ECONOMIC STUDY OF SOYBEAN CULTIVATION AND SORGHUM SECOND SEASON

Abstract

The analysis of investments is of great relevance in the agricultural sector, because it is possible to identify how to apply resources and, above all, to monitor the competitive and dynamic market. The economic viability of soy and sorghum second season was studied in the municipality of Catalão, Goiás. This work was carried out from data collection and information on the technical coefficients for conducting cultures through local, regional research and interview with producers in the region. The costs were organized following the Effective Operating Cost (COE) and Total Cost (CT) structure. To determine the viability of crops, annual cash flows were used and economic indicators were applied: Net Present Value (NPV), Benefit/Cost Ratio (R B/C) and Discounted Payback, in addition to sensitivity analysis. The results obtained with the indicators for soybeans were: NPV of $724.16, B/C ratio equal to 1.05 and payback from the first year. For sorgo, the results were: NPV of $382.30, B/C R equal to 1.07 and payback in the first year. The cultivation of soybeans and sorghum second season in the region is an economically viable activity under the management conditions and cost methodology adopted.