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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/UF00026155/00011
 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: 2000
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: UF00026155:00011

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
        Page 10
        Page 11
        Page 12
        Page 13
        Page 14
        Page 15
        Page 16
    Reference
        Page 17
    Addenda
        Page 18
        Page 19
        Page 20
        Page 21
        Page 22
        Page 23
        Page 24
        Page 25
        Page 26
        Page 27
        Page 28
        Page 29
        Page 30
        Page 31
        Page 32
        Page 33
        Page 34
        Page 35
        Page 36
        Page 37
        Page 38
        Page 39
        Page 40
        Page 41
Full Text












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
specific groves.

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

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 2000-01 budget costs reflect reduced fertilizer for
fresh market grapefruit and 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 the 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 for a mature
citrus grove (10+ years old), the grove care costs for a specific grove site may differ
depending upon the tree age, tree density and the grove practices performed; e.g., spot
herbicide for grass/brush regrowth under trees could add an additional $14.77 per acre;
Diaprepes control could add $69.54 per acre for soil biological control application and
$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 ($119.76/acre) could increase the total
cultural costs per acre above the average costs shown in the comparative budgets; 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; etc.


ACKNOWLEDGEMENTS

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

Appreciation is also extended to the 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 for the eighth consecutive year. The format
presented may be used by individual growers to budget costs and returns, utilizing individual data on
specific groves.

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

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 2000-01 budget costs reflect reduced fertilizer for
fresh market grapefruit and 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 the 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 for a mature
citrus grove (10+ years old), the grove care costs for a specific grove site may differ
depending upon the tree age, tree density and the grove practices performed; e.g., spot
herbicide for grass/brush regrowth under trees could add an additional $14.77 per acre;
Diaprepes control could add $69.54 per acre for soil biological control application and
$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 ($119.76/acre) could increase the total
cultural costs per acre above the average costs shown in the comparative budgets; 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; etc.


ACKNOWLEDGEMENTS

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

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














TABLE OF CONTENTS


Page

ABSTRACT................................................................. i

ACKNOWLEDGEMENTS ....................................................... i

LIST OF TABLES ............................................................. iii

INTRODUCTION ............................................................ 1

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

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

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

BUDGET COSTS AND RETURNS ................. ............................. 6

HISTORICAL COST TRENDS .............................................. 7

REFERENCES ................................................................. 17

ADDENDA ................................................................. 18


NOTE: The ADDENDA include a Listing ofGrove Care Programs for Southwest
Florida Citrus Production for Both Round Oranges and Grapefruit; 2001
custom rate summary report; cost of establishing a citrus grove; etc. Page
18 is a list of the tables included in the ADDENDA.





















ii














LIST OF TABLES


Table Page

1 Schedule of production practices and budget items for a Southwest Florida mature,
round orange grove, 2000-01 .......................................... 3

2 Schedule of production practices and budget items for a Southwest Florida mature,
red seedless grapefruit grove, 2000-01 ................................... 4

3 Calculation of normal production per tree and per acre for Hamlin oranges, 2000-01 5

4 Calculation of normal production per tree and per acre for red seedless grapefruit,
2000-01 ............................................................ 6

5 Estimated annual per acre costs and returns for a mature, Hamlin orange grove
producing for the processed market, Southwest Florida area, 2000-01 ............ 8

6 Estimated total delivered-in cost for Southwest Florida Hamlin oranges grown for the
processed juice market under three cultural cost programs, 2000-01 ............. 9

7 Estimated annual per acre costs and returns for a mature, red seedless grapefruit
grove producing for the fresh market, Southwest Florida area, 2000-01 ........... 10

8 Estimated total delivered-in cost for Southwest Florida Red grapefruit under three
cultural cost programs, 2000-01 ......................................... 11

9 Estimated F.O.B. cost for fresh market Southwest Florida Red grapefruit, 2000-01 12

10 Estimated annual per acre costs and returns and 5-year average costs and returns
for a mature, Hamlin orange grove producing citrus for processed market in the
Southwest Florida area, 1996-97-2000-01 ............................... 13

11 Estimated annual per acre costs and returns and 5-year average costs and returns
(adjusted to 2001 dollars) for a mature, Hamlin orange grove producing citrus
for processed market in the Southwest Florida area, 1996-97-2000-01 ........... 14

12 Estimated annual per acre costs and returns and 5-year average costs and returns for
a mature, red seedless grapefruit grove producing citrus for fresh fruit packing in the
Southwest Florida area, 1996-97-2000-01 ................................. 15

13 Estimated annual per acre costs and returns and 5-year average costs and returns
(adjusted to 2001 dollars) for a mature, red seedless grapefruit grove producing
citrus for fresh fruit packing in the Southwest Florida area, 1996-97-2000-01 ..... 16









BUDGETING COSTS AND RETURNS FOR SOUTHWEST
FLORIDA CITRUS PRODUCTION, 2000-01

Ronald P. Muraro, Fritz M. Roka, and Robert E. Rouse

INTRODUCTION


Southwest Florida has become a major citrus production area. In 2000 citrus acreage in Southwest
Florida represented over 21.5% oftotal state citrus acreage. Acreage in Southwest Florida increased from
72,480 in 1986 to 179,948 in 1998 then decreased to 178,595 in 2000. 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 counties.
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 report presents two budgets constructed from current data and provides
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 both the Southwest Florida Research and Education Center and the Citrus Research and
Education Center in Lake Alfred. The 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, chemical, and fertilizer surveys. Grower costs are shown
in the ADDENDA, Table 1-A through 7-A. The custom rate costs are shown in Table 8-A and the
various chemical and fertilizer costs are shown in Tables 9-A and 10-A in the ADDENDA. Costs of
planting and maintaining reset trees through three years of age are shown in Table 12-A. Historic on-tree
prices for selected citrus varieties are shown in 15-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.




RONALD P. MURARO is a Professor of Food and Resource Economics and Extension Farm
Management Economist stationed at the Citrus Research and Education Center, Lake Alfred. FRITZ M.
ROKA is an Assistant Professor in Economics and ROBERT E. ROUSE is an Associate Professor of
Horticulture; both are stationed at the Southwest Florida Research and Education Center, Immokalee.









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


Production practices for Southwest Florida orange and grapefruit groves are shown in Tables 1 and
2, respectively, with the times during the year when they are normally 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 may benefit from 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 variety combinations produce acceptable yields
and returns. Although the examples represent Hamlin orange and red seedless grapefruit groves, the cost
and return data are designed to be applicable to most grove situations. A grower, realtor, or land appraiser
can substitute individual grove costs and expected returns into the budget format and develop a budget
for a particular grove. A "your cost" column is appropriately provided for this purpose in subsequent
tables.
In the following budget, above average management and cultural practices are assumed. Beyond
this general assumption, the following specifics are assumed:


1. A mature (10+ years old), low volume irrigated grove;
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 3.5 trees per acre for grapefruit;
4. Trees are pulled and replaced when production falls below 50 percent of expected
yield;
5. Tree density is 145 trees per acre for oranges and 119 trees per acre for grapefruit.


As a result of tree losses and replacement, the tree ages will vary. The orange and grapefruit
budgets reflect the following age distributions:










Table 1.--Schedule of production practices and budget items for a Southwest Florida mature, round orange grove, 2000-01'

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


Total revenue:


Less:


Grove expenses:
Mnowt


20%
deposit


k ciP & haul cost


50%
Partial
payment
X


X


X X X


Labor, general grove work, pull vines X X
Herbicide (1/2 grove acre equivalent) X X X

Spray: Dormant

Post bloom/nutritional X
Supplemental miticide

Summer oil/greasy spot X
Fall miticide X
Fertilizer 68# N/A 68# N/A 68# N/A Dolomite
Hedging and topping Hedge
Brush removal/mow brush Mow brush
Tree removal X
Young tree care X X X X X
Microsprinkler irrigation (times/week) 1 1 2 3 3 3 2 2 2 2 11
Miscellaneous (clean ditches) X

Grove taxes including water management X

Interest expense X


Final
payment


Annual principal payment on mortgage
'This is a suggested schedule of practices. Actual practices would not necessarily be done on the exact schedule shown here.


Pi &haul cost X


nrW -4 rfi.- t t- X -


nrrr I~vc~rt;EPmmt ~u









Table 2.--Schedule of production practices and budget items for a Southwest Florida mature, red seedless grapefruit grove, 2000-01'

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

Total revenue: 20% Final
deposit payment
Less: Pick & haul cost X
DOC advertisement tax X
Grove expenses:
Disc
Chop
Mow X X X X X
Labor, general grove work, pull vines X X
Herbicide (1/2 grove acre equivalent) X X X
Spray: Dormant
Post bloom/nutritional X
Supplemental miticide X
Summer oil/greasy spot X X
Fall miticide X
Fertilizer 50# N/A 50# N/A 50# N/A Dolomite
Hedging and topping Hedge
Brush removal/mow brush Mow brush
Tree removal X
Young tree care X X X X X
Microsprinlder irrigation (times/week) 1 1 2 3 3 3 2 2 2 2 1 1
Miscellaneous (clean ditches) X
Grove taxes including water management X
Interest expense X
Annual principal payment on mortgage X
"This is a suggested schedule of practices. Actual practices would not necessarily be done on the exact schedule shown here.








Hamlin Oranges
Situation Boxes/tree
3% pulled and reset 0.0
3% 1 year old 0.0
3% 2 years old 0.0
3% 3 years old 0.7
3% 4 years old 1.5
33% 5-15 years old 3.9
3% producing 50% of expected yield 2.2
49% over 15 years old 4.2
and
Red Seedless Grapefruit
Situation Boxes/tree
3% pulled and reset 0.0
3% 1 year old 0.0
3% 2 years old 0.0
3% 3 years old 1.0
3% 4 years old 1.7
33% 5-15 years old 4.0
3% producing 50% of expected yield 3.0
49% over 15 years old 6.5


Calculation of normal production per acre for Hamlin oranges and red seedless grapefruit are shown
in Tables 3 and 4, respectively.

Table 3.--Calculation of normal production per tree and per acre for Hamlin oranges, 2000-01
Boxes Total
Age of Tree Trees /tree boxes
Total no. Proportion No. ea.
all ages ea. agea age ------- No. ------
3 years 145 x 0.03 = 4.4 x 0.7 = 3.1
4 years 145 x 0.03 = 4.4 x 1.5 = 6.6
5-15 years 145 x 0.33 = 47.9 x 3.9 = 186.8
Prod. 50% of
exp. yield 145 x 0.03 = 4.4 x 2.2 = 9.7
Over 16 years 145 x 0.49 = 71.0 x 4.2 = 298.2
Total boxes = 504.4

"Proportion adds up to 91 percent as 9 percent of the trees were non-bearing (pulled and reset, I
and 2 year old trees).









