Viabilidade econômica da engorda de bovinos de corte a pasto na Zona da Mata Norte de Pernambuco

Abstract

Beef cattle is an important economic activity in Brazil, and even during the pandemic period, the activity maintained its grow. However, it is important to assess the economic feasibility of the activity under different conditions. The objective of this study was to evaluate the economic feasibility of rainsing beef cattle on pasture in the Zona da Mata Norte of the State of Pernambuco, using productive data from a farm for raising beef cattle on pasture, located in the municipality of Vicência, Zona da Norte of the state. The property purchases young animals with approximately 210 kg of live weight (LW) for raising on pasture in a production cycle with an average duration of 1.5 years, and commercialization of 120 animals per year. Using the property data, a cash flow was prepared, and the net present value (NPV), internal rate of return (IRR), profitability index, and simple and discounted payback were calculated. A sensitivity analysis was performed, considering the variation of ± 10% in the commercialization price. The project presented values of NPV = - 2,050,424.60, IRR of 7%, profitability index of 0.72, and simple payback of 10.3 years, exceeding the analysis period considered (10 years). In the studied condition, the production of beef cattle on pasture in the Zona da Mata region of Pernambuco, presents low economic viability since the IRR was below the minimum attractiveness rate (MAT) considered (CDI of 12.65%). A 10% increase in the meat price could raise the IRR to 9%, while the reduction could lower the IRR to 5%, indicating that in the scenarios studied, the IRR would remain below the MAT.