Deterministic economic analysis of feedlot Red Angus young steers: slaughter weights and bonus

Pacheco, Paulo Santana; Vaz, Fabiano Nunes; Restle, João; Ávila, Mozer Manetti De; Olegario, Janaine Leal; Menezes, Fernanda Rezer de; Valença, Karoline Gomes; Lemes, Daniel Batista; Vargas, Fabiano Vargas de

doi:10.1590/0103-8478cr20140631

Cited by 4 publications

(4 citation statements)

References 8 publications

(10 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…EOC per arroba decreased as space allowance increased, corresponding to R$ 120.00, R$ 118.90, and R$ 118.60 in pens of 6, 12, and 24 m 2 , respectively. A similar decreasing trend in TOC per arroba was also observed ( (MOREIRA et al, 2015) and slaughter weights (PACHECO et al, 2015), respectively. For comparison purposes, the values reported by the authors were deflated by the IGP-DI of November 2017.…”

Section: Resultssupporting

confidence: 79%

“…Most of the studies addressing the economic viability of feedlot-finished cattle focused on the roles of diet composition (MISSIO et al, 2009;PACHECO et al, 2014a;ROSA et al, 2017) and slaughter weight (PACHECO et al, 2014b(PACHECO et al, , 2015FABRICIO et al, 2017), probably because the purchases of cattle and feed represent approximately 87% of TOC. Studies about the effects of space allowance are scarce.…”

Section: Resultsmentioning

confidence: 99%

“…Although the three pen space allowances were considered economically satisfactory, higher NPV per animal is preferable. Previous studies showed that the NPV for confined cattle in Brazil varied from R$ 43.20 to R$ 594.00, depending on the levels of concentrate in the diet and slaughter weights (PACHECO et al, 2015;BARBIERI et al, 2016;ROSA et al, 2017).…”

Section: Resultsmentioning

confidence: 99%

See 2 more Smart Citations

Economic impacts of space allowance per animal on beef cattle feedlot

Montelli

Macitelli

Braga³

et al. 2019

SCA

View full text Add to dashboard Cite

The objective of this study was to assess the economic outcomes of three space allowances (6, 12, and 24 m 2 per animal) for outdoor feedlots-finished beef cattle. Simulations considered confinement systems with a static capacity of 5,000 animals per cycle and two 86-day cycles per year. Performance data were obtained from 1,350 uncastrated bovine males. An increase in space allowance elevated the fixed cost per animal. Fixed and variable costs represented 3% and 93% of the total operating cost, respectively. For variable costs, around 70% was used for purchasing cattle and 17% for purchasing feed. The operating profit per animal increased as space allowance increased (R$ 80.90, R$ 102.00, and R$ 109.00 for 6, 12, and 24 m 2 per animal, respectively). The three feedlot systems recovered the initial investment and had a positive net present value. In addition, the internal rates of return were 22%, 27%, and 25%, and the probabilities of financial loss were 33%, 29%, and 26% for pen sizes of 6, 12, and 24 m 2 per animal, respectively. Therefore, larger space allowances improve profitability and reduce the risk of financial loss.

show abstract

Section: Resultssupporting

confidence: 79%

Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

See 1 more Smart Citation

Economic impacts of space allowance per animal on beef cattle feedlot

Montelli

Macitelli

Braga³

et al. 2019

SCA

View full text Add to dashboard Cite

show abstract

“…According to Vaz et al (15) crossing programs of beef cattle that seek improve carcass characteristics have been increasingly searched by the producers who seek maximum remuneration of their product, allying with slaughterhouses that have sought to encourage the production by offering bonuses of up to 10% of the price per kilogram of live animal that meet certain quality characteristics. Pacheco et al (16) comments that this is a common practice of the breed associations use this kind of marketing. In monetary values, in this study the bonus results in US$ 0.28 more per kg of live animal, or an average of US$ 127.82 per animal.…”

Section: Resultsmentioning

confidence: 99%

Economic Deterministic Analysis of Two Years Old Steers Production Systems

2017

Self Cite

View full text Add to dashboard Cite

The objective of this study was to realize the economic deterministic analysis of steers production system in full cycle, finished in feedlot or cultivated pasture at twenty-four months old, utilizing or not the quality bonus from slaughterhouses. The study was realized using data from meta-analytic survey of studies in the central region of Rio Grande do Sul state, Brazil, in Microsoft Excel ® spreadsheets. The systems were simulated considering the male and female calves weaned early, at the tree months of age, and finished at the 24 months of age in feedlot or cultivated pasture. After the slaughter, it was realized the economic deterministic analysis. According to financial return indicators net present value (NPV), benefit:cost index (IB:C) and additional return on investment (ROI) only the system in pasture show return at the end of planning horizon, and the internal return rate (IRR), modified internal return rate (MIRR) and discounted payback (PBd), show that this system possesses a higher risk of investment. The feedlot system show negative results as a investment project. The bigger cost center was depreciation, feeding supply and taxes, and the quality bonus shows up an interesting alternative of return, but was not sufficient to render the feedlot system a viable project. Keywords: bioeconomic; economic indicators; economic viability; productive systems; risk analysis. ResumoO objetivo deste estudo foi realizar a análise econômica determinística do sistema de produção de novilhos em ciclo completo, terminados em confinamento ou pastagem cultivada aos 24 meses de idade, utilizando ou não a bonificação por qualidade das empresas frigoríficas. O experimento foi realizado utilizando dados via levantamento metanalítico de dados na região central do Rio Grande do Sul em planilhas do Microsoft Excel ® . Os sistemas foram simulados considerando os bezerros e bezerras desmamados precocemente, aos três meses de idade, e terminados aos 24 meses de idade em confinamento ou pastagens cultivadas. Após o abate, foi realizada a análise econômica determinística. De acordo com os indicadores financeiros de retorno valor presente líquido (VPL), índice benefício:custo (IB:C) e retorno adicional sobre o investimento (ROIA) somente o sistema de 2 Cienc. anim. bras., Goiânia, v.18, 1-14, e-34090, 2017 Economic deterministic analysis of two years old steers production systems terminação em pastagem mostrou retorno ao final do horizonte de planejamento, e a taxa interna de retorno (TIR), taxa interna de retorno modificada (TIRM) e o payback descontado (PBd) mostraram que este sistema possui um elevado risco de investimento. O sistema em confinamento mostrou resultados negativos como um projeto de investimento. Os maiores centros de custos foram os gastos com depreciação, alimentação e impostos. A bonificação por qualidade se mostrou uma alternativa interessante de retorno, porém não foi suficiente para tornar o sistema de confinamento um projeto viável. Palavras-chave: análise de risco; bioeconômico; indicadores econ...

show abstract