Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional da UNESP |
Texto Completo: | http://dx.doi.org/10.3389/fsufs.2022.987214 http://hdl.handle.net/11449/249436 |
Resumo: | The aim of this study is to assess the economic viability of a medium-sized sugarcane farm applying a diversification strategy, including the possibility of managerial flexibility in changing its portfolio over time. There is a theoretical gap in the economic evaluation of diversified production systems in farm space. We assessed one diversified structure for the sugarcane agricultural farm that included land areas dedicated to the rotational cultivation of soybean/corn, corn/peanut, and corn/green manure. We considered the managerial flexibility when replacing sugarcane culture. Primary and secondary data were used based on the agricultural context of São Paulo State, Brazil, where the modal profile of medium-sized producers in the region was defined with the support of technicians from the leading agricultural cooperative and sugarcane suppliers association. The results indicate that the diversification strategy for the investigated context generates: lower financial risk for the farm, higher potential return on investment, and higher economic value added. |
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Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farmsagribusinessinvestment analysisportfolioReal Options Theoryrotational cultivationThe aim of this study is to assess the economic viability of a medium-sized sugarcane farm applying a diversification strategy, including the possibility of managerial flexibility in changing its portfolio over time. There is a theoretical gap in the economic evaluation of diversified production systems in farm space. We assessed one diversified structure for the sugarcane agricultural farm that included land areas dedicated to the rotational cultivation of soybean/corn, corn/peanut, and corn/green manure. We considered the managerial flexibility when replacing sugarcane culture. Primary and secondary data were used based on the agricultural context of São Paulo State, Brazil, where the modal profile of medium-sized producers in the region was defined with the support of technicians from the leading agricultural cooperative and sugarcane suppliers association. The results indicate that the diversification strategy for the investigated context generates: lower financial risk for the farm, higher potential return on investment, and higher economic value added.Conselho Nacional de Desenvolvimento Científico e Tecnológico (CNPq)Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)School of Agricultural and Veterinarian Science São Paulo State UniversitySchool of Agricultural and Veterinarian Science São Paulo State UniversityFAPESP: 2018/12175-3Universidade Estadual Paulista (UNESP)Santos, David Ferreira Lopes [UNESP]Gomes, Samara Marques [UNESP]2023-07-29T15:41:14Z2023-07-29T15:41:14Z2022-11-21info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://dx.doi.org/10.3389/fsufs.2022.987214Frontiers in Sustainable Food Systems, v. 6.2571-581Xhttp://hdl.handle.net/11449/24943610.3389/fsufs.2022.9872142-s2.0-85143316613Scopusreponame:Repositório Institucional da UNESPinstname:Universidade Estadual Paulista (UNESP)instacron:UNESPengFrontiers in Sustainable Food Systemsinfo:eu-repo/semantics/openAccess2024-06-06T14:54:18Zoai:repositorio.unesp.br:11449/249436Repositório InstitucionalPUBhttp://repositorio.unesp.br/oai/requestopendoar:29462024-08-05T15:54:21.412542Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)false |
dc.title.none.fl_str_mv |
Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms |
title |
Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms |
spellingShingle |
Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms Santos, David Ferreira Lopes [UNESP] agribusiness investment analysis portfolio Real Options Theory rotational cultivation |
title_short |
Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms |
title_full |
Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms |
title_fullStr |
Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms |
title_full_unstemmed |
Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms |
title_sort |
Diversification of crops: Assessment of managerial flexibility and economic impact on sugarcane medium-sized farms |
author |
Santos, David Ferreira Lopes [UNESP] |
author_facet |
Santos, David Ferreira Lopes [UNESP] Gomes, Samara Marques [UNESP] |
author_role |
author |
author2 |
Gomes, Samara Marques [UNESP] |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Universidade Estadual Paulista (UNESP) |
dc.contributor.author.fl_str_mv |
Santos, David Ferreira Lopes [UNESP] Gomes, Samara Marques [UNESP] |
dc.subject.por.fl_str_mv |
agribusiness investment analysis portfolio Real Options Theory rotational cultivation |
topic |
agribusiness investment analysis portfolio Real Options Theory rotational cultivation |
description |
The aim of this study is to assess the economic viability of a medium-sized sugarcane farm applying a diversification strategy, including the possibility of managerial flexibility in changing its portfolio over time. There is a theoretical gap in the economic evaluation of diversified production systems in farm space. We assessed one diversified structure for the sugarcane agricultural farm that included land areas dedicated to the rotational cultivation of soybean/corn, corn/peanut, and corn/green manure. We considered the managerial flexibility when replacing sugarcane culture. Primary and secondary data were used based on the agricultural context of São Paulo State, Brazil, where the modal profile of medium-sized producers in the region was defined with the support of technicians from the leading agricultural cooperative and sugarcane suppliers association. The results indicate that the diversification strategy for the investigated context generates: lower financial risk for the farm, higher potential return on investment, and higher economic value added. |
publishDate |
2022 |
dc.date.none.fl_str_mv |
2022-11-21 2023-07-29T15:41:14Z 2023-07-29T15:41:14Z |
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.uri.fl_str_mv |
http://dx.doi.org/10.3389/fsufs.2022.987214 Frontiers in Sustainable Food Systems, v. 6. 2571-581X http://hdl.handle.net/11449/249436 10.3389/fsufs.2022.987214 2-s2.0-85143316613 |
url |
http://dx.doi.org/10.3389/fsufs.2022.987214 http://hdl.handle.net/11449/249436 |
identifier_str_mv |
Frontiers in Sustainable Food Systems, v. 6. 2571-581X 10.3389/fsufs.2022.987214 2-s2.0-85143316613 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Frontiers in Sustainable Food Systems |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.source.none.fl_str_mv |
Scopus reponame:Repositório Institucional da UNESP instname:Universidade Estadual Paulista (UNESP) instacron:UNESP |
instname_str |
Universidade Estadual Paulista (UNESP) |
instacron_str |
UNESP |
institution |
UNESP |
reponame_str |
Repositório Institucional da UNESP |
collection |
Repositório Institucional da UNESP |
repository.name.fl_str_mv |
Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP) |
repository.mail.fl_str_mv |
|
_version_ |
1808128581726896128 |