BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL

Detalhes bibliográficos
Autor(a) principal: Oliveira Neto, Odilon José de
Data de Publicação: 2009
Outros Autores: Machado, André Grossi, Figueiredo, Reginaldo Santana
Tipo de documento: Artigo
Idioma: por
Título da fonte: Pesquisa Agropecuária Tropical (Online)
Texto Completo: https://revistas.ufg.br/pat/article/view/4422
Resumo: The objective of this paper was to measure and analyze beef cattle basis values and basis risk for the State of Goiás, Brazil. The Goiás State Federation of Agriculture and Livestock (Faeg) series of spot prices for beef cattle and the series of future prices in the Brazilian Mercantile & Futures Exchange (BM&F), from the Center for Advanced Studies in Applied Economics (Cepea), at the “Luiz de Queiroz” College of Agriculture (ESALQ) of the University of São Paulo, were used in the study. The mensuration of the basis and of the basis risk allowed the analysis of the behavior of the beef cattle spot prices for the State of Goiás and the future prices of the commodity in the BM&F. It was noticed a significant difference between the series, during the researched period. That difference of prices is more evident between December and May, period defined as harvest. However, between harvest periods, from June to November, prices present a closer proximity. It was concluded that the statistical parameters used are essential for producers decision making in the commercialization of beef cattle in the State of Goiás. KEY-WORDS: Risk Basis; commercialization; beef cattle; State of Goiás.
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spelling BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZILCOMPORTAMENTO DA BASE E ANÁLISE DO RISCO DE BASE NA COMERCIALIZAÇÃO DO BOI GORDO NO ESTADO DE GOIÁS, BRASILRisk Basiscommercializationbeef cattleState of GoiásRisco de basecomercializaçãoboi gordoEstado de Goiás The objective of this paper was to measure and analyze beef cattle basis values and basis risk for the State of Goiás, Brazil. The Goiás State Federation of Agriculture and Livestock (Faeg) series of spot prices for beef cattle and the series of future prices in the Brazilian Mercantile & Futures Exchange (BM&F), from the Center for Advanced Studies in Applied Economics (Cepea), at the “Luiz de Queiroz” College of Agriculture (ESALQ) of the University of São Paulo, were used in the study. The mensuration of the basis and of the basis risk allowed the analysis of the behavior of the beef cattle spot prices for the State of Goiás and the future prices of the commodity in the BM&F. It was noticed a significant difference between the series, during the researched period. That difference of prices is more evident between December and May, period defined as harvest. However, between harvest periods, from June to November, prices present a closer proximity. It was concluded that the statistical parameters used are essential for producers decision making in the commercialization of beef cattle in the State of Goiás. KEY-WORDS: Risk Basis; commercialization; beef cattle; State of Goiás. O trabalho teve por objetivo mensurar e analisar os valores da base e do risco de base da arroba do boi gordo, para o Estado de Goiás. Utilizou-se, no estudo, a série de preços da arroba do boi gordo para o Estado de Goiás, obtida junto à Federação da Agricultura e Pecuária do Estado de Goiás (Faeg), e a série de preços futuros na Bolsa de Mercadorias & Futuros (BM&F), obtida junto ao Centro de Estudos Avançados em Economia Aplicada (Cepea) da Escola Superior de Agricultura Luiz de Queiroz (ESALQ), da Universidade de São Paulo. A mensuração da base e do risco de base permitiu analisar o comportamento dos preços da arroba do boi gordo, à vista, para o Estado de Goiás, e os preços futuros da commodity, na BM&F. Notou-se uma significativa diferença entre esses, durante o período pesquisado. Essa diferença de preços é mais evidente entre os meses de dezembro e maio, período definido como safra. Entretanto, no período de entressafra, que vai de junho a novembro, os preços apresentam uma maior proximidade. Concluiu-se que os parâmetros estatísticos utilizados são essenciais para as tomadas de decisão, por parte dos produtores, na comercialização do boi gordo, no Estado de Goiás. PALAVRAS-CHAVES: Risco de base; comercialização; boi gordo; Estado de Goiás.Escola de Agronomia - Universidade Federal de Goiás2009-09-14info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionAvaliado por paresMétodos Quantitativosapplication/pdfhttps://revistas.ufg.br/pat/article/view/4422Pesquisa Agropecuária Tropical [Agricultural Research in the Tropics]; v. 39, n. 3, Jul./Sep. 2009; 207-217Pesquisa Agropecuária Tropical (Agricultural Research in the Tropics); v. 39, n. 3, jul./set. 2009; 207-217Pesquisa Agropecuária Tropical; v. 39, n. 3, jul./set. 2009; 207-2171983-4063reponame:Pesquisa Agropecuária Tropical (Online)instname:Universidade Federal de Goiás (UFG)instacron:UFGporhttps://revistas.ufg.br/pat/article/view/4422/5269Oliveira Neto, Odilon José deMachado, André GrossiFigueiredo, Reginaldo Santanainfo:eu-repo/semantics/openAccess2009-09-29T15:28:59Zoai:ojs.revistas.ufg.br:article/4422Revistahttps://revistas.ufg.br/patPUBhttps://revistas.ufg.br/pat/oaiaseleguini.pat@gmail.com||mgoes@agro.ufg.br1983-40631517-6398opendoar:2024-05-21T19:55:38.877115Pesquisa Agropecuária Tropical (Online) - Universidade Federal de Goiás (UFG)true
