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Publication #FE688

Florida Production Budgets and Agribusiness Analysis1

Scott A. Smith2

This document presents access information and a listing of production budgets for livestock and the following crops: citrus, field, forage, fruit and nuts, tropical fruits and vegetables, and vegetables. Also, included is a web link to a business analysis of ornamental plant nurseries for various areas of Florida (a shortened version of the business analysis can be found on the EDIS website). These reports are produced and maintained by the University of Florida, Institute of Food and Agricultural Sciences (UF/IFAS), Food and Resource Economics Department (FRED), and are available through the department website (http://www.fred.ifas.ufl.edu) under the link entitled Extension Programs. In total, 118 current production reports are available, many with historical archives.

The budgets presented in this report are intended to reflect the cost of production incurred when production practices that are considered typical for any given crop in a given area are followed. What constitutes a typical production practice for each crop was defined by a consensus of opinion between UF/IFAS personnel and various producers in each production area. It should be emphasized that cost estimates resulting from this process should not be considered as representing the average cost of production in a statistical sense nor should they be considered as necessarily relating to recommended production practices. The intent of these cost budgets is to establish a benchmark within the range of actual costs that could be expected to produce the crop. An interactive tool to prepare personalized production budgets in a generalized format similar to those listed can be found at the Food and Resource Economics Department website under Extension Programs, Florida Commodity Budgets, Tropical Fruits and Vegetables (Interactive Tools).

The business analysis of ornamental nurseries presents information on sales, production, costs, assets and liabilities, and efficiency indicators for wholesale ornamental plant nurseries in Florida. Nursery products represented among the sampled firms include container- and field-grown woody ornamentals, tropical foliage, flowering plants, and cut foliage. The information presented was made possible by the owners and managers of cooperating wholesale ornamental plant nursery firms that made their records available on a confidential basis for analysis. Additional assistance was provided by University of Florida Extension ornamental horticultural agents. It should be noted that these data are not budgets in the usual sense of a listing of per acre quantities and costs, but rather are whole firm averages for operating expenses. There is a new interactive system for financial benchmark analysis at the Food and Resource Economics Department website under Extension Programs, Horticultural Business Mangement.

Table 1 contains information for each production area and crop listed below, along with hyperlinks to the data and the appropriate person(s) to contact.

  • Citrus

  • Field Crops

  • Forage Crops

  • Fruit and Nuts

  • Livestock

• Ornamental Nurseries

• Tropical Fruit and Vegetables

• Vegetables

Tables

Table 1. 

All available commodity budgets.

ALL AVAILABLE COMMODITY BUDGETS

 

CITRUS

Central Florida

Indian River

Southwest

Contact person(s): Ron Muraro, Citrus Research and Education Center (CREC), Lake Alfred, FL

 

FIELD CROPS

Dryland Corn

Peanuts

Tobacco, Flue Cured

Irrigated Corn

Peanuts, Irrigated

Tobacco, Hand Harvested

Strip Till Corn

Peanuts, Additional Acreage

Tobacco, Mechanical

Cotton, Conventional

Sorghum

Wheat, Intensively Managed

Cotton, RR Dryland

Sorghum, Double-Cropped

Wheat

Cotton, Strip Till, Bt RR Dryland

Soybeans

 

Cotton, Strip Till, Bt Irrigated

Soybeans, Double-Cropped

 

Contact person(s): Tim Hewitt or John Smith, North Florida Research and Education Center, Marianna, FL

 

FORAGE CROPS

NORTH FLORIDA

Aeschyno

Oats

Rye on Bahia

Alfalfa Hay

Pearl Millet

Rye-Ryegrass

Bahai

Perennial Peanut

Rye-Ryegrass-Clover

Bermuda

Red Clover

Star-Limpos-Digitgrass

Crimson Clover

Rhodes Grass

Sorghum-Sudan

Millet

Ryegrass

 

Contact person(s): Tim Hewitt or John Smith, North Florida Research and Education Center (NFREC), Marianna

 

SOUTH FLORIDA

Bahia, Establishment on Native/Flatwood

Bahia, Establishment on Previous Established

Bahia, Growing Costs

Digit, Star, Bermuda, Establishment on Native/Flatwood

Digit, Star, Bermuda, Establishment on Previous Established

Digit, Growing Cost

Star, Bermuda, Growing Cost

Limpo, Establishment on Native/Flatwood

Limpo, Establishment on Previous Established

Limpo, Growing Cost

 

Contact person(s): Scott Smith, Food and Resource Economics Department, University of Florida-Gainesville

 

FRUITS AND NUTS

Blackberries

Bunch Grapes

Peaches

Blueberries

Muscadine Grapes

Pecans

Contact person(s): Tim Hewitt or John Smith, North Florida Research and Education Center (NFREC), Marianna

 

LIVESTOCK

Cattle

   

Contact person(s): Tim Hewitt or John Smith, North Florida Research and Education Center (NFREC), Marianna

 

ORNAMENTAL NURSERIES

WOODY ORNAMENTAL:

Container-Grown

Field-Grown

OTHER:

Tropical Foliage

Flowering Plants

Contact person(s): Alan Hodges, Food and Resource Economicis Department, University of Florida-Gainesville

 

TROPICAL FRUIT AND VEGETABLES

FRUIT CROPS

Avocado

Guava

Melon

Banana

Lemon-Lime

Orange

Carambola

Longan

Papaya

Cherry

Lychee

Pineapple

Fig

Mamey Sapote

Strawberry

Grape

Mandarin

 

Grapefruit

Mango

 
 

VEGETABLES

Asparagus

Cucumber

Table Potato

Bell Pepper

Garlic

Spinach

Bush Bean

Leek

Summer Squash

Cabbage

Lettuce

Sweet Corn

Carrot

Onion

Tomato

Celery

Pea

 

Contact person(s): Scott Smith or Edward "Gilly" Evans

Smith: Food and Resource Economics Department, University of Florida-Gainesville

Evans: Tropical Research and Education Center (TREC), Homestead

 

VEGETABLES

NORTH FLORIDA

Bell Pepper

Okra

Squash

Cantaloupe

Onion

Sweeet Corn

Collard Green

Snap Bean

Tomato

Cucumber (on Plastic)

Southern Pea

Watermelon

Lima Bean

   

Contact person(s): Tim Hewitt or John Smith, North Florida Research and Education Center, Marianna

CENTRAL & SOUTH FLORIDA

Bush Bean

Eggplant

Summer Squash

Cabbage

Green Pepper

Strawberry

Sweet Corn

Chip Potato

Tomato

Cucumber

Table Potato

Watermelon

Contact person(s): Scott Smith, Food and Resource Economics Department, University of Florida-Gainesville

Footnotes

1.

This is EDIS document FE688, a publication of the Food and Resource Economics Department, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published May 2007. Reviewed February 2011. Please visit the EDIS website at http://edis.ifas.ufl.edu.

2.

Scott A. Smith, Coordinator of Economic Analysis, Food and Resource Economics Department, 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 UF/IFAS Extension publications, contact your county's UF/IFAS Extension office.

U.S. Department of Agriculture, UF/IFAS Extension Service, University of Florida, IFAS, Florida A & M University Cooperative Extension Program, and Boards of County Commissioners Cooperating. Nick T. Place, dean for UF/IFAS Extension.