Estudo da viabilidade econômica do plantio de nogueiras

Abstract

The main focus of this study is to examine the economic viability of pecans crops in the Farm Santo Eduardo, Mariopolis-PR. This work has been justified by a real need to assess the economic viability of the venture as this kind of activity is inexistent in the Mariópolis micro region. An exploratory research was conducted in the first phase of the studyin order to investigate the production and marketing of pecans with two companies, Divinut and NozesPitol, specialized in the sale of pecan seedlings. The following phase was an interview with 11 partially defined questions, performed with the potential investor, in order to clarify the size of the area to be planted, as well as the potential aspirations related to the venture. In addition to this interview, articles related to investment analysis, economic viability, Agriculture and fruit crops in journals andspecialized magazines were consulted. Attendance to professional seminars also helped in this study. The economic viability simulations were based onindicators such as: The Net Present Value (NPV), Modified Internal Rate of Return (MIRR) which was the main method used in the analysis; Payback Period and Discounted Payback Period. Such venture appears to be technically and financially feasible. From a technical stand point, both companies, Divinut and Nozes Pitol, emphasize the pecan crop is easy to handle, low-cost production, guaranteedsales and provides great profitability. Concerning the economic feasibility, the Internal Rate of Return (IRR) is 15 % pa againstthe 12% pa expected by the investor. Nevertheless, an extra attention should be taken regarding thepayback time as pecans most often begin bearing an economic crop in the fourth year after planting, and profits only come on the 8th year. Hence this investment is characterized as a medium to long-term return.