Economic analysis of alternatives for second rotations in Eucalyptus globulus plantations in southeast Uruguay
Eucalyptus globulus is one of the most planted forest species in Uruguay. However, its high susceptibility to diseases has determined that in recent years most plantations reaching harvest are replaced by other species, mainly E. dunnii and E. smithii. The decision whether to maintain the plantation...
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| Format: | Article |
| Language: | English |
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Universidad de la República, Facultad de Agronomía
2023-04-01
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| Series: | Agrociencia Uruguay |
| Subjects: | |
| Online Access: | https://agrocienciauruguay.uy/index.php/agrociencia/article/view/976/1367 |
| _version_ | 1797847919216295936 |
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| author | Gustavo Balmelli Pilar Gasparri Virginia Morales Olmos |
| author_facet | Gustavo Balmelli Pilar Gasparri Virginia Morales Olmos |
| author_sort | Gustavo Balmelli |
| collection | DOAJ |
| description | Eucalyptus globulus is one of the most planted forest species in Uruguay. However, its high susceptibility to diseases has determined that in recent years most plantations reaching harvest are replaced by other species, mainly E. dunnii and E. smithii. The decision whether to maintain the plantation for an additional rotation as coppice crop or to carry out a replanting depends on the expected economic results of both alternatives. Therefore, the objective of this research was to estimate the profitability of a coppice crop of E. globulus and that of a new plantation, with two different species, E. dunnii and E. smithii. In addition, a sensitivity analysis was carried out to study the impact of eventual variations in plantation productivity, in distance to the point of sale, and in the price of wood. Results showed that the three alternatives analyzed are economically viable, but that the management as coppice crop and the replanting with E. smithii are more profitable than replanting with E. dunnii. On the other hand, the coppice management is the alternative that requires less investment and that presents fewer risks, since it is less sensitive to changes in the main variables that determine the economic result. |
| first_indexed | 2024-04-09T18:19:02Z |
| format | Article |
| id | doaj.art-9aad8c5caf064163bec5afaa3c4c3512 |
| institution | Directory Open Access Journal |
| issn | 2730-5066 |
| language | English |
| last_indexed | 2024-04-09T18:19:02Z |
| publishDate | 2023-04-01 |
| publisher | Universidad de la República, Facultad de Agronomía |
| record_format | Article |
| series | Agrociencia Uruguay |
| spelling | doaj.art-9aad8c5caf064163bec5afaa3c4c35122023-04-12T13:48:56ZengUniversidad de la República, Facultad de AgronomíaAgrociencia Uruguay2730-50662023-04-0127e97610.31285/AGRO.27.976Economic analysis of alternatives for second rotations in Eucalyptus globulus plantations in southeast UruguayGustavo Balmelli0https://orcid.org/0000-0002-5762-4207Pilar Gasparri1https://orcid.org/0009-0002-0996-6381Virginia Morales Olmos2https://orcid.org/0000-0002-3963-7864Instituto Nacional de Investigación Agropecuaria (INIA), Sistema Forestal, Estación Experimental del Norte, Tacuarembó, UruguayInstituto Nacional de Investigación Agropecuaria (INIA), Sistema Forestal, Estación Experimental del Norte, Tacuarembó, UruguayUniversidad de la República, CENUR Noreste, Sede Tacuarembó, Tacuarembó, UruguayEucalyptus globulus is one of the most planted forest species in Uruguay. However, its high susceptibility to diseases has determined that in recent years most plantations reaching harvest are replaced by other species, mainly E. dunnii and E. smithii. The decision whether to maintain the plantation for an additional rotation as coppice crop or to carry out a replanting depends on the expected economic results of both alternatives. Therefore, the objective of this research was to estimate the profitability of a coppice crop of E. globulus and that of a new plantation, with two different species, E. dunnii and E. smithii. In addition, a sensitivity analysis was carried out to study the impact of eventual variations in plantation productivity, in distance to the point of sale, and in the price of wood. Results showed that the three alternatives analyzed are economically viable, but that the management as coppice crop and the replanting with E. smithii are more profitable than replanting with E. dunnii. On the other hand, the coppice management is the alternative that requires less investment and that presents fewer risks, since it is less sensitive to changes in the main variables that determine the economic result.https://agrocienciauruguay.uy/index.php/agrociencia/article/view/976/1367financial analysiscoppicereplanting |
| spellingShingle | Gustavo Balmelli Pilar Gasparri Virginia Morales Olmos Economic analysis of alternatives for second rotations in Eucalyptus globulus plantations in southeast Uruguay Agrociencia Uruguay financial analysis coppice replanting |
| title | Economic analysis of alternatives for second rotations in Eucalyptus globulus plantations in southeast Uruguay |
| title_full | Economic analysis of alternatives for second rotations in Eucalyptus globulus plantations in southeast Uruguay |
| title_fullStr | Economic analysis of alternatives for second rotations in Eucalyptus globulus plantations in southeast Uruguay |
| title_full_unstemmed | Economic analysis of alternatives for second rotations in Eucalyptus globulus plantations in southeast Uruguay |
| title_short | Economic analysis of alternatives for second rotations in Eucalyptus globulus plantations in southeast Uruguay |
| title_sort | economic analysis of alternatives for second rotations in eucalyptus globulus plantations in southeast uruguay |
| topic | financial analysis coppice replanting |
| url | https://agrocienciauruguay.uy/index.php/agrociencia/article/view/976/1367 |
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