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 Front Cover
 Abstract
 Acknowledgements
 Table of Contents
 List of Tables
 Main
 Reference
 Addenda


FLAG IFAS PALMM UF



Budgeting costs and returns for Southwest Florida citrus production
ALL VOLUMES CITATION SEARCH THUMBNAILS PAGE IMAGE ZOOMABLE
Full Citation
STANDARD VIEW MARC VIEW
Permanent Link: http://ufdc.ufl.edu/UF00026155/00002
 Material Information
Title: Budgeting costs and returns for Southwest Florida citrus production
Series Title: Economic information report
Portion of title: Southwest Florida citrus production
Physical Description: v. : ; 28 cm.
Language: English
Creator: Muraro, R. P
Holcomb, Edgar D
University of Florida -- Food and Resource Economics Dept
Publisher: Food & Resource Economics Dept., Agricultural Experiment Stations and Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida
Place of Publication: Gainesville
Creation Date: 1987
Frequency: annual
regular
 Subjects
Subjects / Keywords: Citrus fruit industry -- Economic aspects -- Florida   ( lcsh )
Citrus fruits -- Marketing -- Florida   ( lcsh )
Genre: government publication (state, provincial, terriorial, dependent)   ( marcgt )
serial   ( sobekcm )
 Notes
General Note: Description based on: 1986-87; title from cover.
Funding: Florida Historical Agriculture and Rural Life
 Record Information
Source Institution: Marston Science Library, George A. Smathers Libraries, University of Florida
Holding Location: Florida Agricultural Experiment Station, Florida Cooperative Extension Service, Florida Department of Agriculture and Consumer Services, and the Engineering and Industrial Experiment Station; Institute for Food and Agricultural Services (IFAS), University of Florida
Rights Management: All rights reserved, Board of Trustees of the University of Florida
Resource Identifier: aleph - 001596350
oclc - 21057551
notis - AHM0449
lccn - sn 91022495
System ID: UF00026155:00002

Table of Contents
    Front Cover
        Front cover
    Abstract
        Page i
    Acknowledgements
        Page i
    Table of Contents
        Page ii
    List of Tables
        Page iii
    Main
        Page 1
        Page 2
        Page 3
        Page 4
        Page 5
        Page 6
        Page 7
        Page 8
        Page 9
    Reference
        Page 10
    Addenda
        Page 11
        Page 12
        Page 13
        Page 14
        Page 15
        Page 16
        Page 17
        Page 18
        Page 19
        Page 20
        Page 21
        Page 22
        Page 23
        Page 24
        Page 25
        Page 26
        Page 27
        Page 28
Full Text
loo
F r.ZRe-
2 lr
Ronald P. Muraro
Charles Matthews


Economic Information
Report 246


Budgeting Costs and Returns for Southwest
Florida Citrus Production, 1987-88


Central Science
Library
.JUN 5 198'
University of Florida


Food & Resource Economics Department
Agricultural Experiment Stations and
Cooperative Extension Service
Institute of Food and Agricultural Sciences
University of Florida, Gainesville 32611


June 1988















ABSTRACT


Estimated costs and returns of growing processed market round
oranges and fresh market seedless grapefruit in the Southwest area of
Florida are presented. The format presented may be used by individual
growers to budget costs, utilizing individual data on specific groves.

Key words: citrus, budgeting, costs, round oranges, seedless
grapefruit and Southwest Florida.



NOTE: Southwest Florida refers to those counties in the Florida
Agricultural Statistics Service "Southern Production Area."
However, the costs shown are applicable to other South Central
Florida counties such as DeSoto and Sarasota counties.






ACKNOWLEDGEMENTS


Appreciation is extended to Mrs. Jane Wilson for typing the final
draft of this manuscript.

Appreciation is also extended to citrus growers and production
managers of Southwest Florida who provided suggestions for the revision
of this manuscript.















ABSTRACT


Estimated costs and returns of growing processed market round
oranges and fresh market seedless grapefruit in the Southwest area of
Florida are presented. The format presented may be used by individual
growers to budget costs, utilizing individual data on specific groves.

Key words: citrus, budgeting, costs, round oranges, seedless
grapefruit and Southwest Florida.



NOTE: Southwest Florida refers to those counties in the Florida
Agricultural Statistics Service "Southern Production Area."
However, the costs shown are applicable to other South Central
Florida counties such as DeSoto and Sarasota counties.






ACKNOWLEDGEMENTS


Appreciation is extended to Mrs. Jane Wilson for typing the final
draft of this manuscript.

Appreciation is also extended to citrus growers and production
managers of Southwest Florida who provided suggestions for the revision
of this manuscript.















TABLE OF CONTENTS


Page

ABSTRACT. . . . . . . i

ACKNOWLEDGEMENT . . . . . i

LIST OF TABLES. . . ... . ... . . i

INTRODUCTION. . . . . . 1

METHOD OF DATA COLLECTION . . . .... ... 1

COSTS AND INPUTS. . . . .... . 1

THE GROVE SITUATION . . . . ... ..... 2

BUDGET COSTS AND RETURNS. . . . . ... 7

REFERENCES. . . . . .. . . 10

ADDENDA . . . . . . . 11



























ii














LIST OF TABLES


Table

1 Schedule of production practices and budget items for a
Southwest Florida mature, round orange grove, 1987-88 3

2 Schedule of production practices and budget items for a
Southwest Florida mature, seedless grapefruit grove,
1987-88 . . . . . 4

3 Calculation of normal production per tree and per acre
for 'Hamlin' oranges, 1987-88 . . . 6

4 Calculation of normal production per tree and per acre
for red seedless grapefruit, 1987-88. . . 6

5 Estimated annual per acre costs for a mature, 'Hamlin'
orange citrus grove producing for the processed market,
Southwest Florida area, 1987-88 . . .. 8

6 Estimated annual per acre costs for a mature, red seed-
less grapefruit grove producing for the fresh market,
Southwest Florida area, 1987-88 . . .. 9








BUDGETING COSTS AND RETURNS FOR SOUTHWEST
FLORIDA CITRUS PRODUCTION, 1987-88


Ronald P. luraro and Charles Matthews


INTRODUCTION


Southwest Florida has become a major citrus production area. Over
132,000 acres of citrus are located in this region. Continued expansion
of citrus acreage is expected into the foreseeable future.
Budget analysis provides the basis for many grower decisions.
Budget analysis can be used to calculate potential profits from an
operation, to determine cash requirements for an operation, and to
determine break-even prices. This paper presents a budget constructed
from current data and serves as a format for growers to analyze costs
and returns from their individual records.


METHOD OF DATA COLLECTION


The data presented here were developed by surveying custom
operators, input suppliers, growers, and colleagues at the Citrus
Research and Education Center in Lake Alfred. This survey is conducted
annually in February and March.


COSTS AND INPUTS


Costs for various production inputs are those collected from citrus
growers as well as the average of the data obtained from annual custom
rate and chemical and fertilizer surveys. Grower costs are shown in the
ADDENDA, Tables 1-A through 8-A. The custom rate costs are shown in
Table 9-A and the various chemical and fertilizer costs are shown in
Table 10-A in the ADDENDA. Historic on-tree prices for selected citrus

RONALD P. MURARO is associate professor of food and resource
economics and extension farm management economist. He is stationed at
the Citrus Research and Education Center, Lake Alfred. CHARLES MATTHEWS
is former extension agent, multi-county stationed at the Southwest
Florida Research and Education Center, Immokalee.









varieties are shown in 11-A. Although brand names are used in many of
the tables in the Addenda, this does not imply endorsement by the
University of Florida. It is merely an attempt to depict typical
production practices.
All tables have a column reserved for the individual growers to
insert data from a particular grove. This will allow a comparison of
the grower's costs with those presented.


