ECONOMIC AND COMPARATIVE PROFITABILITY OF COSTS IN SOYBEAN PRODUCTION

Resumo

The objective of this work was to verify the economic and comparative profitability of the production costs of cultivating two soybean cultivars in the southeast of Goiás. The case study was carried out in two areas A (RR soybean) and B (RR2 soybean PRO), with five-year appreciation, applying the long-term interest rate (TJLP) of 5.32% p.a. For the economic analysis, the following indicators were considered: Gross Revenue (RB), Net Revenue (RL), Benefit-Cost Ratio (RB/C), Profitability Index (IL), Updated Payback, and Internal Rate of Return (IRR). The economic profitability of area A resulted in: RB = R$ 9,257.82, RL = R$ 5,845.55, RB/C = 2.48, IL = 63.14%, Payback = 1 years and IRR = 156% and area B in: RB = R$ 7,923.74, RL = R$ 4,981.16, RB/C = 2.46, IL = 62.86%, Payback = 1 years and IRR = 155%. Both cultivars were viable, however, area A presented higher values due to its greater productivity. Therefore, it is concluded that RR and RR2 PRO soybeans are viable for regions with the same characteristics as the area analyzed, confirming RR soybeans as the most profitable.