Table 4.--Calculation of normal production per tree and per acre for red seedless grapefruit,
2000-01

Boxes Total
Age of Tree Trees /tree boxes
Total no. Proportion No. ea.
all ages ea. age" age ------- No. --------
3 years 119 x 0.03 = 3.6 x 1.0 = 3.6
4 years 119 x 0.03 = 3.6 x 1.7 = 6.1
5-15 years 119 x 0.33 = 39.2 x 4.0 = 156.8
Prod. 50% of
exp. yield 119 x 0.03 = 3.6 x 3.0 = 10.8
Over 16 years 119 x 0.49 = 58.2 x 6.5 = 378.3

Total boxes = 555.6
'Proportion adds up to 91 percent as 9 percent of the trees were non-bearing (pulled and reset, 1
and 2 year old trees; see page 5).


BUDGET COSTS AND RETURNS

The estimated budget costs and returns for the two Southwest Florida grove situations are shown in
Tables 5 and 7. The budgeted costs represent one possible citrus production program and were selected from
the costs shown in the ADDENDA tables. The costs presented in the budgets represent an owner-
managed citrus operation. The gross revenue estimates are based on the projected yields in Tables 3 and
4 and estimated preliminary on-tree prices for the 2000-01 season. Historical on-tree prices for selected
Florida citrus varieties are shown in Table 15-A of the ADDENDA.
As shown in Table 5, the total revenue for processed-market Hamlin oranges is estimated to be
$1,300.32 per acre. Total specified costs are $817.04 and are comprised of grove care costs of $769.04, plus
management cost of $48.00. Return to land and trees of $483.28 represents net return above variable costs.
At 350 and 550 boxes per acre, respectively, the break-even price required to cover grove care costs for
Hamlin oranges range from $2.20 to $1.40 per box on-tree and $0.68 to $0.56 per pounds solids delivered-in.
In Table 7, total revenue for fresh market red seedless grapefruit is estimated to be $1,104.45 per acre.
Total specified costs are $912.79, being comprised of grove care costs of $864.79, plus management cost
of $48.00. Return to land, trees, and ownership or net return above variable costs is $191.66. At 350 and
550 boxes per acre, respectively, the break-even price required to cover grove care costs for seedless
grapefruit range from $2.47 to $1.57 per box on-tree and $1.25 to $1.06 per pound solids delivered-in for
eliminations.






7

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, variety of fruit, etc. and should be considered in
arriving at a net return to land, trees, and ownership (total return minus total costs). Harvest costs (pick,
roadside, and hauling costs) also add to the total fruit cost delivered to either a processing plant or fresh fruit
packinghouse. Also, average annual debt payment (principal and interest) may be as high as $435 per acre
($3,700 average debt per acre @ 10 percent interest amortized over 20 years) which would reduce total
available cash for grove expansion or other investment.
An estimated "delivered-in" costs are shown for processed oranges in Table 6 and fresh packed red
grapefruit in Table 8. "Delivered-in" costs include grove care costs (Tables 5 and 6) plus harvesting,
regulatory, and grower assessment costs. The "delivered-in" costs are presented as a cost per acre, per box,
and per pound solids or per carton. Three possible budget cost scenarios are presented (Refer to Tables 13-A
and 14-A): 1) Low Cost Processed Cultural Program; 2) Reduced Cost Cultural Program; and 3)
Typical/Historical Cultural Program. Scenarios 1 and 2 represent costs of two possible cultural programs
directed toward reducing the expenditures for fruit grown primarily for the fresh/processed market. The third
scenario represents typical costs of grove practices which have been performed for citrus grown for the fresh
fruit market in the case of grapefruit and the processed market in the case or oranges. Modified herbicide
and/or spray and fertilizer programs account for the reduced costs. NOTE: Before modifying a grove
management program to reduce costs, an evaluation of the market program (processed or fresh), yield, and
specific cultural problems (nutrition, disease, etc.) for the specific grove site should be made. Also, in Table
9, the total estimated F.O.B. cost for fresh packed Red grapefruit is shown. The F.O.B. costs are presented
for "fresh fruit packout percentage rates" ranging from 50 percent to 100 percent.


HISTORICAL COST TRENDS


Annual budgets of costs and returns for mature, processed Hamlin oranges and mature fresh-market
seedless grapefruit in the Southwest Florida area have been developed and published in each of the past five
years. Estimated cost and return histories for 1996-97 through 1999-00 along with 2000-01, and a five-year
average are presented in Tables 10 and 12. To allow comparisons in current values, these same costs and
returns, adjusted to 2001 dollars, are presented in Tables 11 and 13.








Table 5.--Estimated annual per acre costs and returns for a mature, Hamlin orange grove producing for the processed market, Southwest Florida area, 2000-01'

Item Description Amount Your cost

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

I. Revenue 504 boxes @ $2.58b 1,300.32

II. Expenses

Weed control
Mow middles 3 times per year 25.07
Chemical mow (Table 2-A, Program #10) 2 times per year 16.28
General grove work/sprouting (2 labor hours per acre) 24.20
Herbicide (Table 2-A, Program #1, #6, & #8) 116.82 182.37
Spray program (Table I-A, Programs #13 & #14) 118.19
Fertilizer (Table 3-A, Program #4) 129.90
Dolomite (Table 6-A, Program #1) 10.70
Pruning (maintenance)
Topping ($253.33/hr. + 8 A/hr.) + 2.5 yrs. 12.67
Remove brush from trees ($24.66/A 2.5 yrs.) 9.86
Hedging ($238.33/hr. 8 A/hr.) + 2 yrs. 14.90
Mow brush (S8.00/A 2 yrs.) 4.00 41.43
Tree replacement and care (Table 12-A) (1 through 3 years)
Remove trees 4 trees per acre 19.92
Prepare sites and plant resets Including 4 trees per acre 43.44
Supplemental fertilizer, sprout, etc. (Trees 1-3 years) Including application 35.56 98.92
Microsprinkler irrigation (Table 7-A, Program #4) 150.62
Drainage ditch annual costs (Table 7-A, Program #5) 36.91 __
Total grove care expenses 769.04

III. Management $4.00 per acre per month' 48.00 __

IV. Total specified costs 817.04

V. Return to land, trees, and ownership 483.28

VI. Break-even price for total grove care expenses

Boxes per acre Boxes per acre
350 400 450 500 550 350 400 450 500 550

S On-tree price per box $ Delivered-in price per pound solids'
2.20 1.92 1.71 1.54 1.40 0.68 0.64 0.61 0.58 0.56

'Although the estimated annual per acre grove costs shown in Tables 5 and 6 are representative for a mature Southwest Florida Hamlin orange and red seedless grapefruit grove, respectively, the grove care costs
for a specific grove site may differ depending upon the grove practices performed; e.g., a Temik application would add $123.60 per acre; extensive tree loss due to blight or tristeza could at least double, if not increase
more, the tree replacement and care costs; etc. Also, truck watering of resets could add another $8.31 per acre (average 5 waterings).
bOn-tree price per box is preliminary; assumes price for processed oranges only.
'Other methods to estimate a management cost-e.g., 5% of gross sales 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.
dOther 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 grove establishment.
'Assumes 6.2 pounds solids per box and $1.85 pick and haul cost per box (including canker decontamination costs) and Department of Citrus advertising assessment of $0.175 per box.








Table 6.--Estimated total delivered-in cost for Southwest Florida Hamlin oranges grown for the processed market under three cultural cost programs, 2000-01

Represents a mature (10+ years old) Processed Hamlin Oranges Processed Hamlin Oranges Processed Hamlin Oranges
Southwest Florida Orange Grove Low Cost Reduced Cost Typical/Historical High Cost
Cultural Program Cultural Program Cultural Program
$/Acre $/Box $/P.S. $/Acre $/Box $/P.S. $/Acre $/Box $/P.S.
Total Production/Cultural Costs $ 712.21 $1.413 $0.2279 $ 769.04 $1.526 $0.2461 $ 807.42 $1.602 $0.2584

Interest on Operating (Cultural) Costs 35.61 0.071 0.0114 38.45 0.076 0.0123 40.37 0.080 0.0129

Management Costs 48.00 0.095 0.0154 48.00 0.095 0.0154 48.00 0.095 0.0154

Taxes/Regulatory Costs:
Property Tax and Water Management
District Tax 61.00 0.121 0.0195 61.00 0.121 0.0195 61.00 0.121 0.0195
Canker Decontamination Costs 27.72 0.055 0.0089 27.72 0.055 0.0089 27.72 0.055 0.0089

Total Direct Grower Costs $ 884.54 $1.755 $0.2831 $ 944.21 $1.873 $0.3022 $ 984.51 $1.953 $0.3151

Interest on Average Capital Investment Costs 367.85 0.730 $0.1177 367.85 0.730 0.1177 367.85 0.730 0.1177

Total Grower Costs $1,252.39 $2.485 $0.4008 $1,312.06 $2.603 $0.4199 $1,352.36 $2.683 $0.4328

Harvesting and Assessment Costs:
Pick/Spot Pick, Roadside & Haul and
Canker Decontamination Costs 957.60 1.900 0.3065 957.60 1.900 0.3065 957.60 1.900 0.3065
DOC Assessment 88.20 0.175 0.0282 88.20 0.175 0.0282 88.20 0.175 0.0282

Total Harvesting and Assessment Costs 1,045.80 2.075 0.3347 1,045.80 2.075 0.3347 1,045.80 2.075 0.3347

Total Delivered-In Cost $29819 $4.560 $0.7355 $2.35786 $4.678 $0.7546 $2398.16 $4.758 $0.7675


P.S. = Pound Solids Refer to cultural program shown Refer to cultural program shown in A Fall Miticide Spray added to the
Yield: 504 boxes/acre @ 6.2 P.S. per box on Table 13-A. Table 5. cultural program shown in Table 5.
145 trees per acre
Only summer spray with oil,
copper, and Agri-Mek.