THE GROVE SITUATION


Shown in Tables 1 and 2 are production practices for a Southwest
Florida orange and grapefruit grove, respectively, and the times during
the year when they would likely be performed. There are two benefits to
developing such a table for an individual grove. First, it shows what
work is needed and when, so that operations can be planned well in
advance. Second, it can be helpful if an annual cash flow analysis is
developed to plan financing. The individual grower can achieve benefits
by developing a plan for a particular grove.
Specific production practices vary from grove to grove making it
difficult to define a "typical" grove. Many combinations of practices
and various tree combinations accomplish production of acceptable yields
and returns. Although the examples represent a Hamlin orange and red
seedless grapefruit grove, the cost data is designed to be applicable to
most grove situations. A grower, realtor, or land appraiser can
substitute individual grove costs into the budget format and develop a
budget for a particular grove. A "your cost" column in the tables is
provided for this purpose.
In the following cost budgets, above average management and
cultural practices are assumed. Beyond this general assumption, the
following specifics are assumed:


1. A 15-20 year-old grove, irrigated;
2. Varieties are processed market 'Hamlin' oranges and
fresh market red seedless grapefruit;
3. Annual tree loss is 4 trees per acre for oranges and 3
trees per acre for grapefruit;












Table 1.-Schedule or production practices and budget items for a Southwest Florida mature, round orange grove, 1987-88

Month Annual
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec total


50%
Total revenue: 20% Partial Final
deposit payment payment
Less: Pick & haul cost X
DOC advertisement tax X
Adjusted revenue

Grove expenses:
Disc
Chop
Mow X X X X X
Labor, general grove
work, pull vines X x
Herbicide (1/2 grove acre Spot
equivalent) X X Treatment
Spray: Dormant
Post bloom/nutritional X
Supplemental miticide
Sumer oil/greasy spot X
Fall miticide X
Fertilizer 759 N/A 751 N/A 750 N/A Dolomite
Hedging and topping Hedge
Brush removal/eow brush Mow brush
Tree removal X
Young tree care X X X X X
Drip Irrigation (times/week) 1 2 3 4 4 2 1 1 2 2 1 1
Miscellaneous (clean ditches) X
Grove taxes including water management X
Interest expense X
Annual principal payment on mortgage X
Total grove expenses

Met returns (loss)

Cumulative net returns

aThis is a suggested schedule of practices. Actual practices would not necessarily be done on the exact schedule shown here.














Table 2.-Schedule of production practices and budget items for a Southwest Florida mature, seedless grapefruit grove, 1987-88a

Month Annual
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec total


Total revenue: 20% Final
deposit payment
Less: Pick & haul cost X
DOC advertisement tax X
Adjusted revenue

Grove expenses:
Disc
Chop
Mow X X X X X
Labor, general grove
work, pull vines X X
Herbicide (1/2 grove acre Spot
equivalent) X I Treatment
Spray: Dormant
Post bloom/nutritional I
Supplemental miticide X
Summer oil/greasy spot X X
Fall miticide X
Fertilizer 750 N/A 750 N/A 75# N/A Dolomite
Hedging and topping Hedge
Brush removal/mow brush Mow brush
Tree removal X
Young tree care X X X X X
Drip Irrigation (times/week) 1 2 3 4 4 2 1 1 2 2 1 1
Miscellaneous (clean ditches) X
Grove taxes including water management X
Interest expense X
Annual principal payment on mortgage X
Total grove expenses /

Net returns (loss)

Cumulative net returns

aThis is a suggested schedule of practices. Actual practices would not necessarily be done on the exact schedule shown here.


i 1







4. Trees are pulled and replaced when production falls
below 50 percent of expected yield;
5. Tree density is 116 trees per acre for oranges and 96
trees per acre for grapefruit.


As a result of tree losses and replacement, the tree ages will
vary. The budget reflects the following age distribution:


Hamlin Oranges
Situation
3.51 pulled and reset
3.51 1 year old
3.5% 2 years old
3.5% 3 years old
3.5% 4 years old
52.0% 5-19 years old
3.5% producing 50% of expected yield
27.01 mature producing
and
Red Seedless Grapefruit
Situation
35 pulled and reset
31 1 year old
35 2 years old
31 3 years old
31 4 years old
451 5-19 years old
35 producing 50% of expected yield
371 mature producing


Boxes/tree
0.0
0.0
0.0
0.7
0.9
4.0
3.1
6.2



Boxes/tree
0.0
0.0
0.0
1.0
1.7
4.9
4.0
8.0


Calculation for normal production per tree and per acre for
'Hamlin' oranges and red seedless grapefruit are shown in Tables 3 and
4. As a result of tree losses and replacement, the tree ages will vary
as reflected in the projected yields.










Table 3.-Calculation of normal production per tree and per acre for
'Hamlin' oranges, 1987-88

Boxes Total
Age of Tree Trees /tree boxes


Total no. Proportion No. ea.
all ages ea. agea age -----No.-----

3 years 116 x 3.5% = 4.0 x 0.7 = 2.8
4 years 116 x 3.5% = 4.0 x 0.9 = 3.6
5-19 years 116 x 52% = 60.0 x 4.0 = 240.0
Prod. 50% of
exp. yield 116 x 3.5% = 4.0 x 3.1 = 12.4
20 years 116 x 27% = 32.0 x 6.2 = 198.4

Total boxes = 457.2


Proportion adds up to 89.5 percent as 10.5 percent of the trees
were non-bearing (pulled and reset, 1 and 2 year old trees; see page 5).



Table 4.-Calculation of normal production per tree and per acre for red
seedless grapefruit, 1987-88

Boxes Total
Age of Tree Trees /tree boxes


Total no. Proportion No. ea.
all ages ea. age age ---- No.---

3 years 96 x 3.0% = 3.0 x 1.0 = 3.0
4 years 96 x 3.05 = 3.0 x 1.7 = 5.1
5-19 years 96 x 45% = 43.0 x 4.9 = 210.7
Prod. 50% of
exp. yield 96 x 3.0% = 3.0 x 4.0 = 12.0
20 years 96 x 37% = 35.0 x 8.0 = 280.0
Total boxes = 510.8


the trees were
see page 5).


aProportion adds up to 91 percent as 9 percent of
non-bearing (pulled and reset, 1 and 2 year old trees;







BUDGET COSTS AND RETURNS


The estimated budget costs and returns for the two Southwest
Florida grove situations are shown in Tables 5 and 6. The budgeted
costs represent one possible citrus production program and were selected
from the costs shown in the ADDENDA tables. The gross revenue estimates
are based on the projected yields in Tables 3 and 4 and estimated
preliminary on-tree prices for the 1987-88 season.
As shown in Table 5, per acre revenue for processed market 'Hamlin'
oranges is $2,563.77. Total per acre specified costs are $831.00, being
comprised of grove care costs of $702.81, plus management cost of
$128.19. Return to land and trees which represents net return above
fixed costs is $1,732.77. The break-even prices ranged from $2.62 to
$1.69 per box on-tree and $0.78 to $0.61 per pound solids at 300 and 500
boxes per acre, respectively.
In Table 6, total revenue for fresh market red seedless grapefruit
is estimated to be $2,830.94 per acre. Total specified costs are
$874.57, being comprised of grove care costs of $733.02, plus management
cost of $141.55. Return to land and trees or net return above fixed
costs is $1,956.37. The break-even price for seedless grapefruit ranged
from $2.37 to $1.61 per box on-tree and $1.06 to $0.89 per pound solids
for eliminations at 350 and 550 boxes per acre, respectively.
In addition to the management cost, ad valorem taxes, and overhead
and administrative costs--such as water drainage/district taxes, crop
insurance, and other grower assessments-can add up to 12 percent of the
total grove care costs. These costs vary from grove to grove depending
on age, location, soil, and time of purchase or establishment. However,
as a guideline, ad valorem taxes in the Indian River citrus area average
$40 to $50 per acre. Annual debt payment may cost as high as $400 per
acre ($3,000 average debt per acre @ 12 percent interest over 20 years).
These costs should be considered in arriving at a net return to land and
trees (total return minus costs).











