To expand financial knowledge and promote the socioeconomic sustainability of agricultural production systems, this work applied financial instruments to small-scale irrigated crops, making use of agricultural projects from the Bom Sucesso/Santa Cruz Settlement, located in the Tocantins-Araguaia basin, Brazil. The economic viability indicators of two irrigated okra production systems (furrow and drip) were calculated using the following indicators: Net Present Value, Modified Internal Rate of Return, Cost–Benefit Index, Discounted Payback, and Average Cost of Production. And a risk assessment through sensitivity analysis, a tornado chart, and Monte Carlo simulation was performed in a simplified financial model. The economic viability results showed that both irrigated systems were economically viable, although the okra drip system had lower indicators and reduced financial resilience, with a 58% probability of success, while the furrow system’s was 89%. The crops’ financial return was mainly influenced by okra’s sale price and productivity, followed by harvesting and planting costs. The financial tools applied in this study demonstrated some key factors to assess socioeconomic sustainability, such as the necessity to increase producers’ organizational capacity and to achieve technical improvements, which could result in market power, competitive sale prices, lower input costs, and greater productivity. The applied instruments increased financial management and have the potential to the build economic and social strength in the area of small-scale irrigated crops, and they can be replicated using simplified tools for producers, companies, and policy makers.
This work analyzed the economic viability of four charcoal productive systems from Minas Gerais state, namely: fornos-fornalha, rabo-quente, encosta and superfície. The evaluated systems have an estimated productive capacity of about 100 cubic meters of charcoal per month. Implementation and maintenance expenses and productive parameters were obtained in the literature and from local producers of Lamim (MG), a productive center in the state, during the year of 2018. Silvicultural costs were not considered, only the wood purchase. For the economic evaluation, Net Present Value (NPV), Modified Internal Rate of Return (MIRR), Payback, capex and opex were analyzed, and it was also evaluated the systems’ economic sensitivity to charcoal price and gravimetric yield variations. The main results showed that all the systems were economically viable by NPV criteria; only rabo-quente system was not viable by MIRR criteria; fornos-fornalha system presented the best economic results, greater capacity of net revenues and free cash flow generation, and lower operational expenses. This productive system was also less sensitive to charcoal price fluctuations and to its charcoal yield reduction. Given this fact, its insertion may be attractive in the productive reality of small and medium producers. In addition, the possibility of selling charcoal fines resulted in improvements in economic indicators, especially for traditional production systems: rabo-quente and encosta.
The objective of this work was to evaluate the technical and economic cutting age of forest plantations considering the wood market under volumetric and gravimetric measurement units. Volumetric production and wood basic density for Eucalyptus urophylla clones stands were obtained from a forest company in the Jequitinhonha’s region, Minas Gerais State, for ages of 3 to 9 years. It was estimated: mass per hectare; technical cutting age (TCA) for volume and mass; and economic viability at different interest rates. Data was divided by three clones, being the denser (C), passing through (B) median density, and less denser (A). The results showed that in alternating volumetric for gravimetric unit, the TCA occurs at least one year later. For the economic analysis, the results demonstrated that projects for wood commercialization by gravimetric measurement are economically viable when using high-density clones, due to the higher amount of mass per volume. For clones with low density and high volumetric productivity, the analysis must be done from a volumetric point of view, as the economic results were 23% higher than in the mass analysis. It was concluded that the adoption of the gravimetric unit of measure in the forest sector tends to cause significant changes in project management, improving wood characteristics for energy by postponing the cutting age and making more sensible the genetic material selection.
This article aimed to identify most suitable areas for the implementation of irrigation systems in the Midwest portion of the Tocantins-Araguaia Basin, through the application of Multicriteria Analysis, based on the socioeconomic indicators of the 178 municipalities that make up this region. Methodologically, based on bibliographic and documentary research, socioeconomic indicators, were selected, in a range that would allow an economic, demographic, social and environmental characterization of the basin and, at the same time, delimit areas suitable for projects of irrigation, through interviews with experts of the field of irrigation and multi-criteria analysis. The results showed that the basin has 29.2% of its area restricted to the implementation of irrigation systems; on the other hand, more than 70% of the basin area had high and very high suitability class. It is concluded that the multicriteria analysis method was satisfactory for this study, facilitating decision-making, in line with the objectives of the National Irrigation Policy, that aim to promote local and regional development, with priority for regions with low indicators social and economic.