Oil Palm Agroindustry 2019 Production Costs: a Benchmarking Study among Companies that Have Adopted Good Practices

This paper presents the results of a benchmarking study oriented towards estimating the 2019 production costs of Colombian oil palm producing companies. Participating in this study depended upon the will of the managers of the companies. It must be highlighted that the data is gathered at companies that are recognized for implementing good agricultural practices and good practices at their mills. The latter means that these results are a reference for growers and mill managers that are willing to improve their productive performance and the profitability of their businesses. In 2019, this study accounted for 29 oil palm plantations and 18 oil extraction mills, which correspond to 64.170 ha of crops out of 559.582 ha nationwide, this is 12% of the total area planted in Colombia with oil palm. Results indicate that unit costs for the group of companies evaluated in 2019 were COP 280.894 per metric ton of fresh fruit bunches (FFB) and COP 1.419.477 per metric ton of crude palm oil (CPO) for E. guineensis, while for OxG hybrids the study yielded unit costs of COP 293.450 per metric ton of FFB and COP 1.495.839 per metric ton of CPO. It was concluded that improving oil palm crop yields, expressed in terms of metric tons of FFB per hectare, requires greater investment of financial resources. However, the consequence is a lower unit cost which in turn implies greater profitability of the oil palm business.    

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Main Authors: Mosquera Montoya, Mauricio, Ruiz Á., Elizabeth, Munévar M. , Daniel, Castro Z., Luis, Díaz F., Lizzeth, López A. , Daniel
Format: Digital revista
Language:spa
Published: Fedepalma 2021
Online Access:https://publicaciones.fedepalma.org/index.php/palmas/article/view/13349
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institution FEDEPALMA
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country Colombia
countrycode CO
component Revista
access En linea
databasecode rev-palmas
tag revista
region America del Sur
libraryname Centro de Información y Documentación Palmero
language spa
format Digital
author Mosquera Montoya, Mauricio
Ruiz Á., Elizabeth
Munévar M. , Daniel
Castro Z., Luis
Díaz F., Lizzeth
López A. , Daniel
spellingShingle Mosquera Montoya, Mauricio
Ruiz Á., Elizabeth
Munévar M. , Daniel
Castro Z., Luis
Díaz F., Lizzeth
López A. , Daniel
Oil Palm Agroindustry 2019 Production Costs: a Benchmarking Study among Companies that Have Adopted Good Practices
author_facet Mosquera Montoya, Mauricio
Ruiz Á., Elizabeth
Munévar M. , Daniel
Castro Z., Luis
Díaz F., Lizzeth
López A. , Daniel
author_sort Mosquera Montoya, Mauricio
title Oil Palm Agroindustry 2019 Production Costs: a Benchmarking Study among Companies that Have Adopted Good Practices
title_short Oil Palm Agroindustry 2019 Production Costs: a Benchmarking Study among Companies that Have Adopted Good Practices
title_full Oil Palm Agroindustry 2019 Production Costs: a Benchmarking Study among Companies that Have Adopted Good Practices
title_fullStr Oil Palm Agroindustry 2019 Production Costs: a Benchmarking Study among Companies that Have Adopted Good Practices
title_full_unstemmed Oil Palm Agroindustry 2019 Production Costs: a Benchmarking Study among Companies that Have Adopted Good Practices
title_sort oil palm agroindustry 2019 production costs: a benchmarking study among companies that have adopted good practices
description This paper presents the results of a benchmarking study oriented towards estimating the 2019 production costs of Colombian oil palm producing companies. Participating in this study depended upon the will of the managers of the companies. It must be highlighted that the data is gathered at companies that are recognized for implementing good agricultural practices and good practices at their mills. The latter means that these results are a reference for growers and mill managers that are willing to improve their productive performance and the profitability of their businesses. In 2019, this study accounted for 29 oil palm plantations and 18 oil extraction mills, which correspond to 64.170 ha of crops out of 559.582 ha nationwide, this is 12% of the total area planted in Colombia with oil palm. Results indicate that unit costs for the group of companies evaluated in 2019 were COP 280.894 per metric ton of fresh fruit bunches (FFB) and COP 1.419.477 per metric ton of crude palm oil (CPO) for E. guineensis, while for OxG hybrids the study yielded unit costs of COP 293.450 per metric ton of FFB and COP 1.495.839 per metric ton of CPO. It was concluded that improving oil palm crop yields, expressed in terms of metric tons of FFB per hectare, requires greater investment of financial resources. However, the consequence is a lower unit cost which in turn implies greater profitability of the oil palm business.    
