Budgeting Costs and Returns for Central Florida Citrus Production, 2002-031
Abstract
Citrus budgets are tabulated annually for the Central, Indian River, and Southwest citrus production regions of Florida. The attached pdf file contains the budget costs for a sample citrus grove situation in Central Florida. Although the sample budget costs may not represent a particular grove situation, they represent the most current comparative cost estimates for citrus in Central Florida. Also, the budget costs for Central Florida represent a custom managed operation.Besides providing the basis for many grower decisions, a budget analysis can be used to calculate potential profits from an operation and to determine the cash requirements for an operation and break-even prices. The cost data in the sample operation were developed by surveying custom operators, suppliers, growers, and County Extension Citrus Agents.Additional information on budgeting and cost analysis can be obtained by contacting the author or County Extension Agent, or by going to the Extension or Economics section of the CREC at http://www.lal.ufl.edu or the EDIS website at http://edis.ifas.ufl.edu.Footnotes
1. This is EDIS document FE432, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, UF/IFAS, University of Florida, Gainesville, FL. Published December 2003. Please visit the EDIS website at http://edis.ifas.ufl.edu.
2. Ronald P. Muraro, Professor, Department of Food and Resource Economics, Citrus Research and Education Center, Lake Alfred, FL; and W.C. Oswalt, Extension Agent, Polk and Hillsborough Counties, Bartow, FL; Florida Cooperative Extension Service, UF/IFAS, University of Florida, Gainesville, FL.The Institute of Food and Agricultural Sciences (IFAS) is an Equal
Opportunity Institution authorized to provide research, educational
information and other services only to individuals and institutions
that function with non-discrimination with respect to race, creed,
color, religion, age, disability, sex, sexual orientation, marital
status, national origin, political opinions or affiliations.
For more information on obtaining other extension publications,
contact your county Cooperative Extension service.
U.S. Department of Agriculture, Cooperative Extension Service,
University of Florida, IFAS, Florida A. & M. University Cooperative
Extension Program, and Boards of County Commissioners Cooperating. Larry Arrington, Dean.