Table 5.-Estimated annual per acre costs and returns for a mature, 'Hamlin' orange citrus grove producing for the processed market,
Southwest Florida area, 1987-88

Item Description Amount Tour cost

------------------Dollars------- --

I. Revenue 457 boxes @ 5.61a 2.563.77
II. Expenses
Weed control
How middles 6 times per year 50.16
General grove work/sprouting (2 labor hours per acre) 15.68
Herbicide (Table 2-A, Programs 01 & 04) 95.27 161.11
Spray program (Table 1-A, Programs 11, #7 & #14) 121.96
Fertilizer (Table 3-A, Program #4) 137.85
Dolomite (Table 7-A, Program 01) 9.34
Pruning (maintenance)
Topping ($220.00/hr. 4 6.0 A/hr.) 3 yrs. 12.22
Hedging ($210.00/hr. 4 10.0 A/hr.) + 2 yrs. 10.50
Remove brush from trees 1.84
now brush 12.07 36.63
Tree replacement and care (1 through 3 years)
Remove trees 4.0 trees per acre 18.01
Prepare sites and plant resets Including 4.0 trees per acre 28.92
Water, herbicide, Ridomil (Average 5 waterings) 17.39
Fertilizer Including application 32.37 96.69
Drip irrigation (Table 8-A, Program #1) 77.58
Drainage ditch annual costs (Table 8-A, Program 06) 61.65
Total grove care expenses 702.81
III. Management 5% of gross salesb 128.19
IV. Total specified costs 831.00
V. Return to land and trees 1,732.77
VI. Break-even price for total specified costs.

Boxes per acre Boxes per acre

300 350 400 450 500 300 350 400 450 500

$ On-tree price per box $ Delivered-in price per pound solid

2.62 2.29 2.04 1.84 1.69 0.78 0.72 0.67 0.63 0.61

On-tree price per box is preliminary; assumes price for processed oranges only.
bOther methods to estimate a management cost--e.g., $3.00 per acre per month or 10% of total grove care costs--are used in the
industry. Other selected methods will give a different return to land and trees than reported here.
COther cost items which are not included in the budget are ad valorem taxes, and interest on grove investment. In addition to
these cost items, overhead and administrative costs, such as water drainage/district taxes, crop insurance, and other grower
assessments, can add up to 12 percent to the total grove care costs. These costs vary from grove to grove depending on age, location,
and time of purchase or establishment.
dAssumes 5.5 pound solids per box and $1.65 pick and haul cost per box.


I









Table 6.-Estimated annual per acre costs and returns for a mature, red seedless grapefruit grove producing for the fresh market,
Southwest Florida area, 1987-88

Item Description Amount Tour cost

---------------Dollars---------------

1. Revenue 511 boxes 0 5.51a 2,830.94
II. Expenses
Weed control
Mow middles 6 times per year 50.16
General grove work/sprouting (2 labor hours per acre) 15.68
Herbicide (Table 2-A, Programs 01 & 14) 95.27 161.11
Spray program (Table 1-A, Programs 14, 05, #6, 014 & 015) 176.34
Fertilizer (Table 3-A. Program #4) 137.85
Dolomite (Table 7-A, Program 11) 9.34
Pruning (maintenance)
Topping ($220.00/hr. 4 6.0 A/hr.) # 3 yrs. 12.22
Hedging ($210.00/hr. 4 10.0 A/hr.) 2 yrs. 10.50
Remove brush from trees 1.84
Removing/chop brush 12.07 36.63
Tree replacement and care (1 through 3 years)
Remove trees 3.0 trees per acre 13.51
Prepare sites and plant resets Including 3.0 trees per acre 21.69
Water, herbicide, Ridomil (Average 5 waterings) 13.04
Fertilizer Including application 24.28 72.52
Drip irrigation (Table 8-A, Program 91) 77.58
Drainage ditch annual costs (Table 8-A, Program #6) 61.65
Total grove care expenses 733.02
III. Management 5% of gross sales 141.55
IV. Total specified costs" 874.57
V. Return to land and trees 1.956.37
VI. Break-even price for total specified costs.

Boxes per acre Boxes per acre

350 400 450 500 550 35 400 450 500 550

$ On-tree price per box $ Delivered-in price per pound solids for eliminations

2.37 2.11 1.91 1.74 1.61 1.06 1.00 0.96 0.92 0.89

aOn-tree price per box is preliminary; assumes average of all methods of sale (fresh and processed). Price assumes 75% of fruit
harvested packed fresh.
bOther methods to estimate a management cost--e.g., $3.00 per acre per month or 10% of total grove care costs-are used in the
industry. Other selected methods will give a different return to land and trees than reported here.
cOther cost items which are not included in the budget are ad valorem taxes, and interest on grove investment. In addition to
these cost items, overhead and administrative costs, such as water drainage/district taxes, crop insurance, and other grower
assessments, can add up to 12 percent to the total grove care costs. These costs vary from grove to grove depending on age, location,
and time of purchase or establishment.
dAssumes 4.5 pound solids per box, $1.55 pick and haul cost per box, $0.45 per box handling through packinghouse, and $0.40 per
box delivery to processing plant.








REFERENCES


DuCharme, E. P. "Tree Loss in Relation to Young Tree Decline and Sand
Hill Decline of Citrus in Florida," Proc. Fla. State Hort. Soc. 84
(1971), pp. 48-52.

Florida Citrus Spray Guide 1988. Univ. of Fla. Coop. Ext. Svc. Cir.
393-N. Gainesville: Jan. 1988.

Koo, R. C. J., editor. Recommended Fertilizers and Nutritional Sprays
for Citrus. Univ. of Fla. Agr. Exp. Sta. Bull. 536D. Gainesville:
March 1984.

Muraro, Ronald P. "Comparative Citrus Budgets for Southwest Florida,
1987 and 1988." Lake Alfred Citrus Research and Education Center
(CREC) Report. Lake Alfred, FL: Apr. 1988.

"Cost for Establishing, Planting, and Maintaining a Citrus
Grove through Four Years of Age." Lake Alfred CREC Report. Lake
Alfred, FL: Nov. 1985.

"Cost of Planting and Maintaining Reset Citrus Trees through
Four Years." Lake Alfred CREC Report. Lake Alfred, FL: Aug.
1985.

"Summary Custom Rate Survey for Twenty-one Indian River-South
Florida Citrus Caretakers." Lake Alfred CREC Report. Lake Alfred,
FL: Apr. 1988.

"Using Mortgage Repayment Capacity to Determine the Maximum
Price to Pay for a Citrus Grove," The Citrus Industry Magazine,
September 1985, Volume 66, No. 9, pp. 15, 17.

