finishing of crossbred zebu, fed diets with 40, 60 or 80% concentrate (dry matter basis), by financial indicators. A total of 30 animals with age and initial weight average of 26 months and 348 ± 32 kg, respectively, fed for 90 days and slaughtered at an average weight of 449 ± 40 kg. The experimental design was completely randomized with three treatments and ten replicates, proceeding to the regression analysis. There was a linear increase in the total cost per animal with increasing concentrate level, arising from differences in some items of variable cost, being the cost with forage feed reduced and feed concentrate, other and opportunities on invested capital increased with increase in the level of dietary concentrate. As for financial indicators, the concentrate levels of 40, 60 and 80% had similar (P> 0.05), being the average estimates of R$ -119.77 to gross margin, R$ -129.63 to net margin, from R$ -162.14 to profit, R$ -144.01 to net present value, rate of 0.8994 for the benefit:cost and -10.06% for additional return on investment. The estimates were -3.84% for the internal rate of return, rate of 0.1370 to minimum rate of attractiveness: internal rate of return and discounted payback of 5.58 months. The financial indicators showed economic infeasibility of feedlot finishing, a lower return and higher risk with increased as the level of concentrate. There was agreement between the values of the indicators used, showing its relevance in decision making. |
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Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentratedAnálise econômica da terminação de novilhos em confinamento recebendo diferentes proporções de cana-de-açúcar e concentradoInvestment analysisEconomic efficiencyNelloreInvestment projectsDecision-making.Análise de investimentosEficiência econômicaNeloreProjetos de investimentoTomada de decisão.5.04.00.00-2 ZootecniaThe objective of this study was to evaluate the economic viability of feedlot finishing of crossbred zebu, fed diets with 40, 60 or 80% concentrate (dry matter basis), by financial indicators. A total of 30 animals with age and initial weight average of 26 months and 348 ± 32 kg, respectively, fed for 90 days and slaughtered at an average weight of 449 ± 40 kg. The experimental design was completely randomized with three treatments and ten replicates, proceeding to the regression analysis. There was a linear increase in the total cost per animal with increasing concentrate level, arising from differences in some items of variable cost, being the cost with forage feed reduced and feed concentrate, other and opportunities on invested capital increased with increase in the level of dietary concentrate. As for financial indicators, the concentrate levels of 40, 60 and 80% had similar (P> 0.05), being the average estimates of R$ -119.77 to gross margin, R$ -129.63 to net margin, from R$ -162.14 to profit, R$ -144.01 to net present value, rate of 0.8994 for the benefit:cost and -10.06% for additional return on investment. The estimates were -3.84% for the internal rate of return, rate of 0.1370 to minimum rate of attractiveness: internal rate of return and discounted payback of 5.58 months. The financial indicators showed economic infeasibility of feedlot finishing, a lower return and higher risk with increased as the level of concentrate. There was agreement between the values of the indicators used, showing its relevance in decision making.Objetivou-se avaliar a economicidade da terminação em confinamento de novilhos mestiços zebuínos, recebendo dietas com 40, 60 ou 80% de concentrado (base na matéria seca), através de indicadores financeiros. Foram utilizados 30 animais com idade e peso médios iniciais de 26 meses e 348 ± 32 kg, respectivamente, alimentados por 90 dias, sendo abatidos com peso médio de 449 ± 40 kg. O delineamento experimental foi o inteiramente casualizado, com três tratamentos e dez repetições, procedendo-se análise de regressão. Houve incremento linear no custo total por animal com o aumento no nível de concentrado, oriundo das diferenças verificadas em alguns itens do custo variável, sendo que o custo com alimentação volumoso reduziu e, com a alimentação concentrado, outros e oportunidade do capital investido aumentaram com o incremento no nível de concentrado da dieta. Quanto aos indicadores financeiros, os níveis de concentrado de 40, 60 e 80% apresentaram similaridade (P>0,05), sendo as estimativas médias de R$-119,77 para margem bruta, R$-129,63 para margem líquida, de R$-162,14 para lucro, de R$-144,01 para valor presente líquido, de 0,8994 para índice benefício:custo e -10,06% para retorno adicional sobre o investimento. As estimativas foram de -3,84% para taxa interna de retorno, de 0,1370 para relação taxa mínima de atratividade:taxa interna de retorno e 5,58 meses para payback descontado. Os indicadores financeiros evidenciaram inviabilidade econômica da terminação em confinamento, com menor retorno e maior risco conforme incrementou o nível de concentrado na dieta. Houve concordância entre os valores dos indicadores utilizados, demonstrando sua relevância na tomada de decisão.UEL2014-04-28info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPesquisaapplication/pdfhttps://ojs.uel.br/revistas/uel/index.php/semagrarias/article/view/1254510.5433/1679-0359.2014v35n2p999Semina: Ciências Agrárias; Vol. 35 No. 2 (2014); 999-1012Semina: Ciências Agrárias; v. 35 n. 2 (2014); 999-10121679-03591676-546Xreponame:Semina. Ciências Agrárias (Online)instname:Universidade Estadual de Londrina (UEL)instacron:UELporhttps://ojs.uel.br/revistas/uel/index.php/semagrarias/article/view/12545/pdf_300Pacheco, Paulo SantanaSilva, Rodrigo Medeiros daPadua, João TeodoroRestle, JoãoTaveira, Rodrigo ZaidenVaz, Fabiano NunesPascoal, Leonir LuizOlegario, Janaine LealMenezes, Fernanda Rezer deinfo:eu-repo/semantics/openAccess2015-11-19T18:35:50Zoai:ojs.pkp.sfu.ca:article/12545Revistahttp://www.uel.br/revistas/uel/index.php/semagrariasPUBhttps://ojs.uel.br/revistas/uel/index.php/semagrarias/oaisemina.agrarias@uel.br1679-03591676-546Xopendoar:2015-11-19T18:35:50Semina. Ciências Agrárias (Online) - Universidade Estadual de Londrina (UEL)false |
