Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile

The sustainable use of productive resources by agricultural producers in the central valley of Chile should be compatible with economic results so that producers can select an appropriate rotation or succession of annual crops and pasture. The objective of this work was to evaluate the economic beha...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	González U,Jorge, Undurraga,Pablo, Hirzel,Juan, Martínez G,Ingrid
Lenguaje:	English
Publicado:	Instituto de Investigaciones Agropecuarias, INIA 2013
Materias:	Crop rotation economic analyses economic decision-making tools portfolio of rotations variation in net margin
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-58392013000300006
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:scielo:S0718-58392013000300006
record_format	dspace
spelling	oai:scielo:S0718-583920130003000062018-10-02Economic evaluation of a crop rotation portfolio for irrigated farms in central ChileGonzález U,JorgeUndurraga,PabloHirzel,JuanMartínez G,Ingrid Crop rotation economic analyses economic decision-making tools portfolio of rotations variation in net margin The sustainable use of productive resources by agricultural producers in the central valley of Chile should be compatible with economic results so that producers can select an appropriate rotation or succession of annual crops and pasture. The objective of this work was to evaluate the economic behavior of four food crop and supplementary forage rotations using indicators of profitability and profit variability. Productive data were used from a long-term experiment (16 yr) in the central valley of Chile under conditions of irrigation. With productive data and information on historic input/output prices, the real net margin per rotation (RNMR) and its coefficient of variation (CV) were determined. The results indicated that the highest economic benefits and greatest economic stability were obtained with rotations that only included crops, namely sugar beet (Beta vulgaris L. subsp. vulgaris)-wheat (Triticum aestivum L.)-bean (Phaseolus vulgaris L.)-barley (Hordeum vulgare L.) (CR2) and corn (Zea mays L.)-wheat-bean-barley (CR4). These rotations included crops with low CV of the net margin, such as wheat, barley and beans, with values between 0.31 and 0.34. The rotations with crops and pasture, sugar beet-wheat-red clover (Trifolium pratense L.) (2) (CR1) and corn-wheat-red clover (2) (CR3) had lower net margins and more variability of this indicator. Red clover had the highest CV value (1.00). The selection of crops for rotations and their sequence were determining factors in the economic behavior of rotations, affecting the level of RNMR and the degree of inter-annual variability of this indicator. Thus, differences among rotations of 47% in net margin were determined (CR2 vs. CR1), which only differed in the replacement of pasture with red clover (2) by bean-barley. The economic analysis based on the net margin and its variability allow for discriminating among rotations, providing valuable information for producers in deciding which crops to use in rotations.info:eu-repo/semantics/openAccessInstituto de Investigaciones Agropecuarias, INIAChilean journal of agricultural research v.73 n.3 20132013-09-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-58392013000300006en10.4067/S0718-58392013000300006
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	Crop rotation economic analyses economic decision-making tools portfolio of rotations variation in net margin
spellingShingle	Crop rotation economic analyses economic decision-making tools portfolio of rotations variation in net margin González U,Jorge Undurraga,Pablo Hirzel,Juan Martínez G,Ingrid Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile
description	The sustainable use of productive resources by agricultural producers in the central valley of Chile should be compatible with economic results so that producers can select an appropriate rotation or succession of annual crops and pasture. The objective of this work was to evaluate the economic behavior of four food crop and supplementary forage rotations using indicators of profitability and profit variability. Productive data were used from a long-term experiment (16 yr) in the central valley of Chile under conditions of irrigation. With productive data and information on historic input/output prices, the real net margin per rotation (RNMR) and its coefficient of variation (CV) were determined. The results indicated that the highest economic benefits and greatest economic stability were obtained with rotations that only included crops, namely sugar beet (Beta vulgaris L. subsp. vulgaris)-wheat (Triticum aestivum L.)-bean (Phaseolus vulgaris L.)-barley (Hordeum vulgare L.) (CR2) and corn (Zea mays L.)-wheat-bean-barley (CR4). These rotations included crops with low CV of the net margin, such as wheat, barley and beans, with values between 0.31 and 0.34. The rotations with crops and pasture, sugar beet-wheat-red clover (Trifolium pratense L.) (2) (CR1) and corn-wheat-red clover (2) (CR3) had lower net margins and more variability of this indicator. Red clover had the highest CV value (1.00). The selection of crops for rotations and their sequence were determining factors in the economic behavior of rotations, affecting the level of RNMR and the degree of inter-annual variability of this indicator. Thus, differences among rotations of 47% in net margin were determined (CR2 vs. CR1), which only differed in the replacement of pasture with red clover (2) by bean-barley. The economic analysis based on the net margin and its variability allow for discriminating among rotations, providing valuable information for producers in deciding which crops to use in rotations.
author	González U,Jorge Undurraga,Pablo Hirzel,Juan Martínez G,Ingrid
author_facet	González U,Jorge Undurraga,Pablo Hirzel,Juan Martínez G,Ingrid
author_sort	González U,Jorge
title	Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile
title_short	Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile
title_full	Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile
title_fullStr	Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile
title_full_unstemmed	Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile
title_sort	economic evaluation of a crop rotation portfolio for irrigated farms in central chile
publisher	Instituto de Investigaciones Agropecuarias, INIA
publishDate	2013
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-58392013000300006
work_keys_str_mv	AT gonzalezujorge economicevaluationofacroprotationportfolioforirrigatedfarmsincentralchile AT undurragapablo economicevaluationofacroprotationportfolioforirrigatedfarmsincentralchile AT hirzeljuan economicevaluationofacroprotationportfolioforirrigatedfarmsincentralchile AT martinezgingrid economicevaluationofacroprotationportfolioforirrigatedfarmsincentralchile
_version_	1714205325296402432

Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile

Ejemplares similares