Savage, Zach. Citrus Yields Per Tree Age. Agr. Ext. Ser. 60-8. Univ.
of Fla., Gainesville. 1960.









ADDENDA: Listing of Grove Care Programs for Southwest Florida Citrus
Production


Table 1-A.


Table

Table

Table

Table

Table

Table

Table


2-A.

3-A.

4-A.

5-A.

6-A.

7-A.

8-A.


Spray programs. .

Post bloom spray. .
Summer spray. ... .
Fall spray. . .

Herbicide . .

Dry fertilizer .

Liquid fertilizer .

Fertigation . .

Nematicides . .

Soil amendment. .

Irrigation-annual cost

Drip. . .
Microsprinkler. .
Volume gun (stationary)


. . .


. .

. .


per acre.

. .
.
*


Drainage ditch annual costs .


. . . .

. . . .





o o o o o o o


Table 9-A.


Table 10-A.


Table

Table


11-A.

12-A.


Table 13-A.


A listing of 1988 custom rates reported by twenty-one
Indian River and South Florida citrus caretakers. .

Summary of average fertilizer and chemical price
estimates, 1987-88. . . . .

Historic prices for selected citrus varieties .

Debt which can be supported per $1,000.00 annual
payment capacity. . . . .

Amount that can be paid for a grove based on yield
per acre and on-tree price per box. . .. ..


Cu = Copper
Fe = Iron
Mg = Magnesium


Mn = Manganese
Zn = Zinc


. .


12

12

13
15

16

17

18

19

19

20

21

21
21
21
21


. . a . .









. 0 a . *









Table 1-A.-Spray programs


POST BLOOM SPRAY


Spray Program #1


Materials/
Ingredients


Cu
Zn
Mn
Sticker
Ground
Application


Total


Spray Program #2


Materials/
Ingredients


Cu
Zn, Mn, Nitrates
Kelthane
Ground
Application


Total


Spray Program #3


Materials/
Ingredients


Zn, Mn, Fe Nitrates
Cu
Chlorobenzilate
Urea
Oil
Ground
Application


Total


Cost/Acre


Your
Cost/Acre


Amount/
Acre

15 lbs
10 lbs
15 lbs
1 pt

250 gals


$15.75
5.80
3.75
1.20

18.86

$45.36


Amount/
Acre

7 lbs
1 pt
2.5 pts

100 gals


Your
Cost/Acre


Cost/Acre

$ 7.35
0.77
11.20


12.54

$31.86


Cost/Acre


Your
Cost/Acre


Amount/
Acre

1 pt
7 lbs
2 pts
3.5 lbs
1 gal

100 gals


$ 0.81
7.35
8.82
0.49
2.00

12.54

$32.01


- -- -------------e_ e e_ mm em mm mem


- L------- -_ -----~~----~---~-------l---~--~UII--


-------------~-- ---U- ------ ---~-~~~~-









Table 1-A.-POST BLOOM SPRAY (cont'd.)

Materials/
Spray Program #4 Ingredients

Zn, Mn, Fe Nitrates
Cu
Lead Arsenic
Urea
Ground
Application

Total


Spray Program #5











Spray Program #6












SUMMER SPRAY

Spray Program #7


Materials/
Ingredients

Vendex 4L
Sticker
Aerial
Application

Total


Materials/
Ingredients

Cu
Zn, Mn, Mg, Fe
Ethion
Sticker
Ground
Application

Total


Materials/
Ingredients

Oil
Cu
Ethion
Ground
Application

Total


Amount/
Acre

1 pt
7 Ibs
4.5 lbs
2 lbs


100 gals


Amount/
Acre

1.25 Ibs
1 pt


15 gals


Amount/
Acre

4 lbs
4 pts
7.5 pts
2 pts

500 gals





Amount/
Acre

5 gals
3.75 lbs
7.5 pts

250 gals


Cost/Acre

$ 0.81
9.30
13.17
0.28

12.54

$36.10


Your
Cost/Acre












Your
Cost/Acre










Your
Cost/Acre













Your
Cost/Acre


Cost/Acre

$20.68
1.20


6.84

$28.72


Cost/Acre

$ 4.20
3.24
23.33
2.40

21.82

$54.99




Cost/Acre

$10.00
3.94
23.33

18.86

$56.13


-------- --- -~H-- -~~-~


_----U_ -------------~---- ----------- ---- ---~--


-------------------------~---~---------










Table 1-A.-SUMMER SPRAY (cont'd.)


Spray Program #8


Materials/
Ingredients


Cu
Ethion
Ground
Application

Total


Spray Program #9


Materials/
Ingredients


Zn, Mn, Fe Nitrates
Vendex
Urea


Ground
Application


Total


Spray Program #10


Materials/
Ingredients


Zn, Mn, Fe Nitrates
Chlorobenzilate
Urea
Cu
Oil
Ground
Application


Total


Spray Program #11


Materials/
Ingredients

Zn, Mn, Fe Nitrates
Zineb
Urea
Oil
Ground
Application


Total


Cost/Acre


Your
Cost/Acre


Amount/
Acre

3 gals
7.0 lbs
3.75 pts

100 gals


$ 6.00
7.35
11.66

12.54

$37.55


Cost/Acre


Your
Cost/Acre


Amount/
Acre

1 pt
2 Ibs
3.5 lbs
4 Ibs

100 gals


$ 0.81
33.08
0.49
4.20

12.54

$51.12


Cost/Acre


Your
Cost/Acre


Amount/
Acre

1 pt
2 pts
3.5 Ibs
4 Ibs
4 gals

100 gals


$ 0.81
8.82
0.49
4.20
8.00

12.54

$34.86


Cost/Acre


Your
Cost/Acre


Amount/
Acre

1 pt
4 lbs
3.5 Ibs
4 gals

100 gals


$ 0.81
10.40
0.49
8.00

12.54

$32.24


~--~~- ---~ --- -- --


--------~---~-- ~-~--------- U--------------Y-~-


-~---- -___-~---~UI--- --- _--- I


em m e m m m m m e e m m m m e me m m m m e m m m m mw----------U








Table 1-A.-SUMMER SPRAY (cont'd.)


