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Economic-Financial Metanalysis of Termination of Nellore Cattle in Feedlot in Brazil

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This study aimed to evaluate the economic and financial viability of the creation of Nellore cattle in feedlot in Brazil. To do so, we performed a meta-analysis of productive data… Click to show full abstract

This study aimed to evaluate the economic and financial viability of the creation of Nellore cattle in feedlot in Brazil. To do so, we performed a meta-analysis of productive data of Brazilian research published in the last ten years, and before the data, simulated to economic analysis. Three scenarios were simulated, the first according to projections of commodity prices, the second with a reduction of 10% of those prices and the third with an increase of 10%. In first scenario the termination provided positive net income, with total factor productivity (TFP) of R$ 1.04. On the other hand, with the increase of 10% of the costs of production, there is an income and a negative rate of return. On the other hand, with a reduction of 10% of the costs of production, the system will only 1,289 animals and, at the same time, the TFP shall be 1.16, with a return rate of 16.32%. We observed payback with values of less than one year, but with an increase of 10% on the cost with feeding all indicators were negative. Sensitivity analyzes showed that in most scenarios evaluated, only in situations more unfavorable economic performance indicators were not attractive. A meta-analysis of data from the termination of bovine animals shows that, before the current scenario, the price of commodities provides favorable economic indices, but with a negative variation of 10% on the price of the same, the indicators are to be negative, even with the price of the @ remaining stable.

Keywords: cattle feedlot; feedlot brazil; nellore cattle; economic financial; termination

Journal Title: Journal of Animal Science
Year Published: 2020

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