Instrumentos de gestão para explorações de bovinos leiteiros

  • António Joaquim da Costa Oliveira (Student)

Student thesis: Master's Thesis

Abstract

This master final work had two main objectives: i) to analyze the competitiveness of the milk activity and the viability of dairy farms located in the Littoral North and Center territory of the country; and ii) to analyze the impact of a change in animals’ diet on the competitiveness of the milk activity developed and viability of the farms. The methodology used to answer the questions made use of the milk model developed by the European Commission and included a case study conducted on 12 farms associated of LEICAR. Baseline scenario results show that, on average, the 12 farms are not competitive regarding their milk activity. All farms are viable we do not consider the opportunity cost of family owned capital (including family land). Otherwise the 6 farms with less dairy cows are not viable. The sensitivity analysis shows a greater elasticity of the indicators of competitiveness of the milk activity when compared with the indicators of farm viability, in what refers to milk and feeds’ prices. CAP direct payments are less important to the viability of large scale farms. The results of the food scenario show significant improvements in competitiveness and viability indicators of farms. The 6 farms with more dairy cows are, on average, competitive in the milk activity, as opposed to the 6 farms with less dairy cows. Regarding viability, of the 12 farms analyzed only 1 is not viable with the food scenario. When comparing the extra earnings obtained by farms with the food scenario with direct CAP payments received by farms in 2013, extra earnings exceed the CAP payments in magnitude.
Date of Award6 Jul 2015
Original languagePortuguese
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorLeonardo Costa (Supervisor), Paulo Alves (Co-Supervisor) & João Niza Ribeiro (Co-Supervisor)

Keywords

  • Benchmarking
  • Dairy farms
  • Littoral North and Center
  • Meal plan
  • Competitiveness
  • Viability

Designation

  • Mestrado em Finanças

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