Financial and economic analysis of the pistache crop in the Municipality of López, Chihuahua

Abstract

The cultivation of pistachio (Pistacia vera L.) started in the state of Chihuahua in the 90's, where orchards were implemented in as the municipalities of Meoqui, Ojinaga, Casas Grandes, Salaices and Delicias, where they have potential of productivity with satisfactory development. The objectives were to analyze the feasibility of the economic and financial investment of the pistachio production in the ranch “El Último Esfuerzo”, located at the municipality of López, Chihuahua, as well as to identify the equipment and other required inputs, and to investigate government agencies that could support the project. The Baca Urbina methodology was used, with indicators such as NPV, IRR, B / C. It was found that there is a niche of opportunity for cultivation in the region; It is a rustic species, with a simple agronomic management, and the implantation costs are achievable. The largest investment to be made is the installation of micro-sprinkler irrigation, as well as investment in plant material. It requires an initial investment of $ 182,491.28, and presents a return on investment from the ninth year, since it is a long-term project. Once the profitability analysis was carried out, it was found that the project has a NPV of $ 208,250.86, IRR of 14.66% and a B / C Ratio of 1.76, for which it is feasible.