Table 7.--Estimated annual per acre costs and returns for a mature, red seedless grapefruit grove producing for the fresh market, Southwest Florida area, 2000-Ol

Item Description Amount Your cost

..-------..-----. Dollars -------------
I. Revenue 555 boxes @ $1.99b 1,104.45

II. Expenses
Weed control
Mow middles 3 times per year 25.07
Chemical mow (Table 2-A, Program #10) 2 times per year 16.28
General grove work/sprouting (2 labor hours per acre) 24.20
Herbicide (Table 2-A, Program #1, #6, & #8) 116.82 182.37
Spray program (Table 1-A, Programs #1, #6, #13, #15, & #19) 256.87
Fertilizer (Table 3-A, Program #2) 103.90
Dolomite (Table 7-A, Program #1) 10.70
Pruning (maintenance)
Topping ($253.33/hr. 8 A/hr.) + 2.5 yrs. 12.67
Remove brush from trees ($24.66/A + 2.5 yrs.) 9.86
Hedging ($238.33/hr. + 8 A/hr.) 2 yrs. 14.90
Raise skirts of trees ($15.60/A +2 yrs.) 7.80
Removing/chop brush ($8.00/A + 2 yrs.) 4.00 49.23
Tree replacement and care (Table 12-A) (1 through 3 years)
Remove trees 3 trees per acre 14.94
Prepare sites and plant resets Including 3 trees per acre 32.58
Supplemental fertilizer, etc. (Trees 1-3 years) Including application 26.67 74.19
Microsprinkler irrigation (Table 7-A, Program #4) 150.62
Drainage ditch annual costs (Table 7-A, Program #5) 36.91 __
Total grove care expenses 864.79
III. Management 48.00 __
IV. Total specified costs 912.79 .
V. Return to land, trees, and ownership 191.66
VI. Break-even price for total grove care expenses

Boxes per acre Boxes per acre
350 400 450 500 550 350 400 450 500 550

$ On-tree price per box $ Delivered-in price per pound solids for eliminations'
2.47 2.16 1.92 1.73 1.57 1.25 1.18 1.13 1.09 1.06

'Although the estimated annual per acre grove costs shown in Tables 5 and 6 are representative for a mature Southwest Florida Hamlin orange and red seedless grapefruit grove, respectively, the grove care costs
for a specific grove site may differ depending upon the grove practices performed; e.g., a Temik application would add $ 119.76 per acre; extensive tree loss due to blight or tristeza could at least double, if not increase
more, the tree replacement and care costs; etc. Also, truck watering of resets could add another $8.31 per acre (average 5 waterings).
bOn-tree price per box is preliminary; assumes average of all methods of sale (fresh and processed). Price assumes 75% of fruit harvested packed fresh.
'Other methods to estimate a management cost-e.g., 5% of gross sales 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.
dOther 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 grove establishment.
'Assumes 4.7 pounds solids per box and $2.42 pick and haul cost per box (includes spot picking and fruit drenching plus D.O.C. $0.30 advertising tax and canker decontamination costs), $0.55 per box handling
through packinghouse, and $0.45 per box delivery to processing plant.






Table 8.--Estimated total delivered-in cost for Southwest Florida Red Grapefruit grown for the fresh/processed market under three cultural cost programs,
2000-01
Represents a mature (10+ years old) Processed Red Grapefruit Fresh Packed Red Grapefruit Fresh Packed Red Grapefruit
Southwest Florida Red Grapefruit Grove Low Cost Reduced Cost Typical/Historical
Cultural Program Cultural Program Cultural Program
$/Acre $/Box $/P.S. $/Acre $/Box $/Carton $/Acre $/Box $/Carton
Total Production/Cultural Costs $687.48 $1.239 $0.2636 $819.31 $1.476 $0.7381 $864.79 $1.558 $0.7791

Interest on Operating (Cultural) Costs 34.37 0.062 0.0132 40.97 0.074 0.0369 43.24 0.078 0.0390

Management Costs 48.00 0.086 0.0184 48.00 0.086 0.0432 48.00 0.086 0.0432

Taxes/Regulatory Costs:
Property Tax and Water Management
District Tax 48.80 0.088 0.0187 48.80 0.088 0.0440 48.80 0.088 0.0440
Fly Protocol Cost 49.30 0.089 0.0444 49.30 0.089 0.0444
Canker Decontamination Costs 27.72 0.055 0.0089 27.72 0.055 0.0089 27.72 0.055 0.0089

Total Taxes/Regulatory Costs 76.52 0.143 0.0276 125.82 0.232 0.0972 125.82 0.232 0.0972

Total Direct Grower Costs $846.37 $1.530 $0.3227 $1,034.10 $1.868 $0.9155 $1,081.85 $1.954 $0.9585

Interest on Average Capital Investment Costs 367.85 0.805 $0.1713 367.85 0.663 0.3314 367.85 0.663 0.3314

Total Grower Costs $1,214.22 $2.335 $0.4940 $1,401.95 $2.531 $1.2469 $1,449.70 $2.617 $1.2899

Harvesting and Assessment Costs:
Pick/Spot Pick, Roadside & Haul and
Canker Decontamination 971.25 1.750 0.3723 1,054.50 1.900 0.9500 1,054.50 1.900 0.9500
Fruit Drenching (Fresh) 94.35 0.170 0.0850 94.35 0.170 0.0850
DOC Assessment 166.50 0.300 0.0638 194.25 0.350 0.1750 194.25 0.350 0.1750

Total Harvesting and Assessment Costs 1,137.75 2.050 0.4400 1,343.10 2.420 1.2100 1,343.10 2.420 1.2100

Total Delivered-In Cost $2.351.97 $4.385 $0.9301 $2.745.05 $4.951 $2.4569 $2,792.80 $5.037 $2.4999

Two cartons per box Refer to cultural program shown Refer to cultural program shown on Refer to cultural program shown in
P.S. = Pound Solids on Table 14-A. Table 14-A. Table 7.
Yield: 555 boxes/acre @ 4.7 P.S. per box
119 trees per acre Only summer spray with oil, Assumes 100% packout Assumes 100% packout
copper, and Agri-Mek. _







12



Table 9--Estimated F.O.B. cost for fresh market Southwest Florida Red grapefruit, 2000-01

Percent Packout 50.00% Percent Packout 60.00% Percent Packout 70.00%
Box Yield Per Acre 555 Box Yield Per Acre 555 Box Yield Per Acre 555

Per Acre Per Box Per Carton Per Acre Per Box Per Carton Per Acre Per Box Per Carton

Total Production/
Cultural Costs $864.79 $3.116 $1.5582 $864.79 $2.597 $1.2985 $864.79 $2.226 $1.1130

Interest on Operating
(Cultural Costs) 43.24 0.156 0.0779 43.24 0.130 0.0649 43.24 0.111 0.0556

Management 48.00 0.173 0.0865 48.00 0.144 0.0721 48.00 0.124 0.0618

Taxes/Regulatory 125.72 0.453 0.2265 125.72 0.378 0.1888 125.72 0.324 0.1618

Interest on Average
Capital Investment 367.85 1.326 0.6628 367.85 1.105 0.5523 367.85 0.947 0.4734

Harvesting (Pick, Haul,
Etc.) and
DOC Assessment 1343.10 4.840 2.3250 1.290.38 3.875 1.9375 1.290.38 3.321 1.6607

Total Delivered-In Cost $2,792.70 $10.064 $4.9369 $2,739.97 $8.228 $4.1141 $2,739.97 $7.053 $3.5264

Packing & Selling 2,100.68 7.570 3.7850 2,520.81 7.570 3.7850 2,940.94 7.570 3.7850

Fresh Eliminations Costs
(Credit)' -348.54 -1.256 -0.6280 -278.83 -0.837 -0.4187 -209.12 -0.538 -0.2691

Total F.O.B. Costs $4,544.83 $16.378 $8.0939 $981.95 $14.961 $74804 $5471.80 $14.084 7.0422

Percent Packout 80.00% Percent Packout 90.00% Percent Packout 100.00%
Box Yield Per Acre 555 Box Yield Per Acre 555 Box Yield Per Acre 555

Per Acre Per Box Per Carton Per Acre Per Box Per Carton Per Acre Per Box Per Carton

Total Production/
Cultural Costs $864.79 $1.948 $0.9739 $864.79 $1.731 $0.8657 $864.79 $1.558 $0.7791

Interest on Operating
(Cultural) Costs 43.24 0.097 0.0487 43.24 0.087 0.0433 43.24 0.078 0.0390

Management 48.00 0.108 0.0541 48.00 0.096 0.0480 48.00 0.086 0.0432

Taxes/Regulatory 125.72 0.283 0.1416 125.72 0.252 0.1258 125.72 0.227 0.1133

Interest on Average
Capital Investment 389.85 0.878 0.4390 389.85 0.780 0.3902 389.85 0.702 0.3512

Harvesting (Pick, Haul,
Etc.) and
DOC Assessment 1.290.38 2.906 1.4531 1.290.38 2.583 1.2917 1.290.38 2.325 1.1625

Total Delivered-In Cost $2,761.97 $6.221 $3.1103 $2,761.97 $5.529 $2.7647 $2,761.97 $4.977 $2.4883

Packing & Selling 3,361.08 7.570 3.7850 3,781.22 7.570 3.7850 4,201.35 7.570 3.7850

Fresh Eliminations Costs
(Credit)' -139.42 -0.314 -0.1570 -69.71 -0.140 0.0698 0.00 0.000 0.0000

Total F.O.B. Costs $5983.64 $13.477 $6.7383 $6473.48 $12.960 $6.4800 $696332 $12.54 $6.2733

""Net Eliminations Cost" equals the average yield of 4.70 pound solids per box times $0.48 per pound solids less packinghouse elimination charge
and cannery hauling charge of $1.00 per box.










Table 10.--Estimated annual per acre costs and returns and 5-year average costs and returns for a mature, Hamlin orange grove producing citrus
for processed market in the Southwest Florida area, 1996-97-2000-01


On-tree Gross Total grove Total specified Net return to land,
Year price/box' Yield revenue care expenses costs trees, and ownership

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

1996-97 $3.11 477 1,483.47 731.10 779.10 704.37

1997-98 $2.76 477 1,316.52 730.25 778.25 538.27

1998-99 $4.12 504" 2,076.48 745.18 793.18 1,283.30

1999-00 $3.07 504' 1,547.28 758.85 806.85 740.43

2000-01 $2.58b 504C 1,300.32 769.04 817.04 483.28

5-yr. avg. $3.13 493 1,543.09 746.88 794.88 748.21

'On-tree prices for processed oranges only as reported by the Florida Agricultural Statistics Service.
bPreliminary estimate by authors at time of printing and is not a published price.
"Higher per acre yield is due to increased average tree density of Hamlin citrus groves in Southwest Florida.
dA management cost of $4.00 per acre per month is included. Fixed costs such as taxes, debt service, and crop insurance are not
included.










Table 11.--Estimated annual per acre costs and returns and 5-year average costs and returns (adjusted to 2001 dollars) for a mature, Hamlin
orange grove producing citrus for processed market in the Southwest Florida area, 1996-97-2000-01


Adjusted
Inflation on-tree Gross Total specified Net return to land,
Year factor index' price/box Yield revenue costs trees, and ownership

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

1996-97 108.0 $3.36 477 1,602.72 841.43 761.29

1997-98 110.8 $3.06 477 1,459.62 862.30 597.32

1998-99 109.8 $4.52 504 2,278.08 870.91 1,407.17

1999-00 103.8 $3.19 504 1,607.76 837.51 770.25

2000-01 100.0 $2.58 504 1,300.32 817.04 483.28

5-yr. avg. $3.34 493 1,646.62 845.84 800.78

"Producer price index for each year adjusted to 2001 prices (2001 = 100), with 2001 producer price index estimated to be 137.8. Producer
price index for other years are: 1997 = 127.6; 1998 = 124.4; 1999 = 125.5; and 2000 = 132.7.

bA management cost of $4.00 per acre per month is included. Fixed costs such as taxes, debt service, and crop insurance are not included.
(Refer to Table 10.)











