Economic-financial feasibility of pantaneiro lamb finishing systems

ABSTRACT: Technical and economic-financial performance of pantaneiro lamb finishing in feedlot (F) and semi-feedlot (SF) was evaluated. When analyzing the profitability, economic efficiency and the price sensitivity, was profit in all the scenarios evaluated. The gross margin (GM) was 69% and 52%, net margin (NM) was 65% and 48% and profitability index (PI) was 39% and 29%, as well as total productivity of factors (TPF) was R$1.53 and R$1.36, respectively, in the systems F and SF. Investment analysis showed that the activity is economically viable, remunerating all production factors and capital invested. Internal return tax was, respectively, 27% and 16% for the in feedlot and semi-feedlot systems.摘要：本研究评估了潘塔纳尔羔羊（Pantaneiro lamb）在育肥场（F）与半育肥场（SF）两种模式下的育肥技术与经济财务绩效。经对盈利能力、经济效率及价格敏感性开展分析后发现，所有评估场景均实现盈利。在育肥场与半育肥场系统中，毛利率（GM）分别为69%与52%，净利率（NM）分别为65%与48%，盈利指数（PI）分别为39%与29%；全要素生产率（TPF）分别为1.53巴西雷亚尔与1.36巴西雷亚尔。投资分析结果显示，该养殖活动具备经济可行性，可对所有生产要素及投入资本予以合理回报。育肥场与半育肥场系统的内部收益率分别为27%与16%。