Livestock valuation: an assessment model based on sow age

[EN] Food supply in Europe is based on the consumption of meat ¿ of which pork is the most consumed. The livestock sector represents some 40% of total agricultural production. Livestock farms need tools for business management and valuation in order to make business productivity estimates and determ...

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Autores: Guaita-Pradas, Inmaculada|||0000-0003-4116-2375, Pérez-Salas Sagreras, Jose Luis|||0000-0003-0773-4931, Fenollosa Ribera, M. Loreto|||0000-0001-5707-6418
Tipo de recurso: artículo
Fecha de publicación:2017
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/109828
Acceso en línea:https://riunet.upv.es/handle/10251/109828
Access Level:acceso abierto
Palabra clave:Evaluation
Breeding
Pig farm
Management
Net Present Value
ECONOMIA, SOCIOLOGIA Y POLITICA AGRARIA
ECONOMIA FINANCIERA Y CONTABILIDAD
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spelling Livestock valuation: an assessment model based on sow ageGuaita-Pradas, Inmaculada|||0000-0003-4116-2375Pérez-Salas Sagreras, Jose Luis|||0000-0003-0773-4931Fenollosa Ribera, M. Loreto|||0000-0001-5707-6418EvaluationBreedingPig farmManagementNet Present ValueECONOMIA, SOCIOLOGIA Y POLITICA AGRARIAECONOMIA FINANCIERA Y CONTABILIDAD[EN] Food supply in Europe is based on the consumption of meat ¿ of which pork is the most consumed. The livestock sector represents some 40% of total agricultural production. Livestock farms need tools for business management and valuation in order to make business productivity estimates and determine compensation, as well as calculate average and marginal costs. Pig farmers need to determine the optimal time for culling a sow: meaning that for livestock depreciation it is necessary to determine the value of sows depending on their age. In this study, a model is shown for valuing a sow according to its productive life and net present value generated. In the same way as any asset in a production process, the economic value of a sow should be estimated by its contribution to the process of generating future profits. The distribution of costs depends on the size of the farm, and so three sizes of farms are considered: fewer than 250 hybrid sows; 251 to 500 sows; and more than 500 sows. The economic values of the sows were obtained according to their age and number of farrowing. The models show variations between differently sized farms.EDP SciencesFacultad de Administración y Dirección de EmpresasDepartamento de Economía y Ciencias SocialesCentro de Investigación de Ingeniería EconómicaEscuela Técnica Superior de Ingeniería Agronómica y del Medio NaturalRepositorio Institucional de la Universitat Politècnica de València Riunet20172017-01-01journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://riunet.upv.es/handle/10251/109828reponame:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valénciainstname:Universitat Politècnica de València (UPV)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Reconocimiento (by)http://creativecommons.org/licenses/by/4.0/info:eu-repo/semantics/openAccessoai:riunet.upv.es:10251/1098282026-06-13T07:49:27Z
dc.title.none.fl_str_mv Livestock valuation: an assessment model based on sow age
title Livestock valuation: an assessment model based on sow age
spellingShingle Livestock valuation: an assessment model based on sow age
Guaita-Pradas, Inmaculada|||0000-0003-4116-2375
Evaluation
Breeding
Pig farm
Management
Net Present Value
ECONOMIA, SOCIOLOGIA Y POLITICA AGRARIA
ECONOMIA FINANCIERA Y CONTABILIDAD
title_short Livestock valuation: an assessment model based on sow age
title_full Livestock valuation: an assessment model based on sow age
title_fullStr Livestock valuation: an assessment model based on sow age
title_full_unstemmed Livestock valuation: an assessment model based on sow age
title_sort Livestock valuation: an assessment model based on sow age
dc.creator.none.fl_str_mv Guaita-Pradas, Inmaculada|||0000-0003-4116-2375
Pérez-Salas Sagreras, Jose Luis|||0000-0003-0773-4931
Fenollosa Ribera, M. Loreto|||0000-0001-5707-6418
author Guaita-Pradas, Inmaculada|||0000-0003-4116-2375
author_facet Guaita-Pradas, Inmaculada|||0000-0003-4116-2375
Pérez-Salas Sagreras, Jose Luis|||0000-0003-0773-4931
Fenollosa Ribera, M. Loreto|||0000-0001-5707-6418
author_role author
author2 Pérez-Salas Sagreras, Jose Luis|||0000-0003-0773-4931
Fenollosa Ribera, M. Loreto|||0000-0001-5707-6418
author2_role author
author
dc.contributor.none.fl_str_mv Facultad de Administración y Dirección de Empresas
Departamento de Economía y Ciencias Sociales
Centro de Investigación de Ingeniería Económica
Escuela Técnica Superior de Ingeniería Agronómica y del Medio Natural
Repositorio Institucional de la Universitat Politècnica de València Riunet
dc.subject.none.fl_str_mv Evaluation
Breeding
Pig farm
Management
Net Present Value
ECONOMIA, SOCIOLOGIA Y POLITICA AGRARIA
ECONOMIA FINANCIERA Y CONTABILIDAD
topic Evaluation
Breeding
Pig farm
Management
Net Present Value
ECONOMIA, SOCIOLOGIA Y POLITICA AGRARIA
ECONOMIA FINANCIERA Y CONTABILIDAD
description [EN] Food supply in Europe is based on the consumption of meat ¿ of which pork is the most consumed. The livestock sector represents some 40% of total agricultural production. Livestock farms need tools for business management and valuation in order to make business productivity estimates and determine compensation, as well as calculate average and marginal costs. Pig farmers need to determine the optimal time for culling a sow: meaning that for livestock depreciation it is necessary to determine the value of sows depending on their age. In this study, a model is shown for valuing a sow according to its productive life and net present value generated. In the same way as any asset in a production process, the economic value of a sow should be estimated by its contribution to the process of generating future profits. The distribution of costs depends on the size of the farm, and so three sizes of farms are considered: fewer than 250 hybrid sows; 251 to 500 sows; and more than 500 sows. The economic values of the sows were obtained according to their age and number of farrowing. The models show variations between differently sized farms.
publishDate 2017
dc.date.none.fl_str_mv 2017
2017-01-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://riunet.upv.es/handle/10251/109828
url https://riunet.upv.es/handle/10251/109828
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Reconocimiento (by)
http://creativecommons.org/licenses/by/4.0/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Reconocimiento (by)
http://creativecommons.org/licenses/by/4.0/
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv EDP Sciences
publisher.none.fl_str_mv EDP Sciences
dc.source.none.fl_str_mv reponame:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
instname:Universitat Politècnica de València (UPV)
instname_str Universitat Politècnica de València (UPV)
reponame_str RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
collection RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
repository.name.fl_str_mv
repository.mail.fl_str_mv
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