Table 12.--Estimated annual per acre costs and returns and 5-year average costs and returns for a mature, red seedless grapefruit grove
producing citrus for fresh market packing in the Southwest Florida area, 1996-97-2000-01


On-tree Gross Total grove Total specified Net return to land,
Year price/box" Yield revenue care expenses costsd trees, and ownership

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

1996-97 $1.91 510 974.10 821.94e 869.94 (104.16)

1997-98 $1.50 510 765.00 819.44e 867.44 (102.44)

1998-99 $2.65 555c 1,470.75 843.97 891.97 578.78

1999-00 $3.85 555C 2,136.75 867.06 915.66 1,221.69

2000-01 $1.99b 555c 1,104.45 864.79 912.79 191.66

5-yr.avg. $2.38 537 1,278.06 843.44 891.44 386.62

"On-tree prices for all sales methods as reported by the Florida Agricultural Statistics Service.
bPreliminary estimate by authors at time of printing and is not a published price.

dHigher per acre yield due to increased average tree density for red grapefruit citrus groves in Southwest Florida.
dA management cost of $4.00 per acre per month is included. Fixed costs such as taxes, debt service, and crop insurance are not included.

eBeginning in 1996-97, costs were less than previous years due to a decrease in nitrogen application from 180 lbs of N/acre to 150 Ibs as
well as the cost of materials reported being less than 1995-96.










Table 13.--Estimated annual per acre costs and returns and 5-year average costs and returns (adjusted to 2001 dollars) for a mature, red seedless
grapefruit grove producing citrus for fresh fruit packing in the Southwest Florida area, 1996-97-2000-01


Adjusted
Inflation on-tree Gross Total specified Net return to land,
Year factor indexa price/box Yield revenue costs trees, and ownership

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

1996-97 108.0 $2.06 510 1,050.60 939.54 111.06

1997-98 110.8 $1.66 510 846.60 961.12 (114.52)

1998-99 109.8 $2.91 555 1,615.05 979.38 635.67

1999-00 103.8 $4.00 555 2,220.00 950.46 1,269.54

2000-01 100.0 $1.99 555 1,104.45 912.79 191.66

5-yr. avg. $2.52 537 1,353.24 948.66 404.58

'Producer price index for each year adjusted to 2001 prices (2001 = 100), with 2001 producer price index estimated to be 137.8. Producer
price index for other years are: 1997 = 127.6; 1998 = 124.4; 1999 = 125.5; and 2000 = 132.7.

bA management cost of $4.00 per acre per month is included. Fixed costs such as taxes, debt service, and crop insurance are not included.
(Refer to Table 12.)








REFERENCES


1. Citrus Summary 1999-01. Florida Agricultural Statistics Service. Florida Agricultural Statistics.
January 2001.

2. Knapp, J. L. (Ed.). 2001 Florida Citrus Pest Management Guide. Univ. of Fla. Coop. Ext. Svc. SP
43. Gainesville: Jan. 2001. 76pp.

3. Muraro, Ronald P. "A Listing of Estimated Comparative Southwest Florida Citrus Production
Costs Per Acre for 2000-01." Lake Alfred Citrus Research and Education Center (CREC) Report.
Lake Alfred, FL: June 2001.

4. "Cost for Establishing, Planting, and Maintaining a Citrus Grove through Four Years of
Age, South Florida Flatwoods Area." Lake Alfred CREC Report. Lake Alfred, FL: Nov. 1989.

5. "Estimated Cost of Planting and Maintaining a Reset Citrus Tree through Three Years of
Age." Lake Alfred CREC Report. Lake Alfred, FL: Dec. 2000.

6. "A Listing of 2001 Custom Rates Reported by Twenty-three Indian River and South
Florida Citrus Caretakers." Lake Alfred CREC Report. Lake Alfred, FL: June 2001.

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

8. Tucker, D. P. H., A. K. Alva, L. K. Jackson, and T. A. Wheaton (Eds.). Nutrition of Florida Citrus
Trees. Univ. of Fla. Coop. Ext. Svc. SP 169. Gainesville: 1995. 61 pp.







18

ADDENDA: Listing of Grove Care Programs for Southwest Florida Citrus Production for Both
Round Oranges and Grapefruit
Page

Table 1-A. Spray programs ................................................ 19
Post bloom spray .................................................. 19
Summer spray .................................................... 21
Fall spray ....................................................... 22

Table 2-A. Herbicide ................ ..................................... 23

Table 3-A. Dry fertilizer .................................................... 26

Table 4-A. Liquid fertilizer (Double boom application) ............................ 27

Table 5-A. Nematicides ..................................................... 27

Table 6-A. Soil amendment .................................................. 28

Table 7-A. Irrigation--annual cost per acre ...................................... 28
Drip ........................................................ 28
Microsprinkler .................................................... 28
Drainage ditch annual costs ......................................... 28

Table 8-A. A listing of 2001 custom rates reported by twenty-three Indian River and South
Florida citrus caretakers ................ ........................... 29

Table 9-A. 2001 summary of average chemical price estimates ...................... 31

Table 10-A. 2001 summary of average fertilizer price estimates ....................... 33

Table 11-A. Cost for establishing, planting and maintaining a citrus grove through four years
of age, South Florida flatwoods area ............... .............. ...... 35

Table 12-A. Estimated cost of planting and maintaining a reset citrus tree through three years
of age, December 2000 ............................................. 36

Table 13-A. A listing of estimated comparative Southwest Florida citrus production costs per
acre for oranges, 2000-01 ........................................ 37

Table 14-A. A listing of estimated comparative Southwest Florida citrus production costs per
acre for grapefruit, 2000-01 ................. ....................... 38

Table 15-A. Historic prices for selected citrus varieties .............................. 39

Table 16-A. Debt which can be supported per $1,000.00 annual payment capacity ......... 40

Abbreviations for important chemicals are:

B = Boron Fe = Iron Mn = Manganese Zn = Zinc
Cu = Copper Mg = Magnesium N = Nitrogen









Table 1-A.--Spray programs


POST BLOOM SPRAY


Spray Program #1


Spray Program #2


Spray Program #3


Spray Program #4


Materials/Ingredients

Cu (50% metallic)
Zn
Mn
B

Ground Application
(PTO driven airblast)

Total per Application


Materials/Ingredients

Cu (50% metallic)
Zn
Mn
Micromite 25WP
Ground Application
(PTO driven airblast)
Total per Application


Materials/Ingredients

Cu (50% metallic)
Ethion
Oil 97+%
Ground Application
(PTO driven airblast)

Total per Application


Materials/Ingredients
Cu (50% metallic)
Potassium Nitrate
Lorsban 4EC
Hystop (pH Reducer)

Ground Application
(PTO driven airblast)
Total per Application


Your
Cost/Acre


Amount
/Acre

15 lbs
5 lbs
10 lbs
0.25 lbs

150 gals


Cost/Acre

$16.95
3.95
3.10
1.15

21.90


$47.05


Your
Cost/Acre


Amount
/Acre

10 lbs
5 lbs
10 lbs
1.25 lbs
100 gals


Cost/Acre

$11.30
3.95
3.10
37.10
19.23


$74.68


Amount
/Acre

7 lbs
5 pts
3 gals
100 gals


Your
Cost/Acre


Cost/Acre

$ 7.91
20.75
6.51
19.23


$54.40


Your
Cost/Acre


Amount
/Acre

7 lbs
10 lbs
4pts
1 pt

100 gals


Cost/Acre

$ 7.91
1.79
21.00
1.91


19.23


$51.84


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- --- -- --- -- --- -- --- - -- --- -- --- -- --- -- --- -- --- -- --- -- --- -- --- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


1









Table 1-A.--Spray programs (cont'd.)

POST BLOOM SPRAY (cont'd.)


Spray Program #5


Spray Program #6


Spray Program #7


Spray Program #8


Spray Program #9
(Scale insects)


Materials/Ingredients
Kelthane MF
Cu (50% metallic)
Ground Application
(PTO driven airblast)
Total per Application


Materials/Ingredients
Ethion
Cu (50% metallic)
Oil 97+%
Ground Application
(PTO driven airblast)
Total per Application


Materials/Ingredients
Cu (50% metallic)
Zn
Mn
B
Ethion
Ground Application
(engine driven airblast)
Total per Application



Materials/Ingredients
Vendex 4L
Ground Application
(PTO driven airblast)
Total per Application


Materials/Ingredients
Lorsban 4EC
Ground Application
(engine driven airblast)
Total per Application


Amount
/Acre
5 pts
10 lbs
250 gals


Your
Cost/Acre


Cost/Acre
$20.30
11.30
23.00


$54.60


Amount
/Acre
6pts
8 lbs
3 gals
250 gals


Your
Cost/Acre


Cost/Acre
$24.90
9.04
6.51
23.00


$63.45


Your
Cost/Acre


Amount
/Acre
7 lbs
5 lbs
10 lbs
0.25 lbs
6 pts
500 gals


Cost/Acre
$ 7.91
3.95
3.10
1.15
24.90
29.03


$70.04


Amount
/Acre
2 lbs
150 gals


Your
Cost/Acre


Cost/Acre
$30.88
21.90


$52.78


Amount
/Acre
5pts
500 gals


Your
Cost/Acre


Cost/Acre
$26.25
29.03


$55.28


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --









Table 1-A.--Spray programs (cont'd.)


SUMMER SPRAY


Spray Program #10


Spray Program #11


Spray Program #12


Spray Program #13


Materials/Ingredients

Oil 97+%
Cu (50% copper)

Ground Application
(PTO driven airblast)

Total per Application


Materials/Ingredients

Oil 97+%
Cu (50% metallic)
Agri-Mek
Ground Application
(PTO driven airblast)
Total per Application


Materials/Ingredients
Cu (50% metallic)
Oil 97+%
Agri-Mek

Ground Application
(PTO driven airblast)

Total per Application


Materials/Ingredients
Enable
Oil 97+%
Agri-Mek

Ground Application
(PTO driven airblast)
Total per Application


Amount
/Acre

10 gals
7 lbs

250 gals


Your
Cost/Acre


Cost/Acre

$21.70
7.91

23.00


$52.61


Amount
/Acre

5 gals
7 lbs
5 ozs

150 gals


Your
Cost/Acre


Cost/Acre

$10.85
7.91
20.65
21.90


$61.31


Amount
/Acre
7 lbs
5 gals
10 ozs

250 gals


Your
Cost/Acre


Cost/Acre

$ 7.91
10.85
41.30

23.00


$83.00


Amount
/Acre

8 oz
5 gals
5 ozs

250 gals


Your
Cost/Acre


Cost/Acre

$12.83
10.85
20.65

23.00


$67.33


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --










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


Spray Program #14


Materials/Ingredients

Cu (50% metallic)
Oil 97+%
Zn
Mn
B

Ground Application
(PTO driven airblast)

Total per Application


Spray Program #15


Materials/Ingredients

Cu (50% metallic)
Oil 97+%

Ground Application
(PTO driven airblast)

Total per Application


FALL SPRAY


Spray Program #16


Spray Program #17


Spray Program #18


Materials/Ingredients

Agri-Mek

Ground Application
(PTO driven airblast)
Total per Application


Materials/Ingredients

Thiolux 80 DF (sulfur)

Aerial Application

Total per Application


Materials/Ingredients

Kelthane MF

Aerial Application

Total per Application


Your
Cost/Acre


Amount
/Acre

7 lbs
5 gals
5 lbs
10 lbs
0.25 lbs

150 gals


Cost/Acre

$ 7.91
10.85
3.95
3.10
1.15
21.90


$50.86


Amount
/Acre

7 lbs
5 gals

150 gals


Your
Cost/Acre


Cost/Acre

$ 7.91
10.85
21.90


$40.66


Cost/Acre

$41.30

21.90


$63.20


Cost/Acre

$ 9.00


Your
Cost/Acre


Your
Cost/Acre


Amount
/Acre

10 ozs

150 gals


Amount
/Acre

15 lbs

15 GPA


Amount
/Acre

6 pts
15 GPA


7.50

$16.50


Your
Cost/Acre


Cost/Acre

$24.36

7.50

$31.86


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --









Table 1-A.-Spray program (cont'd.)
FALL SPRAY (cont'd.)


