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Budgeting Costs and Returns for Southwest Florida Citrus Production, 2003-041
Ronald P. Muraro, Fritz M. Roka, and Robert E. Rouse2The following is the abstract of a much larger report, which is only available in pdf format. To access the complete report, please click here .
Abstract
Estimated costs and returns of growing processed-market round oranges and fresh-market seedless grapefruit in the Southwest area of Florida are presented for the eighth consecutive year. The format presented may be used by individual growers to budget costs and returns, utilizing individual data on groves.Key words: citrus, budgeting, costs, round oranges, seedless grapefruit, Southwest Florida.
NOTE: Southwest Florida refers primarily to Charlotte, Collier, Glades, Hendry and Lee Counties. However, the costs shown are applicable to other South Central Florida counties such as DeSoto, Okeechobee, and Sarasota.
The budgeted cost information presented herein is the most current available. The budget cost items have been revised to reflect current grove practices being used by growers (e.g., chemical mowing, different spray materials and rates of fertilization, microsprinkler irrigation, more reset trees, etc.). Thus, the 2003-04 budget costs reflect lower fertilizer and pesticide materials costs and increased per acre yield due to higher per acre tree densities.
The budget costs in this report represent an owner-managed operation for production of oranges for processing and grapefruit for the fresh market. Therefore, the 10 percent handling and supervision charge added to the material cost for a custom-managed operation is not included in the costs.
Although the estimated annual per acre grove costs listed are representative of a mature citrus grove (10+ years old), the grove care costs for a specific grove site may differ depending on tree age, tree density and grove practices performed (e.g., spot herbicide for grass/brush regrowth under trees could add an additional $9.50 per acre; Diaprepes control could add $73.20 per acre for each foliar application; extensive tree loss due to blight or tristeza could substantially increase the tree replacement and care costs; spray applications to control citrus leafminer and nematicide applications, such as Temik at $109.43 per acre, could increase the total cultural costs per acre above the average costs shown in the comparative budgets; or travel and set-up costs may vary due to size of the citrus grove and distance from grove equipment barn and could add $25.98 per acre.
Footnotes
1. This is EDIS document FE528, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published February 2005. Please visit the EDIS website at http://edis.ifas.ufl.edu.2. Ronald P. Muraro, Professor and Extension farm management economist, Department of Food and Resource Economics, Citrus Research and Education Center, Lake Alfred, FL; Fritz M. Roka, Associate Professor, Department of Food and Resource Economics, Southwest Florida Research and Education Center, Immokalee, FL; and Robert E. Rouse, Associate Professor, Department of Horticultural Sciences, Southwest Florida Research and Education Center, Immokalee, FL, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, 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.
Copyright Information
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