The objective of this study was to carry out a comparative analysis of the costs and economic profitability and viability indicators involved in implementing precision and conventional farming practices using maize and soybean crops in the state of Mato Grosso do Sul, Brazil. After identifying the production costs, analyses of the profitability indicators and viability indicators were carried out. The calculated profitability indicators (gross revenue, gross margin, break-even point, operational profit, and profitability index) presented better economic results under the precision system. For the analysis of the viability indicators, the net present value method and the internal rate of return method were used to analyze the two production systems, showing smaller investment attractiveness for the conventional farming system than for the precision system, though with a small difference in values. The Monte Carlo method was applied to evaluate investment risk. The selection of the variables to be simulated was based on the sensitivity analysis results, such as production, sale price and input price. The results obtained through simulation led to the conclusion that the risks are low for the two production systems analyzed.
Precision Agriculture – Springer Journals
Published: Nov 11, 2007
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera