The inclusion of Leucaena diversifolia in a Colombian beef cattle production system: An economic perspective

cg.contributor.affiliationInternational Center for Tropical Agricultureen
cg.contributor.crpLivestock
cg.coverage.countryColombia
cg.coverage.iso3166-alpha2CO
cg.coverage.regionLatin America
cg.coverage.regionSouth America
cg.creator.identifierKaren Enciso: 0000-0003-3264-6343
cg.creator.identifierMauricio Efren Sotelo Cabrera: 0000-0001-6923-2430
cg.creator.identifierMichael Peters: 0000-0003-4237-3916
cg.creator.identifierStefan Burkart: 0000-0001-5297-2184
cg.howPublishedFormally Publisheden
cg.identifier.doihttps://doi.org/10.17138/tgft(7)359-369en
cg.isijournalISI Journalen
cg.issn2346-3775en
cg.issue4en
cg.journalTropical Grasslandsen
cg.reviewStatusPeer Reviewen
cg.subject.ciatTROPICAL FORAGESen
cg.subject.ilriFORAGESen
cg.volume7en
dc.contributor.authorEnciso, Karenen
dc.contributor.authorSotelo, Mauricio E.en
dc.contributor.authorPeters, Michaelen
dc.contributor.authorBurkart, Stefanen
dc.date.accessioned2019-09-10T15:18:02Zen
dc.date.available2019-09-10T15:18:02Zen
dc.identifier.urihttps://hdl.handle.net/10568/103608
dc.titleThe inclusion of Leucaena diversifolia in a Colombian beef cattle production system: An economic perspectiveen
dcterms.abstractDespite the great potential of legumes in cattle production, their adoption and use throughout the tropical world remain limited. While this is largely attributed to factors such as limited knowledge or access to credit, lack of information on the viability and profitability of the technology can influence the adoption decision. The objective of this study is to evaluate the profitability of including Leucaena diversifolia, accession ILRI 15551 in a Colombian beef cattle production system. For this purpose, we use data from a grazing experiment comparing a grass-legume association (Brachiaria hybrid cv. Cayman and L. diversifolia) with a grass monoculture (cv. Cayman) in the Valle del Cauca department, both with the purpose of beef production. We use a discounted cash flow model, developed with the simulation software @Risk, which considers inherent risk and uncertainty factors in these types of rural investment projects, under three different pasture degradation scenarios. The results indicate that the inclusion of L. diversifolia is financially profitable and substantially improves the associated risk and performance indicators. Profitability indicators increased in a range of 15‒110%, and the probability of suffering economic losses decreased from 72% to 0%. The results were directly related to the increases in animal productivity (49%) and efficiency resulting from including the legume. This work shows that L. diversifolia has significant potential to increase both animal production and profitability, which is conducive to the sustainable intensification of beef production in grazing systems.en
dcterms.accessRightsOpen Access
dcterms.audienceScientistsen
dcterms.available2019-09-03
dcterms.bibliographicCitationEnciso, Karen; Sotelo, Mauricio; Peters, Michael & Burkart, Stefan (2019). The inclusion of Leucaena diversifolia in a Colombian beef cattle production system: An economic perspective. Tropical Grasslands - Forrajes Tropicales, 7(4): 359-369en
dcterms.extentp. 359-369en
dcterms.issued2019
dcterms.languageen
dcterms.licenseCC-BY-4.0
dcterms.publisherInternational Center for Tropical Agricultureen
dcterms.subjectfeed cropsen
dcterms.subjectgrassesen
dcterms.subjectlegumesen
dcterms.subjectmonte carlo methoden
dcterms.subjectrisk analysisen
dcterms.subjectanálisis de riesgosen
dcterms.subjectcattleen
dcterms.subjectleucaena diversifoliaen
dcterms.typeJournal Article

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