Spray Program #12


Materials/
Ingredients


Zn, Mn, Mg, Fe
Citrafilm
Cu
Vendex
Lorsban
Ground
Application


Total


Table 1-A.-FALL SPRAY


Spray Program #13


Materials/
Ingredients


Kelthane
Sticker


Spray Program #14


Ground
Application

Total


Materials/
Ingredients


Chlorobenzilate
Sticker
Ground
Application

Total


Spray Program #15


Materials/
Ingredients


Dicofol
Sticker


Aerial
Application


Total


Cost/Acre


Your
Cost/Acre


Amount/
Acre

4 pts
1.25 gals
4 lbs
1.5 lbs
5 pts

500 gals


$ 3.24
7.42
4.20
24.81
21.85

21.82

$83.84


Cost/Acre


Your
Cost/Acre


$26.88
1.20

18.86

$46.94


Amount/
Acre

6 pts
1 pt

250 gals


Amount/
Acre

2.5 pts
1 pt

50 gals


Cost/Acre


Your
Cost/Acre


$11.03
1.20

8.24

$20.47


Cost/Acre


Amount/
Acre

6 pts
1 pt

15 gals


Your
Cost/Acre


$26.88
1.20

6.84

$34.92


______~ _______ I_ ~__~_ __


~____ ~I____I _I ~











Table 2-A.-Herbicide


Herbicide Program #1


Materials/
Ingredients

Krovar II
September
Ground Application
(2 times)
Total


------nfl------


Herbicide Program #2


Herbicide Program #3


Herbicide Program #4










Herbicide Program #5


Materials/
Ingredients

Roundup
Ground Application
(1 time)
Total


Materials/
Ingredients

Krovar I
Oil
Ground Application
(2 times)
Total


Materials/
Ingredients

Round-up
Princep
Ground Application
(1 time)
Total


Materials/
Ingredients

Round-up
Spreader
Princep
Ground Application
(2 times)
Total


Amount/
Acre

4 lbs



80 gals


Your
Cost/Acre


Cost/Acre

$34.08



23.00
$57.08


Your
Cost/Acre


Cost/Acre

$48.87


11.50
$60.37


Your
Cost/Acre


Cost/Acre

$42.36
2.00


23.00
$67.36


Amount/
Acre

3 qts

20 gals


Amount/
Acre

6 Ibs
1 gal

50 gals


Amount/
Acre

1 qt
4 lbs


50 gals


Amount/
Acre

1 qt
1 qt
4 lbs


50 gals


Your
Cost/Acre


Your
Cost/Acre








I


Cost/Acre

$16.29
10.40

11.50

$38.19


Cost/Acre

$16.29
3.06
10.40

23.00
$52.75


--~~-------------------------- ~--~--- --


--------------- -~---------~---- ~-------~---


IIUIII-~~~--- -- ---- ---- IIII








Table 3-A.-Dry fertilizer


Program #1


Analysis/Material
Applied

17-0-17-3 MgO


Application

Total


Program #2









Program #3









Program #4









Program #5


Analysis/Material Amount/
Applied Acre Cost/Acre

17-4-17-2.4 MgO 1200 lbs $ 98.40

Application 2 times 11.90

Total $110.30


Analysis/Material Amount/
Applied Acre Cost/Acre

16-4-16-3 MgO 1500 lbs $118.50

Application 3 times 17.85

Total $136.35


Analysis/Material Amount/
Applied Acre Cost/Acre

15-4-15-2.4 MgO 1500 lbs $120.00

Application 3 times 17.85

Total $137.85


Analysis/Material Amount/
Applied Acre Cost/Acre

15-4-15-2.4 MgO 1200 lbs $ 96.00

Application 3 times 17.85

Total $113.85


Amount/
Acre

1600 Ibs

2 times


Your
Cost/Acre


Cost/Acre

$128.00

11.90

$139.90


Your
Cost/Acre


Your
Cost/Acre


Your
Cost/Acre


Your
Cost/Acre










Table 3-A.-Dry fertilizer (cont'd.)


Program #6

(Young Trees-
Solid Set)


Analysis/Material
Applied

8-4-8-.25 Cu-.25 Mn

Application

Total


Program #7

(Young Trees-
Solid Set)


Analysis/Matrial hmount


Analysis/Material
Applied

8-4-8-.25 Cu-.25 Mn

Application


Total


Table 4-A.--Liquid fertilizer (Boom application)


Program #1


Analysis/Material
Applied

12-0-12

Boom Application

Total


Program #2


Analysis/Material
Applied

12-0-12
Krovar II

Boom Application


Total


Amount/
Acre

475 Ibs

1 time


Cost/Acre

$32.13


Your
Cost/Acre


4.03

$36.16


Amount/
Acre

302 lbs

1 time


Cost/Acre

$19.72


Your
Cost/Acre


4.03

$23.75


Amount/
Acre

1500 lbs

2 times


Your
Cost/Acre


Cost/Acre

$104.32

22.00

$126.32


Amount/
Acre

1500 Ibs
4 lbs

2 times


Your
Cost/Acre


Cost/Acre

$104.32
34.08

22.00

$160.40


----UI- -- -------- --_ICI---








Table 5-A.-Fertigation


Program #1

(Supplemental)


Analysis/Material
Applied

10-0-10


Application

Total


Program #2

(Supplemental)


AnlssMtra mut


Analysis/Material
Applied

8-4-8


Application

Total


Program #3

(Exclusive)


Analysis/Material hmount


Analysis/Material
Applied

8-0-8


Application

Total


Table 6-A.-Nematicides


Program #1


Analysis/Material
Applied

Temik 15 G


Application

Total


Program #2


Analysis/Material Amount


Analysis/Material
Applied

Nemacur 15 G


Application


Total


Amount/
Acre

400 lbs


Cost/Acre

$27.21


Your
Cost/Acre


2.41

$29.62


Amount/
Acre

750 lbs


Cost/Acre

$40.82


Your
Cost/Acre


4.30

$45.12


Amount/
Acre

2000 lbs


Your
Cost/Acre


Cost/Acre

$105.00

12.00

$117.00


Amount/
Acre

33 Ibs


Your
Cost/Acre


Cost/Acre

$105.60

13.33

$118.93


Amount/
Acre

67 Ibs


Your
Cost/Acre


Cost/Acre

$180.23

13.33

$193.56










Table 7-A.-Soil amendment


Program #1

(Every 3 years)


Analysis/Material
Applied

Dolomite (Delivered)
Application


Amount/
Acre

1 ton
1 time


Total
(Average 1/3 Ton Applied/Yr)


Program #2

(Every year)


Analysis/Material
Applied

Dolomite (Delivered)
Application


Total


Your
Cost/Acre


Cost/Acre

$20.03
8.00

$28.03
f 9.34


~--Amount!


Amount/
Acre

1000 lbs


Your
Cost/Acre


Cost/Acre

$10.02
8.00

$18.02








Table 8-A.-Irrigation--annual cost per acre


DRIP


Operating


Maintenance of System

Total Cost


Program #f

$47.21
(Electric)

30.37

$77.58


Your
Cost/Acre


Program #2

$32.10
(Diesel)

34.93

$67.03


MICROSPRINKLER


Operating


Maintenance of System

Total Cost


Program #3

$59.02
(Electric)

36.12

$95.14


Your
Cost/Acre


Program #4

$40.13
(Diesel)

41.54

$81.67


VOLUME GUN (STATIONARY)


Program #5

Operating $126.15
(Diesel)

Maintenance of System 29.92

Total Cost $156.07


DRAINAGE DITCH ANNUAL COSTS


Ditches/Canals Maintenance
Weed Control in Ditches/Canals
Water Control: In/Out of Ditches and Canals

Total


Program #6

$23.45
7.57
30.63

$61.65


Your
Cost/Acre


Your
Cost/Acre


Your
Cost/Acre


Your
Cost/Acre










Table 9-A.-A liting of 1968 oumto rates reported bIy mety-e. lad n liver and South Flridt citrus caroetker


Nang* of late Avera
Grove Practice Unit Reported late Coments


CULTIVATION:


Hand Hoe/Hand Labor
Machine Hoe
lotovate
Disc 7'
Now:
Off-Set or Side NHoer
S-7-
9-10'
15-16'
V-Hower
Sickle MHwer
Herbicide_ (Strip/Band)
Herbicidez (Strip/Band)
Herbicide (Chemical Now)
Herbicide (Trunk-to-Trunk)
Temik/Nemacur
Plow
Backhoe
Water Furrow Disc
Water Furrow Cleaner
Vine Puller

SPRATING:z

Hand Sprayer
Hand Sprayer
Boom Sprayer
Kindkelder
Dilute, 500 gal. tank
21, 500 gal. tank
3X. 500 gal. tank
4I, 500 gal. tank
6X. 500 gal. tank
Aerial
Aerial

DUSTING:

Aerial Application
Aerial Application

FERTILIZING:

Liquid Boom Application
Nitrogen Mix-Fertilizer
Mix Fertilizer & Herbicide
Dry (Bulk)
Dry (Bulk)
Dry (Bulk)
Lime or Dololite
Lime or Dolomite
Fertilite Young Trees:
Hand Spread
Fert. Spreader
Inject Liquid Fertilizer into
Aerial

IRRIGATION:

Rotary Ditcher or Auger
Mater Trencher
Water Truck
Ring Toung Trees:
Hand Labor
Mechanical
10"-12" Portable Pump
3-Wheeler for Microjet

REMOVING TREES:

Front End Loader


Hour S 6.50-S 9.35
Hour 30.00- 35.00
Hour 28.50- 30.00
Hour 17.50- 25.00


Hour
Hour
Hour
Hour
Hour
Hour
Hour
Acre
Hour
Per Hour:
Hour
Hour
Hour
Hour
Hour
Hour


19.00- 22.00
20.00- 24.00
20.00- 26.00
22.00- 30.00
20.50- 26.00
20.50- 27.00
21.00- 30.00
9.00- 14.00
22.00- 28.00
$22.00; Per Acre:
12.00- 15.00
17.50- 26.00
31.00- 34.00
21.00- 30.00
22.00- 25.00
20.50- 25.00


Hour $ 29.30-$ 38.00
Hour 34.30- 89.50
Hour 34.00- 36.35
eAre
Tank 18.00- 27.50
Tank 26.75- 81.50
Tank 11.25- 55.00
Tank 60.00- 65.00
Tank 70.D0- 80.00
Fixed Ming: Avg. $3.88/acre
Fixed Wing: Avg. $8.33/acre


$ 4.75-$ 5.60


0/hour
11.00

37.00
6.75
15.00
7.00
35.00


$11.00/acre; $26.0
Acre $ 10.35 8
Acre
Hour 24.25-
Acre 5.00-
Ton 13.50-
Acre 6.00-
Hour 28.25-

Hour 6.50-
Hour 22.00-
Irrigation System;
Lb


Hour $ 21.00-$ 22.00
Hour
Hour 20.00- 24.00


S7T.84
32.50
25.15
21.92


Plus transportation; One reporting base wage rate plus


One reporting S8.00/scre


20.50
21.64
24.09 On reporting $8.25/acre (one way)
25.07 Average 7.13/scr (one way)
22.83
23.42 ne reporting In-out moer at $22.00/hour
26.57 Plu materials
11.10 plus materials
25.00 Oe reporting $6.00/acre
$11.00; One reporting $21.00/hour for Herbicide Wiper
13.33
21.63
32.64
21.14
22.58
22.75


$ 31.58 Includes one wor
42.95 Includes two wor
35.03 Includes one wor
16.50
22.80 Average $36.50/h
32.36 Average 842.50/h
45.16
62.50
74.00
Helicopter: 84.50/acre
Helicopter: $9.37/acre


ker
kers
ker

our
our


* 5 gallons per acre
( 10 gallons per acre


10.O 60 lbs. per acre
$ 5.18 60 lbs. per acre


S 10.84
11.00
32.88
5.95
18.25
6.33
29.63


One reporting $34.14/ton for material and application


9.35 7.84 Plus transportation; One reporting $51.00/hr which inc
30.00 24.25 \tractor, trailer, and
One reporting $30.00/hour for tractor, driver, and fertilizer tank
*.O0


$ 21.67
30.00
20.98


6.50- 9.35 7.84
22.00
18.00- 22.00 20.25
12.50- 14.00 13.00


Hour $ 37.50-S1 5.00


Equipment only


Plus transportation

Includes pump rate and set-up charge


$ 40.64 Average range 10 to 50 trees per hour


(OVER)















Table 9-A.-A listing of 1988 custom rates reported by twenty-one Indian liver and South Florida citrus caretakers (cont'd.)


sRane or Rate Avera *
Grove Practice Unit Reported ate' Coments


PRUNING:

General Pruning (Per Man)
Hedging:
Single Side
Double Sided Box Hedger
Double Side (Tractor Pulled)
Double Side (Self
Propelled)
Topping:
Tractor Pulled Topper
Single Boom (Self
Propelled)
Double Boom (Self
Propelled)
Limb Lifter/Tree Skirt
Trimmer
Tree Skirt Trimmer
Removing Brush:
Bush Hog
Chop Brush
Mow Brush

BANK AND UNBANK TREES:

Hand Labor
Hand Labor
Tree Wraps

OTHER CUSTOM RATES:

Truck with Driver
Tractor with Driver
Power Saw with Operator
Power Saw w/out Operator
Plant Trees (Solid-Set)
Bush Hog
Middle Buster
Mound Builder
Dirt Pan
Skilled Labor
Mechanic Labor
Irrigation Manger
Grove Management Charge
Per Month
Irrigation Management/
Maintenance Per Month
Consulting

Other Charge Reported

Total Acreage Provided
Grove Service to:

Aerial Spraying


$ 6.50-8 9.35 $ 7.84

56.00- 65.00 60.50
72.50
85.00- 87.50 86.25

180.00- 240.00 210.00

85.00- 87.50 86.25

220.00

400.00

40.00- 45.00 112.50
17.25

48.00
22.25- 30.00 26.17
25.00


Hour $ 6.50-$ 9.35 $ 7.84
Per Tree 50.Od
Per Wrap 70.O- 90.0 82.0



Hour ( 17.50-$ 25.00 $ 19.73
Hour 17.50- 21.00 19.17
Hour 14.00- 17.50 15.08
Hour 4.00- 7.50 6.00
Each 1.00- 1.75 1.33
Hour 22.00- 23.50 22.75
Hour 20.00- 22.00 21.00
Hour 22.00- 25.00 22.90
2.5 yd--$20.00/hour; 4 yd-$27.00/hour
Hour 8.50- 15.00 12.24
Hour 12.00- 20.00 16.25
Hour 22.50
Acre 1.50- 5.00 3.22
Acre 4.00- 10.00 6.33


Plus transportation

4 to 8 acres/hour
4 to 8 trees/hour
4 to 15 acres/hour

8 to 30 acres/hour depending on wood size

1 to 4 acres/hour depending on wood size; One reporting
\$25/acre
10 to 20 acres/hour depending on wood size

15 to 30 acres/hour depending on wood size












Plus labor



One reporting 60i/mile; $6.00/hour/trip
One reporting 4-41 tractor w/driver-$21.75/hour


Average $2.15/tree for resets

With tractor and driver



Average $200/week; Average labor & truck $31.13/hour

In addition to caretaking charges; supervising grove care
Supervising grove care operations and \operations
\marketing of fruit


Acre 2.50
$75 per hour

105-155 supervision charge for all materials and outside contracting


650- 3,400

14,000- 20,000


1,862 Total acres reporting: 26,071

16,333 Total acres reported: 49,000


Source: Ronald P. Muraro, Extension Farm Management Economist, Lake Alfred CREC, April 1988.


ZPlus materials. Caretakers reporting rates include labor, tractor and sprayer; supply truck included by most caretakers.

YCalculated by dividing the total number of caretakers reporting a grove practice rate into the aum of the rates reported.