publisher Fedepalma
publishDate 2021
url https://publicaciones.fedepalma.org/index.php/palmas/article/view/13349
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spelling oai:ojs.pkp.sfu.ca:article-133492021-04-08T13:12:44Z Oil Palm Agroindustry 2019 Production Costs: a Benchmarking Study among Companies that Have Adopted Good Practices Costos de producción 2019 para la palmicultura colombiana. Estudio de referenciación competitiva entre empresas que han adoptado mejores prácticas Mosquera Montoya, Mauricio Ruiz Á., Elizabeth Munévar M. , Daniel Castro Z., Luis Díaz F., Lizzeth López A. , Daniel Unit cos cost estimation benchmarking E. guineensis OxG costo unitario referenciación competitiva E. guineensis OxG estimación de costos This paper presents the results of a benchmarking study oriented towards estimating the 2019 production costs of Colombian oil palm producing companies. Participating in this study depended upon the will of the managers of the companies. It must be highlighted that the data is gathered at companies that are recognized for implementing good agricultural practices and good practices at their mills. The latter means that these results are a reference for growers and mill managers that are willing to improve their productive performance and the profitability of their businesses. In 2019, this study accounted for 29 oil palm plantations and 18 oil extraction mills, which correspond to 64.170 ha of crops out of 559.582 ha nationwide, this is 12% of the total area planted in Colombia with oil palm. Results indicate that unit costs for the group of companies evaluated in 2019 were COP 280.894 per metric ton of fresh fruit bunches (FFB) and COP 1.419.477 per metric ton of crude palm oil (CPO) for E. guineensis, while for OxG hybrids the study yielded unit costs of COP 293.450 per metric ton of FFB and COP 1.495.839 per metric ton of CPO. It was concluded that improving oil palm crop yields, expressed in terms of metric tons of FFB per hectare, requires greater investment of financial resources. However, the consequence is a lower unit cost which in turn implies greater profitability of the oil palm business.     Este documento presenta los resultados de un estudio de referenciación competitiva orientado a estimar los costos de producción de las empresas de la agroindustria de palma de aceite colombiana en 2019. La participación dependió de la voluntad de los directivos de las empresas. Cabe destacar que los datos se recopilaron en compañías reconocidas por la implementación de mejores prácticas agrícolas y en sus plantas de beneficio. Esto último significa que los resultados son una referencia para los productores que están dispuestos a mejorar su rendimiento productivo y la rentabilidad de sus negocios. En 2019, este estudio contó con la participación de 29 plantaciones de palma de aceite y 18 plantas de beneficio de aceite, que corresponden a 64.170 ha de cultivos de palma de aceite de un total de 559.582 ha sembradas en Colombia (12 % del área total en palma). Los resultados indicaron que los costos unitarios para el grupo de empresas evaluadas en 2019 fueron de $ 280.894 por tonelada de racimos de fruta fresca (RFF) y $ 1.419.477 por tonelada de aceite de palma crudo (APC) para E. guineensis, mientras que para los híbridos OxG el estudio arrojó costos unitarios de $ 293.450 por tonelada de RFF y $ 1.495.839 por tonelada de APC. Se llegó a la conclusión de que incrementar el rendimiento de los cultivos de palma, expresado en términos de toneladas métricas de RFF por hectárea, requiere de una mayor inversión de recursos financieros. Sin embargo, la consecuencia es un menor costo unitario que a su vez implica una mayor rentabilidad del negocio de la palma de aceite. Fedepalma 2021-03-19 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://publicaciones.fedepalma.org/index.php/palmas/article/view/13349 Palmas; Vol. 41 Núm. 4; 43-54 2744-8266 spa https://publicaciones.fedepalma.org/index.php/palmas/article/view/13349/13108 https://publicaciones.fedepalma.org/index.php/palmas/article/view/13349/13109 /*ref*/Castillo, O. (2016). Palma de aceite en el Urabá antioqueño mejores prácticas en híbrido OxG. En XIII Reunión Técnica Nacional de Palma de Aceite. /*ref*/Fedepalma. (2020). Minianuario Estadístico 2020-Principales cifras de la agroindustria de la palma de aceite en Colombia. Bogotá D. C.: Fedepalma. /*ref*/Mosquera, M., Ruiz, C., Fontanilla, J., Beltrán., J. & N. Arias. (2014). Manual para el registro de costos en plantaciones de palmicultores de pequeña y mediana escala. /*ref*/Mosquera, M., Valderrama, M., Fontanilla, C., Ruiz, E., Uñate, M. & Rincón, F. (2015). Costos de producción de la agroindustria de la palma de aceite en Colombia en 2014. Revista /*ref*/Palmas, 37(2), 37-52. /*ref*/Mosquera, M., Ruiz, E., Valderrama, M., Fontanilla, C. López, D. & Castro, L. (2016). Costos de producción para el cultivo de la palma de aceite en Colombia. En Mejores prácticas agroindustriales del cultivo de la palma de aceite en Colombia, p. 401. /*ref*/Mosquera, M., Valderrama, M., Ruiz, E., López, D. & Castro, L. (2017). Costos de producción para el fruto de palma de aceite y el aceite de palma en 2015: estimación de un grupo de productores colombianos. Revista Palmas, 38(2), 11-27.