Spray Program #19


Materials/Ingredients


Vendex 4L


Aerial Application
Total per Application


Table 2-A.--Herbicide


Herbicide Program #1
(Strip/band)


Herbicide Program #2

(Strip/band)


Materials
Solicam 80DF
Karmex WP
Roundup Ultra

Ground Application
(1 time)
Total for 1 Application


Materials

Surflan A80 DF
Simazine 4L
Roundup Ultra

Ground Application
(1 time)
Total for 1 Application


Amount/
Treated Acre
3 lbs
4 lbs
2 qts


Cost/
Grove Acre"
$21.56
8.04
9.30

8.58


$47.48


Amount/
Treated Acre


2 qts
4 qts
2 qts


Cost/
Grove Acre'

$16.92
6.48
9.30


8.58


$41.28


Herbicide Program #3

(Strip/band)


Amount/
Treated Acre


Materials


Karmex WP
Roundup Ultra
Ground Application
(1 time)
Total for 1 Application


4 lbs
2 qts


Cost/
Grove Acre"

$ 8.04
9.30


8.58


$25.92


"With respect to herbicide materials, Amount Per Grove Acre does not equal Amount Per Treated Acre
shown on the label as only a strip or band is being treated. In this report, it is assumed that only 50% or
one-half of a grove acre is being treated.


Amount
/Acre


Cost/Acre


2 lbs


Your
Cost/Acre


15 GPA


$30.88
7.50
$38.38


Your Cost/
Grove Acre


Your Cost/
Grove Acre


Your Cost/
Grove Acre


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --










Table 2-A.--Herbicide (cont'd.)


Herbicide Program #4

(Strip/band)


Materials

Solicam 80DF
Simazine 4L
Roundup Ultra

Ground Application
(1 time)

Total for 1 Application


Amount/
Treated Acre

8 lbs
4 qts
2 pts


Cost/
Grove Acre"

$57.48
6.48
4.65

8.58


$77.19


Herbicide Program #5

(Strip/band)


Herbicide Program #6

(Strip/band)


Materials

Roundup Ultra

Ground Application
(1 time)

Total for 1 Application


Materials

Krovar I
Roundup Ultra

Ground Application
(1 time)

Total for 1 Application


Amount/
Treated Acre

4 qts


Amount/
Treated Acre

5 lbs
2 qts


Herbicide Program #7

(Strip/band)


Herbicide Program #8

(Strip/band)


Materials

Princep (Caliber 90)
Hyvar X
Adjuvant (Surfactant)

Ground Application
(1 time)

Total for 1 Application


Materials

Roundup Ultra
Princep (Caliber 90)

Ground Application
(1 time)

Total for 1 Application


Amount/
Treated Acre

4 lbs
6 lbs
2 pts


Amount/
Treated Acre

2 qts
4 lbs


Your Cost/
Grove Acre


Cost/
Grove Acre'

$18.60

8.58


Your Cost/
Grove Acre


$27.18


Your Cost/
Grove Acre


Cost/
Grove Acre'

$27.08
9.30

8.58


$44.96


Your Cost/
Grove Acre


Cost/
Grove Acre"

$ 6.50
52.08
1.78

8.58


$68.94


Your Cost/
Grove Acre


Cost/
Grove Acre"

$ 9.30
6.50

8.58


$24.38


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --









Table 2-A.--Herbicide (cont'd.)


Herbicide Program #9

(Strip/band)


Herbicide Program #10

(Chemical mow)


Materials

Direx 4L
Solicam
Adjuvant (Surfactant)

Ground Application
(1 time)

Total for 1 Application


Materials

Roundup Ultra

Ground Application
(1 time)

Total for I Application


Amount/ Cost/
Treated Acre Grove Acre"

3 qts $ 6.90
3 lbs 21.56
1 qt 1.78

8.58


$38.82


Amount/
Treated Acre

1 pt


Cost/
Grove Acre"

$2.33

5.81


$8.14


Herbicide Program #11

(Chemical mow)


Herbicide Program #12

(Spot treatment)


Materials

Roundup Ultra

Ground Application
(1 time)

Total for 1 Application


Materials

Roundup Ultra

Ground Application
(1 time)

Total for 1 Application


Amount/
Treated Acre

1.5 pts


Amount/
Treated Acre

2 qts


Your Cost/
Grove Acre


Your Cost/
Grove Acre


Cost/
Grove Acre8

$ 3.50

5.81


Your Cost/
Grove Acre


$9.31


Cost/
Grove Acre"

$ 9.30

5.47


Your Cost/
Grove Acre


$14.77


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --










Table 3-A.--Dry fertilizer


Program #1

(125 lbs N/Acre)


Program #2

(150 lbs N/Acre)


Program #3

(180 lbs N/Acre)


Program #4

(204 lbs N/Acre)


Program #5

(225 lbs N/Acre)


Analysis/Material
Applied

12-2-12-2.4 MgO

Application

Total for 3 Applications


Analysis/Material
Applied

15-2-15-2.4 MgO

Application

Total for 3 Applications


Analysis/Material
Applied

15-2-15-2.4 MgO

Application

Total for 3 Applications


Analysis/Material
Applied

17-4-17-2.4 MgO

Application

Total for 3 Applications


Analysis/Material
Applied

15-2-15-2.4 MgO

Application

Total for 3 Applications


Amount
/Acre

1042 lbs

3 times


Amount
/Acre

1000 lbs

3 times


Amount
/Acre

1200 lbs

3 times


Amount
/Acre

1200 lbs

3 times


Amount
/Acre

1500 lbs

3 times


Your
Cost/Acre


Your
Cost/Acre


Your
Cost/Acre


Your
Cost/Acre


Your
Cost/Acre


Cost/Acre

$ 75.92

21.90

$96.92


Cost/Acre

$ 82.00

21.90

$103.90


Cost/Acre

$ 98.40

21.90

$120.30


Cost/Acre

$108.00

21.90

$129.90


Cost/Acre

$123.00

21.90

$144.90


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --









Table 4-A.--Liquid fertilizer (Double boom application)

Analysis/Material
Program #1 Applied
(180 lbs N/Acre) 10-0-10

Double Boom Application

Total for 3 Applications


Program #2

(180 lbs N/Acre)


Analysis/Material
Applied

10-2-10


Double Boom Application

Total for 3 Applications


Program #3

(180 lbs N/Acre)


Analysis/Material
Applied

10-0-10
Solicam 80DF
Karmex WP

Double Boom Application
Total for 3 Applications

*Treated acre--one application


Table 5-A.--Nematicides


Program #1


Analysis/Material
Applied
Temik 15G

Application

Total per Application


Amount
/Acre

1800 lbs

3 times


Your
Cost/Acre


Cost/Acre

$99.00

33.00

$132.00


Amount
/Acre

1800 lbs

3 times


Your
Cost/Acre


Cost/Acre

$106.20

33.00

$139.20


Amount
/Acre

1800 lbs
3 lbs*
4 lbs*

3 times


Your
Cost/Acre


Cost/Acre

$ 99.00
21.56
8.04

33.00

$161.60


Amount
/Acre
33 lbs


Your
Cost/Acre


Cost/Acre

$106.59

13.17

$119.76


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --


--- -- --- -- --- -- --- -- --- -- --- -- --- -- -- --- -- --- -- --- -- --- -- --- -- --- -- --










Table 6-A.--Soil amendment


Program #1
(Every 3 years)


Program #2
(Every year)


Analysis/Material
Applied
Dolomite (Delivered)
Application
Total for 1 Application
(Average 1/3 Ton Applied/Yr)


Analysis/Material
Applied
Dolomite (Delivered)
Application
Total per Application


Table 7-A.--Irrigation--annual cost per acre*
DRIP
Program #1
Operating (Electric)
$40.56
Maintenance of System 37.77
Total Cash Expenses $78.33


Fixed Depreciation Expense

Total Cash and Fixed Expenses


MICROSPRINKLER

Operating

Maintenance of System
Total Cash Expenses


Fixed Depreciation Expense

Total Cash and Fixed Expenses

DRAINAGE DITCH ANNUAL COSTS


Amount
/Acre
1 ton
1 time


Amount
/Acre
1000 lbs


Your
Cost/Acre


42.35


$120.68


Program #3
(Electric)
$46.11
42.10
$ 88.21


Your
Cost/Acre


52.94

$141.15


Ditches/Canals Maintenance ($41.88/acre 3 years)
Weed Control in Ditches/Canals
Water Control: In/Out of Ditches and Canals
Total


*Higher fuel costs over the last two years along with the extended drought situation has resulted in an
increase in irrigation applications and operating costs about $10.45 above average costs shown.


