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n and thereby in ecosystem functioning.The intensification of milk production in Brazil in the past decade has imposed great stress on the environment. Therefore, it is very important to find a balance between economic, social, and environmental objectives. The paper assesses the economic costs by production systems confined feedlot, semi-confined feedlot, and pasture in the south of the country. The economic assessment was realized on some investment analysis tools and the GHG emissions costs for the different production systems indica