dc.title.none.fl_str_mv |
Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated Análise econômica da terminação de novilhos em confinamento recebendo diferentes proporções de cana-de-açúcar e concentrado |
title |
Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated |
spellingShingle |
Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated Pacheco, Paulo Santana Investment analysis Economic efficiency Nellore Investment projects Decision-making. Análise de investimentos Eficiência econômica Nelore Projetos de investimento Tomada de decisão. 5.04.00.00-2 Zootecnia |
title_short |
Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated |
title_full |
Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated |
title_fullStr |
Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated |
title_full_unstemmed |
Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated |
title_sort |
Economic analysis of finishing feedlot steers fed different proportions of sugar cane and concentrated |
author |
Pacheco, Paulo Santana |
author_facet |
Pacheco, Paulo Santana Silva, Rodrigo Medeiros da Padua, João Teodoro Restle, João Taveira, Rodrigo Zaiden Vaz, Fabiano Nunes Pascoal, Leonir Luiz Olegario, Janaine Leal Menezes, Fernanda Rezer de |
author_role |
author |
author2 |
Silva, Rodrigo Medeiros da Padua, João Teodoro Restle, João Taveira, Rodrigo Zaiden Vaz, Fabiano Nunes Pascoal, Leonir Luiz Olegario, Janaine Leal Menezes, Fernanda Rezer de |
author2_role |
author author author author author author author author |
dc.contributor.author.fl_str_mv |
Pacheco, Paulo Santana Silva, Rodrigo Medeiros da Padua, João Teodoro Restle, João Taveira, Rodrigo Zaiden Vaz, Fabiano Nunes Pascoal, Leonir Luiz Olegario, Janaine Leal Menezes, Fernanda Rezer de |
dc.subject.por.fl_str_mv |
Investment analysis Economic efficiency Nellore Investment projects Decision-making. Análise de investimentos Eficiência econômica Nelore Projetos de investimento Tomada de decisão. 5.04.00.00-2 Zootecnia |
topic |
Investment analysis Economic efficiency Nellore Investment projects Decision-making. Análise de investimentos Eficiência econômica Nelore Projetos de investimento Tomada de decisão. 5.04.00.00-2 Zootecnia |
description |
The objective of this study was to evaluate the economic viability of feedlot finishing of crossbred zebu, fed diets with 40, 60 or 80% concentrate (dry matter basis), by financial indicators. A total of 30 animals with age and initial weight average of 26 months and 348 ± 32 kg, respectively, fed for 90 days and slaughtered at an average weight of 449 ± 40 kg. The experimental design was completely randomized with three treatments and ten replicates, proceeding to the regression analysis. There was a linear increase in the total cost per animal with increasing concentrate level, arising from differences in some items of variable cost, being the cost with forage feed reduced and feed concentrate, other and opportunities on invested capital increased with increase in the level of dietary concentrate. As for financial indicators, the concentrate levels of 40, 60 and 80% had similar (P> 0.05), being the average estimates of R$ -119.77 to gross margin, R$ -129.63 to net margin, from R$ -162.14 to profit, R$ -144.01 to net present value, rate of 0.8994 for the benefit:cost and -10.06% for additional return on investment. The estimates were -3.84% for the internal rate of return, rate of 0.1370 to minimum rate of attractiveness: internal rate of return and discounted payback of 5.58 months. The financial indicators showed economic infeasibility of feedlot finishing, a lower return and higher risk with increased as the level of concentrate. There was agreement between the values of the indicators used, showing its relevance in decision making. |
publishDate |
2014 |
dc.date.none.fl_str_mv |
2014-04-28 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Pesquisa |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://ojs.uel.br/revistas/uel/index.php/semagrarias/article/view/12545 10.5433/1679-0359.2014v35n2p999 |
url |
https://ojs.uel.br/revistas/uel/index.php/semagrarias/article/view/12545 |
identifier_str_mv |
10.5433/1679-0359.2014v35n2p999 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://ojs.uel.br/revistas/uel/index.php/semagrarias/article/view/12545/pdf_300 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
UEL |
publisher.none.fl_str_mv |
UEL |
dc.source.none.fl_str_mv |
Semina: Ciências Agrárias; Vol. 35 No. 2 (2014); 999-1012 Semina: Ciências Agrárias; v. 35 n. 2 (2014); 999-1012 1679-0359 1676-546X reponame:Semina. Ciências Agrárias (Online) instname:Universidade Estadual de Londrina (UEL) instacron:UEL |
instname_str |
Universidade Estadual de Londrina (UEL) |
instacron_str |
UEL |
institution |
UEL |
reponame_str |
Semina. Ciências Agrárias (Online) |
collection |
Semina. Ciências Agrárias (Online) |
repository.name.fl_str_mv |
Semina. Ciências Agrárias (Online) - Universidade Estadual de Londrina (UEL) |
repository.mail.fl_str_mv |
semina.agrarias@uel.br |
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1799306067733118976 |