Your
Cost/Acre


Cost/Acre
$24.52
7.59
$32.11
$10.70



Cost/Acre
$12.26
7.59
$19.85


Your
Cost/Acre


Your
Cost/Acre


Program #2
(Diesel)
$36.49
39.13
$75.62


45.25

$120.87


Your
Cost/Acre


Program #4
(Diesel)
$ 38.82
44.79
$ 83.61


56.56


$140.17


Program #5


Your
Cost/Acre


$13.96
12.52
10.43
$36.91









Table 6-A.--Soil amendment


Program #1
(Every 3 years)


Program #2
(Every year)


Analysis/Material
Applied
Dolomite (Delivered)
Application
Total for 1 Application
(Average 1/3 Ton Applied/Yr)


Analysis/Material
Applied
Dolomite (Delivered)
Application
Total per Application


Table 7-A.--Irrigation--annual cost per acre
DRIP
Program #1
Operating (Electric)
$40.56
Maintenance of System 37.77
Total Cash Expenses $78.33

Fixed Depreciation Expense 42.35

Total Cash and Fixed Expenses $120.68


MICROSPRINKLER

Operating

Maintenance of System
Total Cash Expenses


Fixed Depreciation Expense

Total Cash and Fixed Expenses


Program #3
(Electric)
$46.11
42.10
$ 88.21


Amount
/Acre
1 ton
1 time


Amount
/Acre
1000 lbs


Your
Cost/Acre


Your
Cost/Acre


52.94

$141.15


DRAINAGE DITCH ANNUAL COSTS


Ditches/Canals Maintenance ($41.88/acre 3 years)
Weed Control in Ditches/Canals
Water Control: In/Out of Ditches and Canals
Total


Your
Cost/Acre







Your
Cost/Acre


Your
Cost/Acre


Your
Cost/Acre


Cost/Acre
$24.52
7.59
$32.11
$10.70



Cost/Acre
$12.26
7.59
$19.85


Program #2
(Diesel)
$36.49
39.13
$75.62

45.25

$120.87



Program #4
(Diesel)
$ 38.82
44.79
$ 83.61


56.56

$140.17


Your
Cost/Acre


Program #5

$13.96
12.52
10.43
$36.91











Table 8-A.--A listing of 2001 custom rates reported by twenty-five Indian River and South Florida citrus caretakers

Range of Rate Average
Grove Practice Unit Reported Rate' Comments

CULTIVATION AND EQUIPMENT:


Hand Labor
Mechanic Labor
Rotovate
Disc 7-8'
Disc 10'
Mow: Off-set or Side Mower
7-8'
7-8'
9-10'
9-10'
15-16'
V-Mower
Sickle Mower
Herbicide' (Strip/Band--Single Boom)
Herbicide' (Strip/Band--Single Boom)
Herbicide' (Strip/Band--Double Boom)
Herbicide' (Chemical Mow)
Temik'
Plow
Backhoe
Vine Puller
Middle Buster
Mound Builder
Grader Blade
Bush Hog
Water Truck with Driver
Pickup Truck with Driver
Flatbed/Transport Truck with Driver
Tractor with Driver
ATV with Driver


SPRAYING:'

Hand Sprayer




500 GPA
250 GPA
125 GPA
100 GPA
Curtec (25 GPA)

Aerial
Aerial
Aerial
Aerial


FERTILIZING:'


Inject Liquid Fertilizer
Liquid Boom Application:
Single Boom
Double Boom
Dry (Bulk)
Lime or Dolomite
Fertilize Young Trees:' Hand Spread
Fert. Spreader


Hour $11.00- $13.75 $12.10 Plus transportation and equipment
Hour 25.00- 40.00 33.46 Labor and service truck
Hour 30.00- 37.00 32.75
Hour 24.00- 35.00 29.40
Hour 31.00- 35.00 33.58
Hour 29.00- 35.00 32.04
Hour 27.00- 32.00 28.90
Acre 8.00- 10.00 9.18
Hour 29.00- 35.00 30.68
Acre 8.00- 10.50 9.16
Hour 32.00- 41.00 35.31 Average $8.00/acre
Hour 30.00- 34.00 32.67 Average $8.25/acre
Hour 31.00- 35.00 33.20
Hour 32.00- 37.25 33.75
Acre 12.50- 12.75 12.55 Plus materials
Acre 12.00- 12.50 12.23 Plus materials; Average $36.93/hr.
Acre 3.50- 7.50 5.81 Plus materials
Acre 12.00- 15.00 13.17 Plus materials
Hour 25.00- 35.00 30.83
Hour 37.00- 50.00 44.54
Hour 28.00- 31.00 29.50
Hour 26.00- 35.00 30.29 With tractor and driver
Hour 27.00- 35.00 32.88 With tractor and driver
Hour 27.00- 35.00 31.14 Tractor/blade and driver
Hour 29.00- 30.00 29.67
Hour 25.00- 35.00 30.77
Hour 22.00- 32.00 27.48 Average miles traveled per year: Pick-up truck 24,880 miles
Hour 25.00- 40.00 36.25 Transport truck 19,225 miles
Hour 26.00- 35.00 28.94
Hour 16.00- 29.00 20.16



Hour S $45.00 Includes tractor, handgun sprayer and 2 workers

AIR BLAST SPRAYER
Engine Driven PTO Powered

Acre 35.00- 37.50 36.17 30.00 36.00 34.10 With "tree see": PTO $37.44/Ac
Acre 29.00- 36.00 31.50 25.00 31.00 28.42 With "tree see": PTO $29.67/Ac
Acre 25.00- 28.00 25.75 20.00 25.00 23.00 With "tree see": PTO $23.53/Ac
Acre 19.00- 20.00 19.50
Acre 18.00- 21.50 19.80 (Avg. $20/acre @ 30 GPA)

Fixed Wing: $ 5.38/acre @ 5 gallons per acre
Fixed Wing: $ 6.33/acre @ 10 gallons per acre Bell Helicopter: $12.50/acre @ 10 GPA
Fixed Wing: $ 7.50/acre @ 15 gallons per acre Huie Helicopter: $18.00/acre @ 15 GPA
Fixed Wing: $11.80/acre @ 20 gallons per acre Huie Helicopter: $20.00/acre @ 20 GPA
(One reporting 130 fuel surcharge because of current fuel prices)


Hour $37.00- $42.50 $39.75 Truck + labor; one reporting $30/setting

Acre 10.00- 12.50 11.25
Acre 10.00- 12.00 11.00
Acre 6.75- 8.50 7.30 Average $33.25/hour
Acre 7.00- 8.50 7.59
Hour 11.00- 15.00 12.10 Plus transportation and materials
Hour 26.00- 35.00 30.56 Plus materials


(OVER)











Table 8-A.-A listing of2001 custom rates reported by twenty-five Indian River and South Florida citrus caretakers (cont'd.)

Range of Rate Average
Grove Practice Unit Reported Rate' Comments

IRRIGATION:


Ditch Mower
Water Furrow Disc
Water Furrow Shaper (Non-Laser)
Water Furrow Shaper (Laser Control)
Rotary Ditcher or Auger
Water Slinger
Microsprinkler/Drip Irrigation Maintenance
Microsprinkler

REMOVING TREES:

Bulldozer
Catipillar Grader
Front End Loader
Tree Shearing (Cutting Tree at Ground Level)

PRUNING:
General Pruning (Rehab/Freeze Damage)
Power Saw with Operator
Hedging:
Single Side (Tractor Pulled)
Single Side (Tractor Pulled)
Double Side (Tractor Pulled)
Double Side (Tractor Mounted)
Double Side (Self Propelled)
Double Side Rotary Boom (Self Propelled)'
Double Side Self-Propelled Fixed Boom Hedger'
Topping:
Tractor Mounted
Tractor Pulled
Tractor Pulled

Double Sided Topper
Double Boom (Self Propelled)
Double Sided (SelfPropelled)
Limb Lifter/Tree Skirt Trimmer
Limb Lifter/Tree Skirt Trimmer
Removing Brush:
Haul Brush out of Grove
Mow/Chop Brush

OTHER CUSTOM RATES:

Install Tree Wraps
Plant Trees (Solid Set)
Plant Trees (Resets)
Travel/Setup Charge
Grove Management Charge/Month:
Supervising Grove Care Operations
Handling Fruit Marketing
Supervising/Handling Chemicals/Fertilizer

Charge for personnel to oversee harvesting
operations and coordinate harvest in different
blocks/groves and keeping of harvesting labor
compliance records.

Consulting
Consulting
Total Reported Acreage Provided Grove
Service to:


Hour $35.00- $48.00 $41.63
Hour 25.00- 36.50 31.31
Hour 35.00- 40.00 37.00
Hour 70.00- 75.00 71.67
Hour 29.00- 35.00 32.08
Hour 35.00
Acre/Month 2.00- 4.50 3.53
$25.00/setting; $33.07/hour (truck and driver)


$ -

45.00-
45.00-


S -

60.00
55.00


$55.00
50.00
50.77
49.00


One reporting; 50/foot


Check & repair system; parts extra
Start/stop and supervision


Avg. range 5-15 trees per hour
Avg. range 5-20 trees per hour


Tree $ $ $3.50
Hour 16.50- 25.00 18.86


Hour
Acre
Hour
Hour
Hour
Hour
Hour

Hour
Hour
Hour


100.00-

200.00-
300.00-


137.00

260.00
315.00


55.00
85.00
124.67
205.00
238.33
305.00
360.00


175.00
107.00- 137.00 120.60
350.00


Hour 250.00- 260.00 253.33
Hour 550.00
Annual Maintenance Cut $32.63/acre Gable cut; $23.1
Acre 12.00- 20.00 15.60
Hour 43.00- 70.00 61.00


6 to 10 acres/hour; Avg. $14.50/acre

8 to 20 acres/hour depending on wood size; $14.43/acre annual cut
5 to 15 acres/hour bedtops only; add 25% for furrows only
12 to 30 acres/hour-bed top only; 8 to 20 acres-bed top
\and furrow; depending on wood size

2-5 ac/hr depending on wood size
5to 12 acres/hour roof top; 10 to 20 acres
flattop cut from bed tops-annual maintenance cut.
Avg. 8-15 acres depending on wood size type of cut; $28/acre
15 to 30 acres flattop cut from bed tops annual maint. cut
3/acre Flattop cut
3 to 5 acres/hr


Front-end loader
48.00- 55.00 51.60 Average $8.00/acre
29.00- 35.00 33.80


$0.10 $0.25 depending on type of wrap and number of trees
Tree $ 0.80- $ 1.50 $ 1.19 Varies as to density
Tree 1.50- 3.00 2.29 Varies as to the number of resets
Hour 25.70


Acre 3.00- 6.00
$0.10-$0.25/box; $0.05/pound solids
7% to 15% of materials cost; averaged 12%


4.46 In addition to caretaking charges
One reporting $5/acre/month for supervising and marketing


50/box to 180/box; Avg. Il/box


Hour $75.00 $120.00 $106.67 Horticultural Evaluation and/or Financial Analysis/prospectus.
$250/day for Cultural Management only

Acre 400- 13,500 3,977 Total acres reporting: 59,662


'Plus materials. Caretakers reporting rates include labor, tractor and sprayer; supply truck included by most caretakers.
'Calculated by dividing the total number of caretakers reporting a grove practice rate into the sum reported. Unless otherwise stated, labor included with all charges.
'Low acres is for 2 years regrowth hedging; high acres is for annual maintenance hedging.

Source: Ronald P. Muraro, Extension Farm Management Economist, Lake Alfred CREC, June 2001.









Table 9-A.-2001 summary of average chemical price estimates

Average Your Price
Item Unit Price (2001)


Fungicides:


Abound
Aliette 80WP
Benlate
Basic Copper Sulfate (53%)
Copper (50%) (Kocide 101)
Carbamate 76WP
Ferbam Granuflo 76%
Enable 2F
Nu-Cop 50DF
Oil 435 or 455
Ridomil Gold Granular
Ridomil Gold EC


Insecticides/Nematicides:


Admire 2F
Agri-Mek (0.15EC)
Bacillus thuringienses
Capture
Clinch Fire Ant Bait
Comite 6.55 EC
Danitol
Ethion
Guthion 50WP
Kelthane MF
Lorsban 4EC
Lorsban 15G
Malathion 5 EC
Metasystox-R
Micromite 25WP
Microthiol 80DF
Nexter WP
Sevin 80S
Sevin XLR
Sulphur 6F
Temik 15G
Thiolux 80 DF
Vendex 50W


gal.
lb.
lb.
lb.
lb.
lb.
lb.
40 oz.
lb.
gal.
lb.
gal.


