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Provedor de dados:  Ciência Rural
País:  Brazil
Título:  Economic analysis of the risk of replacing corn grains (Zea mays) with pearl millet grains (Pennisetum glaucum) in the diet of feedlot cattle
Autores:  Silva,Rodrigo Medeiros da
Taveira,Rodrigo Zaiden
Restle,João
Fabricio,Edom de Avila
Camera,Angelina
Maysonnave,Greicy Sofia
Bilego,Ubirajara Oliveira
Pacheco,Paulo Santana
Vaz,Fabiano Nunes
Data:  2020-01-01
Ano:  2020
Palavras-chave:  Investment analysis
Probabilistic analysis
Stochastic method
Correlation of classification
Resumo:  ABSTRACT: The goal of the present study was to assess the economic viability relating to the risk of replacing corn with pearl millet in diets with 80% concentration for feedlot cattle confined for 89 days. Replacement levels were: 0, 33, 66, and 100%. The risk was estimated using Monte Carlo simulation, Spearman’s rank correlation test between input variables, stochastic dominance, and analysis of sensitivity. The expected average values ± standard deviation for net present value (R$/animal) were ± 71.74 ± 283.32, 91.23 ± 285.18, 196.05 ± 273.79, and 223.80 ± 267.96 for diets containing 0, 33, 66, and 100% of pearl millet, respectively. The probability of ≥0 net present value was 63.4, 66.1, 78.4, and 82.4%, respectively. The net present values were statistically different (P<0.05), and the higher levels dominated the lower values. The items that most influenced the net present values were, in descending order, prices of unfinished and finished cattle, initial and final weights, prices of concentrate and forage, concentrate and forage consumption. Based on the results of the simulation, diet of 100% pearl millet exhibited the best economic viability.
Tipo:  Info:eu-repo/semantics/article
Idioma:  Inglês
Identificador:  http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-84782020000300651
Editor:  Universidade Federal de Santa Maria
Relação:  10.1590/0103-8478cr20190443
Formato:  text/html
Fonte:  Ciência Rural v.50 n.3 2020
Direitos:  info:eu-repo/semantics/openAccess
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