Since 2014
Risk and return of soybeans precision production: a case study in Mato Grosso do Sul state, Brazil1
Rivista di Economia Agraria
View Archive Info| Field | Value | |
| Title |
Risk and return of soybeans precision production: a case study in Mato Grosso do Sul state, Brazil1
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| Creator |
Pereira Lavorato, Mateus; Department of Agricultural Economics, Federal University of Viçosa - Brazil
Braga, Marcelo José; Department of Agricultural Economics, Federal University of Viçosa - Brazil |
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| Subject |
risks; returns; precision agriculture; soybeans; Brazil
Q14; Q16 |
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| Description |
Precision agriculture (PA) has not yet spread in Brazil, despite the benefits stressed in literature. Considering the uncertainty related to PA’s results, this study evaluated the tradeoff between risks and returns for precision production of soybeans in Mato Grosso do Sul state, Brazil. A representative farm using PA was compared to a conventional production system through the Earnings-at-Risk metric and a Modified Sharpe Index. PA presented higher expected earnings per hectare while conventional production proved to have a lower risk exposure. The positive difference in expected earnings between precision and conventional systems was insufficient to cover PA’s risk exposure, leading to the conclusion that less risk-averse farmers could assume higher risks and prefer precision system.
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| Publisher |
Firenze University Press
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| Contributor |
—
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| Date |
2018-07-03
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.fupress.net/index.php/rea/article/view/23577
http://www.fupress.net/index.php/rea/article/download/23577/21193 10.13128/REA-23577 |
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| Source |
Rivista di Economia Agraria; Vol 73, No 1 (2018); 27-36
Italian Review of Agricultural Economics; Vol 73, No 1 (2018); 27-36 2281-1559 0035-6190 |
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| Language |
eng
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| Relation |
10.13128/REA-23577
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| Rights |
The authors retain all rights to the original work without any restrictions.License for Published ContentsThis work is distribuited with Creative Commons Attribuzione 4.0 Internazionale. You are free to copy, distribute and transmit the work, and to adapt the work. You must attribute the work in the manner specified by the author or licensor (but not in any way that suggests that they endorse you or your use of the work).Licence scheme | Legal codeLicense for MetadataActa published articles metadata are dedicated to the public domain by waiving all publisher's rights to the work worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.You can copy, modify, distribute and perform the work, even for commercial purposes, all without asking permission.Licence scheme | Legal code
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