230.00
9.83
15.61
1.13
1.75
3.72
3.52
52.00
1.98
2.17
4.98
631.31


533.37
594.58
9.94
400.00
8.54
80.32
155.00
33.20
9.44
32.47
42.01
1.82
20.99
68.53
29.68
0.64
102.54
4.77
25.94
4.15
3.23
0.60
15.19


gal.
gal.
gal.
gal.
lb.
gal.
gal.
gal.
lb.
gal.
gal.
lb.
gal.
gal.
lb.
lb.
lb.
lb.
gal.
gal.
lb.
lb.
lb.









Table 9-A.--2001 summary of average chemical price estimates (cont'd.)

Average Your Price
Item Unit Price (2001)
Herbicides: Direx 4L gal. 18.43
Direx 80 DF lb. 3.78
Fusilade DX gal. 122.71
Goal 2XL gal. 95.08
Gramoxone (Paraquat) gal. 32.35
Hyvar X lb. 17.36
Karmex lb. 4.02
Krovar I lb. 10.83
Mandate 2E gal. 179.75
Poast Plus 1.0 EC gal. 56.00
Princep (Caliber 90) lb. 3.25
Princep 4L gal. 14.09
Rodeo (30 gal drum) gal. 81.55
Roundup (30 gal drum) gal. 33.32
Roundup Ultra (30 gal drum) gal. 37.20
Simazine 90 DF lb. 2.68
Simazine 4L gal. 12.98
Solicam 80 DF lb. 14.37
Surflan AS gal. 67.66
Touchdown gal. 50.35
Growth Regulators:
Citrus Fix gal. 278.37
Pro-Gibb 3.91% 32 oz. bottle 41.04
Tre-Hold gal. 73.17
Other Spray Materials:
Borates (15%) lb. 0.69
Manganese (32%) lb. 0.31
Zinc (78%) lb. 0.79
Nutritional Spray Mix:
Dyna Gold MZF gal. 6.94


SOURCE: Ronald P. Muraro, Extension Farm Management Economist, University of
Florida, IFAS, CREC, Lake Alfred, Florida, June 2001.








Table 10-A.--2001 summary of average fertilizer price estimates


Average Your Price
Item Unit Price (2001)

FERTILIZER (FOB Price @ Plant)
$
Dry Mix (Bulk)
17-0-17-3,g ton 177.47
17-4-17-2.4,g ton 178.94
16-0-16 ton 162.18
16-0-16-4,M ton 177.03
16-2-16-3,M ton 175.41
15-2-15-2.4Mg ton 163.28
12-2-12-2.4g ton 143.99
8-8-8 w/minors* ton 126.04
8-4-8 w/minors* ton 126.78
8-2-8 w/minors* ton 119.98
6-6-6 w/minors* ton 111.49

Liquid Mix (Bulk)
8-2-8 ton 101.25
8-4-8 ton 109.72
9-3-9 ton 112.57
9-4-9 ton 117.39
10-0-10 ton 109.39
10-2-10 ton 117.46
12-0-6 ton 107.69
12-3-6 ton 120.93

*With organic nitrogen, the price averaged 25% higher.








Table 10-A.--2001 summary of average fertilizer price estimates (cont'd.)


Average Your Price
Item Unit Price (2001)

Other Fertilizer Materials (Bulk)
Ammonium Nitrate (21% N Liquid) ton 127.73
Ammonium Nitrate (33.5% N Dry) ton 192.96
Ammonium Sulfate (21% N) ton 126.94
Calcium Nitrate (19% Ca, 15.5% N) ton 219.91
Dolomite (at mine--49% CaCO3, 36% MgCO3) ton 16.02
Muriate of Potash (60% K20) ton 153.46
Potassium Nitrate (14% N; 46% K20) ton 357.82
Sul-Po-Mag (SPM--21.9% K20) ton 170.50
Super Phosphate (20% P205) ton 149.23
Triple Superphosphate (48% P205) ton 163.44
Urea ton 336.00
Average Delivery Cost ton 10.95

Foliar Macronutrients
N-Sure 28-0-0 (72% SRN)** gal. 7.74
Phos Might 0-22-20 gal. 27.40
Nutriphite 0-28-26 gal. 39.13


**SRN, Slow Release Nitrogen

SOURCE: Ronald P. Muraro, Extension Farm Management Economist, University of
Florida, IFAS, CREC, Lake Alfred, Florida, June 2001.








Table 1 1-A.--Cost for establishing, planting and maintaining a citrus grove through four years of age, South Florida flatwoods area
Cost Per Acre
Range Average
$ $
Land Cost:' Improved Pasture Land 1,700-2,500 2,050
Raw Land and Semi-improved Pasture 1,150-1,800 1,450
Land Preparation: Pasture and Light Palmettos 125- 275 195
(Clearing) Raw Land (heavy pines, palmettos) 350- 600 465
Leveling: With Laser 200- 350 275
Without Laser 100- 250 160
Bedding: 2-rows (short rows -- 1,350+ feet) 100- 195 130
Soil Amendments: Dolomite 1 ton 35
Super Phosphate, 400 lbs. 30
Canals, Ditches and Dikes 150- 260 195
Reservoirs and Roads 130- 180 155
Throw-out Pumps for Water Movement 45- 60 55
Culverts 65- 135 85
Middle Drop Drainage Pipes 45- 95 105
Drainage Tile 140- 160 150
Cover Crop 9- 16 12
Irrigation System: Microsprinkler -- with Well2 850-1,500 1,000
without Well 525-1,200 700
Drip with Well2 775-1,050 875
-- without Well 400- 825 560
Water Permits, Environmental Studies, and Engineering: Cost 40- 90 70
Time in Months 5- 12 8
Percent Land Utilization: Planted to Citrus 55%- 85% 71%
Ditches and Canals 5%- 10% 8%
Water Retention 10%- 30% 15%
Roads and Service Areas 3%- 15% 6%
South Florida
Year
1 2 3 4

Solidset Planted Trees3 ---------------- Cost Per Tree ----------------
Microsprinkler Irrigation and Ditch Maintenance $0.40 $0.50 $0.65 $0.85
Fertilize Tree 0.25 0.40 0.55 0.56
Supplemental Fertilization thru Irrigation 0.15 0.20 0.25 0.29
Spray 0.30 0.40 0.47 0.50
Insulated Tree Wrap (annual maintenance) 0.25 0.25 0.25 0.00
Sprouting (labor) 0.20 0.20 0.00 0.00
Cultivation/Mowing 0.44 0.44 0.44 0.44
Herbicide 0.54 0.54 0.54 0.54
Ridomil/Aliette 0.35 0.35 0.00 0.00
Miscellaneous 0.43 0.49 0.42 0.48
Total Cost Per Year $3.31 $3.77 $3.62 $3.66

Reset Trees (annual additional grove care costs) $2.13 $2.47 $1.84
Cost of Planting Trees4 Solidset = $5.00 Reset = $6.30
'Land cost will vary from one county to another as well as from one parcel to another.

'Irrigation costs include distribution system, power unit and well (where indicated.) The higher cost ranges reported also included a cost for fertigation
equipment.
'The per tree costs shown are applicable for tree densities of 145 to 165 trees per acre. The per tree costs should be decreased for higher density plantings and
increased for lower density plantings; e.g., at 200 trees per acre decrease costs by 15%; at 115 trees per acre increase costs by 15%.

4Tree cost (bare root) = $3.25; stake, plant, and water tree = $1.25 (solidset) and $2.55 (resets); and uninsulated tree wrap = $0.50.


Source: Ronald P. Muraro, Farm Management Economist, CREC, Lake Alfred, FL, November 1989.







Table 12-A.--Estimated cost of planting and maintaining a reset citrus tree through three years of age,
December 2000

Number of Resets/Replacement Trees Per Acre
1-2 3-5 6-10 11-25 26+
------------------ Cost Per Tree ---------------
Year #1: $ $ $ $ $
Tree Removal 5.73 4.98 3.98 3.22 2.57
Tree Cost (Container Tree) 4.50 4.50 4.35 4.25 4.25
Site Preparation" 5.40 4.68 3.97 3.67 2.88
Plant Tree and First Watering 3.28 2.40 2.08 1.74 1.31
Total Planting Cost 13.18 11.58 10.40 9.66 8.44

Supplemental Fertilization 4 Times
(Application & Materials) 1.28 1.11 1.02 0.93 0.85
Supplemental Spraying
(Application & Materials)b 0.48 0.41 0.38 0.35 0.32
Spot Herbicide (Application & Materials) 0.21 0.18 0.16 0.14 0.13
Tree Wrap (Corrugated) 1.00 1.00 1.00 1.00 1.00
Sprouting/Pruning 0.41 0.41 0.38 0.38 0.34
Miscellaneous 0.17 0.16 0.15 0.14 0.13
Supervision & Overhead 0.27 0.25 0.23 0.22 0.21
Total Tree Care Cost Year #1 3.82 3.52 3.32 3.16 2.98
Total Cost Year #1 22.73 20.08 17.70 16.04 13.99
Year #2:
Supplemental Fertilization 3 Times
(Application & Materials) 1.72 1.53 1.34 1.13 1.03
Supplemental Spraying
(Application & Materials)b 0.55 0.49 0.43 0.36 0.33
Spot Herbicide (Application & Materials) 0.20 0.18 0.16 0.14 0.13
Sprouting/Pruning 0.49 0.49 0.41 0.41 0.37
Miscellaneous 0.15 0.13 0.12 0.10 0.09
Supervision & Overhead 0.23 0.20 0.18 0.16 0.15
Total Cost Year #2 3.34 3.02 2.64 2.30 2.10
Year #3:
Supplemental Fertilization 3 Times
(Application & Materials) 2.34 2.09 1.79 1.53 1.30
Miscellaneous 0.12 0.10 0.09 0.08 0.06
Supervision & Overhead 0.18 0.16 0.14 0.12 0.10
Total Cost Year #3b 2.64 2.35 2.02 1.73 1.46
Total Three-Year Cumulative Costs 28.71 25.45 22.36 20.07 17.55

aSite preparation for bedded citrus grove; cost of root removal, rotovating/leveling tree planting site.
Fumigate planting site would cost approximately $2.50 per tree.

bAdditional spray costs may be incurred if leafminer is a problem.

SOURCE: Ronald P. Muraro, Farm Management Economist, CREC, Lake Alfred, FL, December 2000.










