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dc.contributor.author Martínez García, Carlos Galdino
dc.contributor.author Callejas Juárez, Nicolás
dc.contributor.author Rogers Montoya, Nathaniel Alec
dc.contributor.author Salinas Martínez, Jesús Armando
dc.contributor.author Martínez Castañeda, Francisco Ernesto
dc.date.accessioned 2024-10-30T17:19:37Z
dc.date.available 2024-10-30T17:19:37Z
dc.date.issued 2024-05
dc.identifier.isbn 27294
dc.identifier.uri http://hdl.handle.net/20.500.11799/141508
dc.description
dc.description.abstract Background: Small-scale dairy systems are vital in rural communities and strategic for livelihoods an economic development. Objective: To estimate the economic and financial viability of small-scale dairy Representative Production Units (RPU) in the high plateau of the State of Mexico using a Monte Carlo simulation. Methodology: Net yields were estimated for a 5-year planning horizon via simulated values for the distribution of input and product processes, establishing 2022 as the base scenario. A stochastic modelling approach was used to determine the economic and financial outlook considering the cost of two sources of labor for the simulations: (1) Cost of family labor (FL); and (2) Cost of external hired labor (EL). Results: A panorama of economic viability was evidenced. However, a lack of financial wellbeing was also determined. When FL was factored in, net income was estimated in $17.99 thousand USD in 2023 and $26.35 thousand USD in 2027. On the other hand, considering EL resulted in a net income of $9.88 thousand USD in 2023 and $16.31 USD in 2027. The Net Present Value in 2027 was calculated at $-161.84 thousand USD and $-191.27 thousand USD, with FL and EL, respectively. While the RPUs were determined to be competitive, the level of risk was significant due to the high monetary value, limited degree of specialization of the RPUs, and the prevailing volatile scenario at the time. Implications: This study can enable decision-makers, on one hand, to analyze and design policies and differentiated strategies for small-scale dairy production systems. On the other hand, it can empower dairy farmers to assess scenarios of technical and productive intervention. Conclusions: The financial and economic weakening of the studied RPU could have negative implications in terms of public policy, labor, marketing, value chains, and the persistence of producers in such activity.
dc.language.iso eng es
dc.publisher Tropical and subtropical agroecosystems es
dc.rights openAccess es
dc.rights.uri http://creativecommons.org/licenses/by/4.0 es
dc.subject Planning horizon; Stochastic model; Livestock; Monte Carlo Simulation.
dc.subject.classification CIENCIAS AGROPECUARIAS Y BIOTECNOLOGÍA es
dc.title Economic and financial performance of representative small scale dairy production units to 2027 es
dc.type Artículo es
dc.provenance Científica es
dc.road Dorada es
dc.organismo Instituto de Ciencias Agropecuarias y Rurales es
dc.programa
dc.ambito Nacional es
dc.idInterno 3511


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  • Título
  • Economic and financial performance of representative small scale dairy production units to 2027
  • Autor
  • Martínez García, Carlos Galdino
  • Callejas Juárez, Nicolás
  • Rogers Montoya, Nathaniel Alec
  • Salinas Martínez, Jesús Armando
  • Martínez Castañeda, Francisco Ernesto
  • Fecha de publicación
  • 2024-05
  • Editor
  • Tropical and subtropical agroecosystems
  • Tipo de documento
  • Artículo
  • Palabras clave
  • Planning horizon; Stochastic model; Livestock; Monte Carlo Simulation.
  • Los documentos depositados en el Repositorio Institucional de la Universidad Autónoma del Estado de México se encuentran a disposición en Acceso Abierto bajo la licencia Creative Commons: Atribución-NoComercial-SinDerivar 4.0 Internacional (CC BY-NC-ND 4.0)

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