Table 10-A.-Summary of average fertilizer and chemical price estimates


Range of Price Average
Item Unit Reported Price


CHEMICALS


Aliette 80WP lb.
Benlate lb.
Borates lb.
Carzol SP lb.
Chlorobenzilate gal.
Comite gal.
Copper lb.
Cygon gal.
Diazinon 4E gal.
Dicofol 1MF gal.
Ethion gal.
Guthion gal.
Kelthane MF gal.
Lorsban 1EC gal.
Lorsban 150 lb.
Malathion gal.
Manganese lb.
Methobromide 98/2 lb.
Mocap EC gal
Mocap 10G lb.
Nemacur 3EC gal.
Nemacur 15G lb.
Oil (Soluble) gal.
Ridomil 2E gal.
Ridomil 5G lb.
Sticker gal.
Sulphur 6F gal.
Sulphur Dust ton
Supracide gal.
Temik 15G lb.
Vapam gal.
Vendex 50W lb.
Vorlex gal.
Vorlex 201 gal.
Zinc lb.
Zineb lb.
Herbicide: DeVine gal.
Fusilade 2000 gal.
Gramoxone (Paraquat) gal.
Hyvar L gal.
Hyvar X lb.
Karmex lb.
Direx gal.
Krovar I lb.
Krovar II lb.
Princep lb.
Round-up (1 gal) gal.
Round-up (2 gal) gal.
Sim-Trol (Simazine 400) gal.
Solicam lb.
Treflan gal.


$ 10.65-$ 12.30
12.75- 14.75
0.55- 0.57
25.00- 25.95
35.00- 36.00
54.00- 61.00
0.92- 1.16
25.00- 33.35
23.90- 39.55
36.10- 40.80
23.00- 28.10

33.95- 37.00
32.50- 41.05
1.52- 1.60
14.15- 17.95
0.20- 0.30
1.45- 1.70


49.65- 57.33
2.64- 2.85
1.70- 2.40
125.00- 142.00
7.25- 7.65
8.50- 10.50
4.00- 4.50
278.00- 340.00
34.00- 38.65
3.15- 3."7
5.50- 8.25
15.85- 18.40
16.10- 18.00

0.51- 0.68
2.45- 2.77


88.00-
38.00-
41.55-
10.40-
3.25-
16.00-
6.70-
7.95-
2.47-
72.30-
61.50-
10.50-
10.50-
29.87-


97.50
44.00
50.00
12.51
3.50
17.35
8.10
9.66
3.20
88.80
66.55
11.40
13.64
33.50


$ 11.33
13.34
0.56
25.32
35.30
55.17
1.05
30.84
29.72
37.19
24.89
25.00
35.86
34.95
1.55
15.86
0.25
1.58
52.50
0.95
52.78
2.69
2.00
131.31
7.38
9.61
4.25
313.37
36.31
3.20
7.08
16.54
16.55
17.00
0.58
2.60
64.00
91.45
40.57
44.16
11.18
3.12
16.62
7.06
8.52
2.60
79.02
65.17
10.73
11.38
30.84







Table 10-A.--Summary of average fertilizer and chemical price estimates (cont'd.)


Range of Price Average
Item Unit Reported Price


FERTILIZER (FOB Price Plant)

Dry Mix
16-0-16
16-0-16-4Mg0
15-4-15-2.4Mgo
12-2-15-2.4 nM
8-8-8
8-8-8 v/minors
8-2-8
8-2-8-2 w/minors
6-6-6 v/minors

Liquid Mix
6-0-12
8-0-8
8-2-8
8-4-8
9-3-9
9-4-9
10-0-10
10-2-10
12-0-6
12-3-6

Slow Release (Young Tree)

Formulation Analysis
8-4-10 (25% organic)
IBDU
8-4-8
10-3-7
14-3-3 (Briquette)
Osmocote
17-6-9 plus minors
Om Scott
8-4-8 (bagged)

Other Fertilizer Materials
Ammonium Nitrate (21% Liquid)
Ammonium Nitrate (Dry)
Ammonium Sulfate
Calcium Nitrate
Dolomite (at mine)
High Cal Lime (at mine)
Muriate of Potash
Super Phosphate
Triple Superphosphate
Average Delivery Cost


$127.27-8165.00
144.47- 168.50


130.12- 165.00
104.95- 145.00
122.30- 142.00
90.00- 133.00
106.60- 137.92
110.00- 129.00


$2000.00-42120.00


$ 90.00-$105.00
150.00- 165.00
86.00- 110.00
162.00- 180.00
9.10- 11.25
8.20- 8.50
155.00- 178.00
115.00- 132.00
180.00- 192.50
6.00- 10.00


SOURCE: Ronald P. Muraro, Extension Farm
Florida, April 1988.


Management Economist, CREC, Lake Alfred.


$142.92
155.95
151.27
148.01
124.78
131.36
114.66
126.88
122.12


$ 95.00
105.00
99.25
107.00
128.00
131.00
111.00
120.00
107.28
118.00


$148.50


246.00
332.00
2100.00


$2060.00


450.00


$ 97.50
154.50
94.20
166.60
10.03
8.35
164.73
125.00
184.91
8.25







Table 11-A.-Historic pricesa for selected citrus varieties
Variety

Crop Earlyb and mid-e Late sea on Temple Tan- Tan- Seedy e Seedless grapefruit
year season oranges oranges oranges gerines gelos grapefruit (white) (pink)

1957-58 $1.57 $3.17 $2.33 $2.40 $3.75 $0.74 $1.11 $1.30
1958-59 2.65 3.12 2.87 1.62 3.55 0.83 1.11 1.44
1959-60 1.82 2.07 2.41 2.59 4.29 0.91 1.16 1.05
1960-61 2.86 3.08 3.43 1.51 4.91 0.84 1.05 0.99
1961-62 1.93 1.81 2.17 2.04 3.36 0.51 0.68 0.86
1962-63 2.17 3.50 3.09 3.02 4.66 0.74 1.29 1.81
1963-64 4.43 4.45 4.45 3.18 4.83 1.91 2.24 2.54
1964-65 2.57 2.28 2.77 2.68 4.00 1.13 1.51 1.82
1965-66 1.44 1.79 1.80 2.14 2.85 1.09 1.39 1.64
1966-67 0.81 1.08 0.88 1.06 1.64 0.60 0.73 0.94
1967-68 1.86 2.28 2.79 4.29 3.22 1.48 2.05 2.48
1968-69 1.56 1.83 2.22 2.55 2.47 0.81 0.98 1.15
1969-70 1.15 1.13 1.47 2.23 1.13 1.42 1.72 1.92
1970-71 1.10 1.91 1.91 1.88 1.04 1.68 1.89 2.15
1971-72 1.98 2.11 1.95 2.97 1.69 2.01 2.27 2.69
1972-73 1.43 1.71 1.95 2.37 1.39 1.63 2.06 2.53
1973-74 1.38 1.59 1.64 2.82 1.25 1.31 1.58 2.12
1974-75 1.46 1.82 1.68 3.05 1.45 0.87 1.55 2.59
1975-76 1.69 1.88 1.79 3.02 1.42 0.85 1.29 2.23
1976-77 1.89 2.63 2.16 3.29 1.42 1.20 1.49 2.04
1977-78 3.90 4.40 3.92 4.79 3.29 1.45 1.47 2.09
1978-79 4.44 4.95 4.89 4.99 3.90 1.84 2.21 3.13
1979-80 3.59 3.89 2.89 4.25 2.87 3.04 3.12 3.80
1980-81 3.67 4.63 4.21 5.45 3.92 2.92 3.46 4.22
1981-82 4.27 4.29 4.01 6.23 3.58 1.13 1.92 2.80
1982-83 4.88 5.41 3.99 7.57 4.37 0.70 1.51 3.20
1983-84 5.09 6.72 5.34 5.93 4.28 2.01 2.08 4.05
1984-85 7.30 6.88 5.59 15.91 7.08 2.58 3.02 4.84
1985-86 3.92 3.97 3.01 12.69 4.06 3.27 3.56 4.98
1986-87 4.12 5.64 3.45 11.96 3.64 4.25 4.43 5.77


a0n-tree average price per box (1-3/5 bushel
box equivalents) for all methods of sale
minus pick and haul charges.
Source: Florida Agricultural Statistics Service.