dc.title.none.fl_str_mv BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL
COMPORTAMENTO DA BASE E ANÁLISE DO RISCO DE BASE NA COMERCIALIZAÇÃO DO BOI GORDO NO ESTADO DE GOIÁS, BRASIL
title BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL
spellingShingle BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL
Oliveira Neto, Odilon José de
Risk Basis
commercialization
beef cattle
State of Goiás
Risco de base
comercialização
boi gordo
Estado de Goiás
title_short BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL
title_full BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL
title_fullStr BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL
title_full_unstemmed BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL
title_sort BEHAVIOR OF BASIS AND ANALYSIS OF RISK BASIS IN THE COMMERCIALIZATION OF BEEF CATTLE IN THE STATE OF GOIÁS, BRAZIL
author Oliveira Neto, Odilon José de
author_facet Oliveira Neto, Odilon José de
Machado, André Grossi
Figueiredo, Reginaldo Santana
author_role author
author2 Machado, André Grossi
Figueiredo, Reginaldo Santana
author2_role author
author
dc.contributor.author.fl_str_mv Oliveira Neto, Odilon José de
Machado, André Grossi
Figueiredo, Reginaldo Santana
dc.subject.por.fl_str_mv Risk Basis
commercialization
beef cattle
State of Goiás
Risco de base
comercialização
boi gordo
Estado de Goiás
topic Risk Basis
commercialization
beef cattle
State of Goiás
Risco de base
comercialização
boi gordo
Estado de Goiás
description The objective of this paper was to measure and analyze beef cattle basis values and basis risk for the State of Goiás, Brazil. The Goiás State Federation of Agriculture and Livestock (Faeg) series of spot prices for beef cattle and the series of future prices in the Brazilian Mercantile & Futures Exchange (BM&F), from the Center for Advanced Studies in Applied Economics (Cepea), at the “Luiz de Queiroz” College of Agriculture (ESALQ) of the University of São Paulo, were used in the study. The mensuration of the basis and of the basis risk allowed the analysis of the behavior of the beef cattle spot prices for the State of Goiás and the future prices of the commodity in the BM&F. It was noticed a significant difference between the series, during the researched period. That difference of prices is more evident between December and May, period defined as harvest. However, between harvest periods, from June to November, prices present a closer proximity. It was concluded that the statistical parameters used are essential for producers decision making in the commercialization of beef cattle in the State of Goiás. KEY-WORDS: Risk Basis; commercialization; beef cattle; State of Goiás.
publishDate 2009
dc.date.none.fl_str_mv 2009-09-14
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Avaliado por pares
Métodos Quantitativos
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://revistas.ufg.br/pat/article/view/4422
url https://revistas.ufg.br/pat/article/view/4422
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistas.ufg.br/pat/article/view/4422/5269
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 Escola de Agronomia - Universidade Federal de Goiás
publisher.none.fl_str_mv Escola de Agronomia - Universidade Federal de Goiás
dc.source.none.fl_str_mv Pesquisa Agropecuária Tropical [Agricultural Research in the Tropics]; v. 39, n. 3, Jul./Sep. 2009; 207-217
Pesquisa Agropecuária Tropical (Agricultural Research in the Tropics); v. 39, n. 3, jul./set. 2009; 207-217
Pesquisa Agropecuária Tropical; v. 39, n. 3, jul./set. 2009; 207-217
1983-4063
reponame:Pesquisa Agropecuária Tropical (Online)
instname:Universidade Federal de Goiás (UFG)
instacron:UFG
instname_str Universidade Federal de Goiás (UFG)
instacron_str UFG
institution UFG
reponame_str Pesquisa Agropecuária Tropical (Online)
collection Pesquisa Agropecuária Tropical (Online)
repository.name.fl_str_mv Pesquisa Agropecuária Tropical (Online) - Universidade Federal de Goiás (UFG)
repository.mail.fl_str_mv aseleguini.pat@gmail.com||mgoes@agro.ufg.br
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