Banca de DEFESA: ROBSON LEANDRO FERREIRA

Uma banca de DEFESA de MESTRADO foi cadastrada pelo programa.
DISCENTE : ROBSON LEANDRO FERREIRA
DATA : 28/02/2019
HORA: 09:00
LOCAL: INSTITUTO DE ZOOTECNIA DA UFRRJ
TÍTULO:

Economic and financial evaluation of a beef cattle breeding system in a traditional dairy region in Minas Gerais.

PALAVRAS-CHAVES:

Cost analysis, investment analysis, production indexes.

 

PÁGINAS: 57
GRANDE ÁREA: Ciências Agrárias
ÁREA: Zootecnia
SUBÁREA: Pastagem e Forragicultura
RESUMO:

FERREIRA, Robson Leandro. Economic and financial evaluation of a beef cattle breeding system in a traditional dairy region in Minas Gerais. 2019. 46p. Dissertation (Master degree in Animal Science). Instituto de Zootecnia, Universidade Federal Rural do Rio de Janeiro, Seropédica, RJ, 2019.

 

The maximization of economic gains in any agribusiness activity requires improvement of the productive efficiency along its development in function of its specific places of establishment, market and risks, it is necessary the economic evaluation of the same during its life time so that it becomes possible to project your financial economic future. In this context, the aime of this work was to calculate the production indexes and the production costs of a case study in the cow-calf system of the Canchim breed (Criatório Canchim Barro Branco), located in Mercês - MG (traditional region in the dairy production), as well as carrying out an investment analysis from January 2012 to December 2017, and the projection of expected results for the next 6 years (2018 to 2023). Thus, electronic spreadsheets were elaborated to record all entry (income) and outlays (expenses) for the cash flow estimation and subsequent cost analysis, determination of economic efficiency indicators (gross margin, net margin, net result, profit and simple profitability and investment analysis (economic and financial viability) of each of the horizons (current and projected), using the economic indicators of profitability: net present value (NPV), internal rate of return (IRR) and payback. The most representative items in the total cost were contracted labor (28.9%), opportunity cost of capital (17.4%) and depreciation (17.3%). The increase in the number and price of UA determines the fluctuations of labor costs and depreciation per UA that contributed to the increase of the economic efficiency of the system. The indicators of economic efficiency: net result, profit and profitability were negative in the first three years (2012, 2013 and 2014) and positive in the following three years (2015, 2016 and 2017). In both the current and the project horizons (2018 to 2023), the production system was economically viable when submitted to a discount rate of until 8% per year, with NPV of R$ 102,728.25 and R$ 33,969.83 and IRR of 9.50 and 8.41%; respectively. The categories that caused greater sensitivity in the NPV of the current horizon were the investment in land area, the purchase price of matrices and the contracted labor force, while for the projected horizon were the investment in land area, the purchase price of matrices and the sale price of young bulls. The financial risk for the period from 2012 to 2017 was 14.1, 79.6, 99.4 and 100.0% for discount rates of 4, 6, 8 and 10%, respectively. While in the horizon from 2018 to 2023 it was 7.4, 53.7, 93.7 and 99.8% for the discount rates of 4, 6, 8 and 10%, respectively. Considering discount rates of up to 8%, the breeding activity of beef cattle in a dairy region is economically viable.

 

MEMBROS DA BANCA:
Presidente - 1322816 - CARLOS AUGUSTO BRANDAO DE CARVALHO
Externo à Instituição - PAULO MARCELO SOUZA - UENF
Interno - 387348 - PEDRO ANTONIO MUNIZ MALAFAIA