ECONOMIC DETERMINISTIC ANALYSIS OF FEEDLOT-FINISHED STEERS SLAUGHTERED AT DIFFERENT WEIGHTS

Authors

  • Paulo Santana Pacheco UFSM
  • João Restle UFT
  • Karoline Gomes Valença UFSM
  • Daniel Batista Lemes UFSM
  • Fernanda Rezer de Menezes UFSM
  • Greice Kelly Gomes Machado UFSM

DOI:

https://doi.org/10.1590/cab.v15i4.25747

Keywords:

Economy

Abstract

The aim of this study was to evaluate the economic viability of feedlot-finished steers through financial indicators of risk and return, via deterministic analysis, based on average values ??quotations practiced in Rio Grande do Sul state in the years 2004-2012. We used 18 Charolais steers with average initial age of 30 months and average initial weight of 297.0kg ± 11.5kg. We evaluated three predetermined slaughter weights: 420, 460 and 500kg, being the weights obtained of 421, 461 and 495kg, respectively. Variable costs represented 98% of total cost, and of these, the most representative were purchase of feeder cattle and food (forage + concentrate). The estimates of the financial indicators to slaughter weights of 421, 461 and 495kg were, respectively: R$ -266.30, -323.49 and -417.18 for gross margin; R$ -289.70,  -440.59 and 346.90 for net margin; R$ -344.89, -419.93 and -536.24 for profit; R$ -316.78, -381.92 and -483.67 for net present value; 0.85, 0.83 and 0.81 for index benefit:cost, -2.65%, -2.52% and -2.58% for additional return on investment; -5.02%, -4.57% and -4.56% for the internal rate of return (a.m.); and 7.05, 8.37 and 9.86 months for discounted payback. Although these results indicate infeasibility of termination at any slaughter weight, lower weights resulted in lower economic losses, making this technology of high economic risk.

KEYWORDS: beef cattle, finishing system, ideal slaughter weight, investment analysis, risk analysis.

 

Downloads

Download data is not yet available.

Author Biographies

Paulo Santana Pacheco, UFSM

Prof. Adjunto do departamento de zootecnia da UFSM

Karoline Gomes Valença, UFSM

Graduanda em zootecnia pela UFSM

Daniel Batista Lemes, UFSM

Graduando em zootecnia pela UFSM

Fernanda Rezer de Menezes, UFSM

bacharel em contabilidade pela UFSM

Graduando em estatistica pela UFSM

Greice Kelly Gomes Machado, UFSM

Graduanda em zootecnia pela UFSM

Downloads

Published

2014-12-23

How to Cite

PACHECO, P. S.; RESTLE, J.; VALENÇA, K. G.; LEMES, D. B.; MENEZES, F. R. de; MACHADO, G. K. G. ECONOMIC DETERMINISTIC ANALYSIS OF FEEDLOT-FINISHED STEERS SLAUGHTERED AT DIFFERENT WEIGHTS. Brazilian Animal Science/ Ciência Animal Brasileira, Goiânia, v. 15, n. 4, p. 420–427, 2014. DOI: 10.1590/cab.v15i4.25747. Disponível em: https://revistas.ufg.br/vet/article/view/25747. Acesso em: 24 nov. 2024.

Issue

Vol. 15 No. 4 (2014)

Section

Animal Production

License

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g. in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).