bNavel and Hamlin
CParson Brown and Pineapple
Valencia


eDuncan
Marsh (white) or pink









Table 12-A.--Debt which can be supported per $1,000.00 annual payment capacity

Rate

Years 9.0% 9.5% 10.0% 10.5% 11.0% 11.5% 12.0% 12.5% 13.0% 13.5% 14.0% 14.5% 15.0%


1 917 913 909 905 901 897 893 889 885 881 877 873 870
2 1,759 1,747 1,754 1,724 1,713 1,701 1,690 1,679 1,668 1,657 1,647 1,636 1,626
3 2,531 2,509 2,487 2,465 2,444 2,423 2,402 2,381 2,361 2,341 2,322 2,302 2,283
4 3,240 3,204 3,170 3,136 3,102 3,070 3,037 3,006 2,974 2,944 2,914 2,884 2,855
5 3,890 3,840 3,791 3,743 3,696 3,650 3,605 3,561 3,517 3,475 3,433 3,392 3,352
6 4,486 4,420 4,355 4,292 4,230 4,170 4,111 4,054 3,998 3,942 3,889 3,836 3,784
7 5,033 4,950 4,868 4,789 4,712 4,640 4,564 4,492 4,423 4,355 4,288 4,224 4,160
8 5,535 5.433 5,335 5,239 5,146 5,056 4,968 4,882 4,799 4,718 4,639 4,562 4,487
9 5,995 5,875 5,759 5,646 5,537 5,431 5,328 5,228 5,132 5,038 4,946 4,858 4,772
10 6,418 6,279 6,145 6,015 5,889 5,768 5,650 5,536 5,426 5,319 5,216 5,116 5,019
11 6,805 6,647 6,495 6,348 6,207 6,070 5,938 5,810 5,687 5,568 5,453 5,341 5,234
12 7,161 6,984 6,814 6,650 6,492 6,341 6,194 6,054 5,918 5,787 5,660 5,538 5,421
13 7,487 7,291 7,103 6,923 6,750 6,583 6,424 6,270 6,122 5,979 5,842 5,710 5,583
14 7,786 7,572 7,367 7,170 6,982 6,801 6,628 6,462 6,302 6,149 6,002 5,861 5,724
15 8,061 7,828 7,606 7,394 7,191 6,997 6,811 6,633 6,462 6,299 6,142 5,992 5,847
16 8,313 8,062 7,824 7,596 7,379 7,172 6,974 6,785 6,604 6,431 6,265 6,106 5,954
17 8,543 8,276 8,022 7,779 7,549 7,329 7,119 6,920 6,729 6,547 6,373 6,207 6,048
18 8,756 8,471 8,201 7,945 7,702 7,470 7,250 7,040 6,840 6,649 6,467 6,294 6,128
19 8,950 8,650 8,365 8,095 7,839 7,596 7,366 7,146 6,938 6,739 6,551 6,370 6,198
20 9,129 8,812 8,514 8,231 7,963 7.710 7,469 7,241 7,025 6,819 6,623 6,437 6,259
25 9,823 9,438 9,077 8,739 8,422 8,123 7,843 7,579 7,330 7,095 6,873 6,663 6,464
30 10,274 9,835 9,427 9,047 8,868 8,364 8,055 7,766 7,496 7,242 7,003 6,778 6,566
35 10,567 10,087 9,644 9,234 8,855 8,503 8,175 7,870 7,586 7,320 7,070 6,836 6,617
40 10,757 10,247 9,779 9,348 8,951 8,587 8,244 7,928 7,634 7,361 7,105 6,866 6,642


Example. Assumes a $10,000 after tax


income at 1


debt which can be supported is $69,970 ($6,997 x 10).
total debt which can be supported is $77,100 ($7,710 x


11.5% interest rate and a 15-year term mortgage, the total
At 11.5% interest rate and a 20-year term mortgage, the
10).








Table 13-A.-Amount that can be
mortgage repayment


paid for a grove based upon on-tree price per box, yield per acre and
capacity


On-tree price per boxb
Boxes
/Acre $3.50 $4.00 $4.50 $5.00 $5.50 $6.00 $6.50 $7.00 $7.50 $8.00


------------------------------------Dollars per acre----- ------

250 837 1,674 2,51 1,349C 4,186 5,023 5,860 6,697 7,534 8,371
275 1,423 2,344 3,265 4,186 5,107 6,027 6,948 7,869 8,790 9,711
300 2,009 3,014 4,018 5,023 6,027 7,032 8,037 9,041 10,046 11,050
325 2,595 3,683 4,772 5,860 6,948 8,037 9,125 10,213 11,301 12,390
350 3,181 4,353 5,525 6,697 7,869 9,041 10,213 11,385 12,557 13,729
375 3,767 5,023 6,279 7,534 8,790 10,046 11,301 12,557 13,813 15,069
400 4,353 5,693 7,032 8,371 9,711 11,050 12,390 13,729 15,069 16,408
425 4,939 6,362 7,785 9,209 10,632 12,055 13,478 14,901 16,324 17,747
450 5,525 7,032 8,539 10,046 11,553 13,059 14,566 16,073 17,580 19,087
475 6,111 7,702 9,292 10,883 12,473 14,064 15,655 17,245 18,836 20,426
500 6,697 8,371 10,046 11,720 13,394 15,069 16,743 18,417 20,091 21,766
525 7,283 9,041 10,799 12,557 14,315 16,073 17,831 19,589 21,347 23,105
550 7,869 9,711 11,553 13,394 15,236 17,078 18,919 20,761 22,603 24,445
575 8,455 10,381 12,306 14,231 -16,157 18,082 20,008 21,933 23,859 25,784
600 9,041 11,050 13,059 15,069 17,078 19,087 21,096 23,105 25,114 27,123
625 9,627 11,720 13,813 15,906 17,999 20,091 22,184 24,277 26,370 28,463
650 10,213 12,390 14,566 16,743 18,919 21,096 23,273 25,449 27,626 29,802
675 10,799 13,059 15,320 17,580 19,840 22,101 24,361 26,621 28,881 31,142
700 11,385 13,729 16,073 18,417 20,761 23,105 25,449 27,793 30,137 32,481
725 11,971 14,399 16,827 19,254 21,682 24,110 26,537 28,965 31,393 33,820
750 12,557 15,069 17,580 20,091 22,603 25,114 27,626 30,137 32,649 35,160

aAssumes a constant on-tree price per box over the analysis period; grove care cost of $750 per acre;
income tax rate of 33%; 15-year mortgage at 11.5% (APR) interest rate; and 30% of the purchase price as a
down payment. Due to the different tax depreciation options available to citrus grove purchasers, a
depreciation expense allowance was not included in estimating the tax liability.
bThe on-tree price represents the constant fruit price over the analysis period.

CExample. At $5.00 constant on-tree price per box, a buyer could pay $3,349 per acre for a grove
averaging 250 boxes per acre and could pay $11,720 per acre for a grove averaging 500 boxes per acre.