Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective

In the lower tropics of the Colombian Caribbean, Bothriochloa pertusa (Colosuana) is a predominant grass species. However, during dry seasons forage production and quality drop significantly. Supplementation with legumes is an effective alternative to face this problem. Hay supplementation with the...

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Main Authors: Junca Paredes, Jhon Jairo, Mojica Rodríguez, José Edwin, Sotelo, Mauricio E., Burkart, Stefan
Format: Ponencia
Language:Inglés
Published: International Center for Tropical Agriculture 2023
Subjects:
Online Access:https://hdl.handle.net/10568/134566
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author Junca Paredes, Jhon Jairo
Mojica Rodríguez, José Edwin
Sotelo, Mauricio E.
Burkart, Stefan
author_browse Burkart, Stefan
Junca Paredes, Jhon Jairo
Mojica Rodríguez, José Edwin
Sotelo, Mauricio E.
author_facet Junca Paredes, Jhon Jairo
Mojica Rodríguez, José Edwin
Sotelo, Mauricio E.
Burkart, Stefan
author_sort Junca Paredes, Jhon Jairo
collection Repository of Agricultural Research Outputs (CGSpace)
description In the lower tropics of the Colombian Caribbean, Bothriochloa pertusa (Colosuana) is a predominant grass species. However, during dry seasons forage production and quality drop significantly. Supplementation with legumes is an effective alternative to face this problem. Hay supplementation with the legume Canavalia brasiliensis has shown satisfying results in terms of agronomic performance and animal productivity in cattle production. This study evaluates this intervention from an economic perspective, replicating traditional farm conditions found in the region. Profitability indicators such as Net Present Value, Internal Rate of Return, Benefit-Cost Ratio, and payment period were estimated. Results show that the adoption of this technology is economically viable. The results are relevant to cattle producers since traditional production systems are deeply rooted in the region of analysis. As our study replicated a traditional production system, sustained recommendations can be made to producers to support technological change on their farms.
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spelling CGSpace1345662025-11-05T12:52:58Z Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective Junca Paredes, Jhon Jairo Mojica Rodríguez, José Edwin Sotelo, Mauricio E. Burkart, Stefan economic analysis profitability forage canavalia bothriochloa In the lower tropics of the Colombian Caribbean, Bothriochloa pertusa (Colosuana) is a predominant grass species. However, during dry seasons forage production and quality drop significantly. Supplementation with legumes is an effective alternative to face this problem. Hay supplementation with the legume Canavalia brasiliensis has shown satisfying results in terms of agronomic performance and animal productivity in cattle production. This study evaluates this intervention from an economic perspective, replicating traditional farm conditions found in the region. Profitability indicators such as Net Present Value, Internal Rate of Return, Benefit-Cost Ratio, and payment period were estimated. Results show that the adoption of this technology is economically viable. The results are relevant to cattle producers since traditional production systems are deeply rooted in the region of analysis. As our study replicated a traditional production system, sustained recommendations can be made to producers to support technological change on their farms. 2023-12-05 2023-11-21T09:36:47Z 2023-11-21T09:36:47Z Presentation https://hdl.handle.net/10568/134566 en Open Access application/pdf International Center for Tropical Agriculture Junca Paredes, J.J.; Mojica, J.E.; Sotelo, M.; Burkart, S. (2023) Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective. Presentation prepared for The Second International Conference on farmer-centric On-Farm Experimentation #OFE2023, December 5th to 7th, 2023. Cali (Colombia): International Center for Tropical Agriculture. 9 sl.
spellingShingle economic analysis
profitability
forage
canavalia
bothriochloa
Junca Paredes, Jhon Jairo
Mojica Rodríguez, José Edwin
Sotelo, Mauricio E.
Burkart, Stefan
Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective
title Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective
title_full Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective
title_fullStr Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective
title_full_unstemmed Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective
title_short Evaluation of the forage legume Canavalia brasiliensis CIAT 17009: An economic perspective
title_sort evaluation of the forage legume canavalia brasiliensis ciat 17009 an economic perspective
topic economic analysis
profitability
forage
canavalia
bothriochloa
url https://hdl.handle.net/10568/134566
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AT sotelomauricioe evaluationoftheforagelegumecanavaliabrasiliensisciat17009aneconomicperspective
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