Reforestación de Eucalyptus sp. en Río Negro

The project represents a pre-feasibility study for a forestry system made up of Eucalyptus grandis and Eucalyptus dunnii. The work was proposed to be carried out on the coast of Uruguay, in the department of Rio Negro. The property is located two kilometers from the town of Algorta, where there are many companies dedicated to afforestation, which ensures good availability and quality of services. A plot of 1,993 hectares was chosen, of which 1,295 are effectively planted. The soils present on the plot are 9.3, 9.1, and 10.15. Both species are planted due to the frost resistance of Eucalyptus dunnii. The destination of the production will be the cellulose pulp market due to the logistical location of the property, which averages a distance of 140 kilometers from both UPM plants. After making the financial analysis of the proposal, it was concluded that the most relevant costs are those of the value of the property and the plantation. Within the income, the price and volume of wood are the most important. From the results of this financial analysis, an IRR of 10.9% was obtained, which far exceeds the stated objective of 7%. Although the results are positive, the investor must secure the sale price through a contract to reduce risks. Because it will be an isolated producer and it may be difficult for it to obtain good prices if it waits until the end of the cycle to look for a buyer.