01812nam a2200169 a 450000100080000000500110000800800410001910000220006024500990008226001830018152011640036465000180152865300310154665300240157770000220160170000190162321348832025-07-23       2021    bl uuuu     u00u1 u    #d1 aPEREIRA, M. de A.  aEconomic viability of the low carbon brazilian beef under market risks.h[electronic resource]  aIn: WORLD CONGRESS ON INTEGRATED CROP-LIVESTOCK-FORESTRY SYSTEMS: 100% DIGITAL, 2., 2021. WCCLF 2021 proceedings. Campo Grande, MS: Embrapa Gado de Corte, 2021. p. 872-875.c2021  aABSTRACT The integrated crop-livestock systems (ICL) are alternatives to reduce GHG emissions, while increasing beef and crops production. In particular, the economic viability of new Low Carbon Brazilian Beef (LCBB) protocol remains to be proved for farmers to adopt it. The aim of this study was to analyze the economic viability of the LCBB protocol from an ICL system, under market risks, considering an alternative monetization for the protocol and various scenarios of input and output prices. A deterministic and a stochastic investment analysis was carried out using Monte Carlo simulation from @ Risk®, varying beef, soybean, urea and NPK fertilizer prices. ICL, with and without the LCBB protocol, was economically viable and presented very low market risks, given the past ten years of prices. In general, output prices were most influential on the Present Net Value. LCBB protocol improves the financial results, but implementation and running costs of the certification process must be cautiously established for the protocol to remain economically attractive to farmers. Key words: Integrated Farming Systems; Investment analysis; Risk analysis  aRisk analysis  aIntegrated Farming Systems  aInvestment analysis1 aALMEIDA, R. G. de1 aGOTARDO, N. L.