Abstract
Agroforestry systems can reduce the risks of investing in just one crop. However, there are uncertainties like other agricultural and forestry activities. Therefore, there is the need for economic studies under conditions of economic risk of agroforestry systems. This work reports an analysis of the main components of costs and revenues of an agroforestry system with coffee and banana, as well as an analysis of its economic performance through indicators: net present value, equivalent period benefit (or cost), family labor revenue and a sensitivity analysis of net present value. The main cost components in the system are the human labor and mineral and organic fertilizers applied in coffee, and the costs for the production of coffee outweigh the costs of banana production. The monthly income from the production of bananas balances the costs of coffee production, generating a positive cash flow in the studied period. Financial indicators showed positive values, demonstrating the economic viability of the system with coffee and banana. The agroforestry system is economically feasible, even with variations of ± 20% in production costs and selling prices of their products. Variables that showed greater sensitivity on the net present value were the selling price of coffee and bananas, and the cost of coffee production.
Highlights
RESUMO Os sistemas agroflorestais podem reduzir os riscos de investimento em uma só cultura, no entanto, apresentam incertezas como outras atividades agrícolas e florestais
Coffee family farmers worldwide struggle with the coffee prices volatility in conventional market (Bacon, 2004; Jena et al, 2012)
Analysis in this paper focuses on determining its main components of costs and revenues, as well as on analysis of its economic profitability and sensitivity of net present value
Summary
RESUMO Os sistemas agroflorestais podem reduzir os riscos de investimento em uma só cultura, no entanto, apresentam incertezas como outras atividades agrícolas e florestais. The sustainability of family farming systems should be supported by economic analysis, such as net present value, internal rate of return, benefit / cost ratio, payback period, remuneration of labor (Daniel et al, 2000; González; Perilla; Pulido, 2010).
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