Economic feasibility of red meat projects in Qena governorate

Abo-Zaed, El Sayed M.; Mohamed, Mohamed; Mahmoud, Montasr Mohamed; Mohamed, Zahraa Bastawy

doi:10.21608/jesj.2021.208235

Economic feasibility of red meat projects in Qena governorate

Document Type : High quality original papers

Authors

¹ Agriculture Economics Department, Faculty of Agriculture, Sohag University, 82524 Sohag, Egypt.

² Agricultural Economics Department, Faculty of Agriculture, South Valley University, Qena, Egypt.

10.21608/jesj.2021.208235

Abstract

The aim of this research was to conduct a study on the economic feasibility of a mixed cow production project by estimating the expected investment and operational costs of the project, estimating the expected revenues and returns for the project, calculating the project’s financial and economic evaluation indicators using discounted and non-discounted measures, and analyzing the project’s sensitivity to unfavorable conditions. The financial analysis of the mixed beef production farms, of the first, second and third categories, indicated that the internal rate of return for these projects was estimated at about 18.97%, 17.82% and 18.93%, respectively. The study recommended the encouragement of investors to enter the field of fattening mixed cow calves and working to reduce the imported quantities of both meat and fish. The study also recommended facilitating lending processes for graduates who are interested in desert land reclamation and increased the productivity of meat-producing animals through genetic improvement, improvement of breeding systems, and nutrition and veterinary care. The study also mentioned the role of agricultural cooperatives in providing concentrated feed, and attention to the role of scientific research in fattening livestock to bridge the gap in meat production.

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