Table 13-A.--A listing of estimated comparative Southwest Florida citrus production costs per acre for 2000-2001z
Low Cost Processed and Typical/Historical
Costs represent a mature (10+ years old) Processed Reduced Fresh Cost Fresh Fruit
Southwest Florida Orange Grove. Cultural Program Cultural Program Cultural Program
PRODUCTION/CULTURAL COSTS:
Weed Management/Control:
Mechanical Mow Middles (3 times per year) $ 25.07 $ 25.07 $25.07
Chemical Mow Middles (2 times per year) 16.28 16.28 16.28
General Grove Work (2 labor hours per acre) 24.20 24.20 24.20
Herbicide (1/2 tree acre treated):
Application (3 applications) $25.74 $ 25.74 $25.74
Material 70.78 91.08 91.08
Total Herbicide Cost 96.52 116.82 116.82
Spray
Post Bloom: Application (PTO -- 150 GPA) 21.90
Material 25.15
Total Post Bloom Cost -- 47.05
Summer Oil #1: Application (250 GPA) 23.00 23.00 23.00
Material 68.26" 44.33 44.33
Total Summer Oil Cost 91.26 67.33 67.33
Summer Oil #2: Application (PTO -- 150 GPA) 21.90 21.90
Material 28.96 18.76
Total Supplemental Fall Miticide Cost 50.86 40.66
Fertilizer (Bulk): 3 Applications 21.90 21.90 21.90
Material (15-2-15-2.4 MgO @ 180 lbs N
and 204 lbs N) 98.40 108.00 108.00
Total Fertilizer Cost 120.30 129.90 129.90
Dolomite (one ton applied every 3 years)
Material/Application 10.70 10.70 10.70
Pruning: Topping ($31.67/A + 2.5 yrs) 12.67 12.67 12.67
Remove Brush from Trees after Topping
($24.66/A + 2.5 yrs) 9.86 9.86 9.86
Hedging ($29.79/A + 2 yrs) 14.90 14.90 14.90
Chop/Mow Brush after Hedging ($8.00/A 2 yrs) 4.00 4.00 4.00
Total Pruning Cost 41.43 41.43 41.43
Tree Replacement 1 thru 3 years of age: (4 trees/acre)
Remove Trees: Pull, Stack & Bum 4 Trees with
Front-end Loader 19.92 19.92 19.92
Prepare Site & Plant Tree (Includes 4 reset trees) 43.44 43.44 43.44
Supplemental Fertilizer, Tree Wraps Maintenance,
Sprout, etc. (Trees 1-3 years old) 35.56 35.56 35.56
Total Tree Replacement Cost 98.92 98.92 98.92
Irrigation: Microsprinkler System' 150.62 150.62 150.62
Clean Ditches (Weed Control) 12.52 12.52 12.52
Ditch and Canal Maintenance 13.96 13.96 13.96
Water Control (Pump water in/out of Ditches and
Canals) 10.43 10.43 10.43
Total Irrigation Cost 187.53 187.53 187.53
IRRIGATED PROCESSED FRUIT PRODUCTION COSTS $712.21 $769.04
Supplemental Post Bloom Spray:
Application (250 GPA) 23.00 23.00
Material 40.45 40.45
Total Supplemental Post Bloom Spray 63.45 63.45
Fall Miticide Spray: Aerial Application (15 GPA) 7.50 7.50
Material 30.88 30.88
Total Fall Miticide Cost 38.38 38.38
IRRIGATED FRESH FRUIT PRODUCTION COSTS $870.87 $907.72
zThe listed estimated comparative costs are for the example grove situation described in the Economic Information Report Series entitled:
"Budgeting Costs and Returns for Southwest Florida Citrus Production" and may not represent your particular grove situation in
Southwest Florida.

SOURCE: Ronald P. Muraro, University of Florida-IFAS, Citrus Research and Education Center, Lake Alfred, FL, June 2001.









Table 14-A.--A listing of estimated comparative Southwest Florida citrus production costs per acre for grapefruit, 2000-012
Low Cost Reduced Cost Typical/Historical
Costs represent a mature (10+ years old) Processed Fresh/Processed Fresh Fruit
Southwest Florida Red Grapefruit Grove. Cultural Program Cultural Program Cultural Program

PRODUCTION/CULTURAL COSTS:
Weed Management/Control:
Mechanical Mow Middles (3 times per year) $ 25.07 $ 25.07 $25.07
Chemical Mow Middles (2 times per year) 16.28 16.28 16.28
General Grove Work (2 labor hours per acre) 24.20 24.20 24.20
Herbicide (1/2 tree acre treated):
Application (3 applications) $25.74 $25.74 $25.74
Material 70.78 91.08 91.08
Total Herbicide Cost 96.52 116.82 116.82
Spray
Post Bloom: Application (PTO -- 150 GPA) 21.90
Material 25.15
Total Post Bloom Cost 47.05
Summer Oil #1: Application (250 GPA) 23.00 23.00 23.00
Material 68.26 44.33 44.33
Total Summer Oil Cost 91.26 67.33 67.33
Summer Oil #2: Application (PTO -- 150 GPA) 21.90 21.90
Material (Wettable Sulfur) 18.76 18.76
Total Supplemental Fall Miticide Cost 40.66 40.66
Fertilizer (Bulk): 3 Applications 21.90 21.90 21.90
Material (12-2-12-2.4 MgO @ 180 lbs N
and 15-2-15-2.4 MgO @ 150 lbs N) 98.40 82.00 82.00
Total Fertilizer Cost 120.30 103.90 103.90
Dolomite (one ton applied every 3 years)
Material/Application 10.70 10.70 10.70
Pruning: Topping ($31.67/A + 2.5 yrs) 12.67 12.67 12.67
Remove Brush from Trees after Topping
($24.66/A 2.5 yrs) 9.86 9.86 9.86
Hedging ($29.79/A 2 yrs) 14.90 14.90 14.90
Chop/Mow Brush after Hedging ($8/A + 2 yrs) 4.00 4.00 4.00
Raise Skirts of Trees ($15.60 + 2 yrs) 7.80 7.80
Total Pruning Cost 41.43 49.23 49.23
Tree Replacement 1 thru 3 years of age: (3 trees/acre)
Remove Trees: Pull, Stack & Burn 3 Trees with
Front-end Loader 14.94 14.94 14.94
Prepare Site & Plant Tree (Includes 3 reset trees) 32.58 32.58 32.58
Supplemental Fertilizer, Tree Wraps Maintenance,
Sprout, etc. (Trees 1-3 years) 26.67 26.67 26.67
Total Tree Replacement Cost 74.19 74.19 74.19
Irrigation: Microsprinkler System 150.62 150.62 150.62
Clean Ditches (Weed Control) 12.52 12.52 12.52
Ditch and Canal Maintenance 13.96 13.96 13.96
Water Control (Pump water in/out of Ditches and
Canals) 10.43 10.43 10.43
Total Irrigation Cost 187.53 187.53 187.53
IRRIGATED PROCESSED FRUIT PRODUCTION COSTS $687.48 $715.91
Supplemental Post Bloom Spray:
Application (250 GPA) 21.77 23.00
Material 43.15 40.45
Total Supplemental Post Bloom Spray 64.92 63.45
Fall Miticide Spray: Aerial Application (15 GPA) 7.24 7.50
Material 31.24 30.88
Total Fall Miticide Cost 38.48 38.38
IRRIGATED FRESH FRUIT PRODUCTION COSTS $819.31 $864.79

zThe listed estimated comparative costs are for the example grove situation described in the Economic Information Report Series entitled: "Budgeting Costs
and Returns for Southwest Florida Citrus Production" and may not represent your particular grove situation in Southwest Florida.
SOURCE: Ronald P. Muraro, University of Florida-IFAS, Citrus Research and Education Center, Lake Alfred, FL, June 2001.








Table 15-A.--Historic prices for selected citrus varieties

Variety
Earlyb and Seedless grapefruit'
mid'-season Late season Temple All
Crop year oranges oranges oranges Tangerines Tangelos (white) (colored)


1961-62
1962-63
1963-64
1964-65
1965-66
1966-67
1967-68
1968-69
1969-70
1970-71
1971-72
1972-73
1973-74
1974-75
1975-76
1976-77
1977-78
1978-79
1979-80
1980-81
1981-82
1982-83
1983-84
1984-85
1985-86
1986-87
1987-88
1988-89
1989-90
1990-91

1991-92
1992-93
1993-94
1994-95
1995-96

1996-97
1997-98
1998-99'


$1.93
2.17
4.43
2.57
1.44
0.81
1.86
1.56
1.15
1.10
1.98
1.43
1.38
1.46
1.69
1.89
3.90
4.44
3.59
3.67
4.27
4.88
5.09
7.30
3.92
4.56
6.72
6.63
6.01
5.38

5.44
3.23
3.76
3.25
3.62

3.18
2.81
4.78


$1.81
3.50
4.45
2.28
1.79
1.08
2.28
1.83
1.13
1.91
2.11
1.71
1.59
1.82
1.88
2.63
4.40
4.95
3.89
4.63
4.29
5.41
6.72
6.88
3.97
6.02
8.73
8.41
6.53
6.58

6.65
3.88
4.61
4.41
5.57

4.07
4.88
5.71


$2.17
3.09
4.45
2.77
1.80

0.88
2.79
2.22
1.47
1.91
1.95
1.95
1.64
1.68
1.79
2.16
3.92
4.89
2.89
4.21
4.01
3.99
5.34
5.59
3.01
3.60
5.69
5.46
5.64
6.31

6.51
2.99
2.73
3.47
4.44

3.22
3.07
5.21


$2.04
3.02
3.18
2.68
2.14

1.06
4.29
2.55
2.23
1.88
2.97
2.37
2.82
3.05
3.02
3.29
4.79
4.99
4.25
5.45
6.23
7.57
5.93
15.91
12.69
10.92
12.99
12.64
15.28
17.10

18.00
13.75
9.83
11.98
12.59

7.99
8.49
12.30


$3.36
4.66
4.83
4.00
2.85
1.64
3.22
2.47
1.13
1.04

1.69
1.39
1.25
1.45
1.42
1.42
3.29
3.90
2.87
3.92
3.58
4.37
4.28
7.08
4.06
3.72
5.58
6.31
5.10
6.11

7.16
3.31
2.38
2.64
3.63

2.19
1.66
4.59


$0.68
1.29
2.24
1.51
1.39
0.73
2.05
0.98
1.72
1.89
2.27
2.06
1.58
1.55
1.29
1.49
1.47
2.21
3.12
3.46
1.92
1.51
2.08
3.02
3.56
4.45
5.35
4.33
5.21
4.59

6.46
2.22
3.23
2.58
2.14

1.12
0.93
2.01


aOn-tree average price per box (1-3/5 bushel box equivalent) for all methods of sale minus pick and haul
charges.


bNavel and Hamlin
TParson Brown and Pineapple


'Valencia
"Marsh (white) or pink


'Preliminary


Source: Florida Agricultural Statistics Service.


$0.86
1.81
2.54
1.82
1.64
0.94
2.48
1.15
1.92
2.15
2.69
2.53
2.12
2.59
2.23
2.04
2.09
3.13
3.80
4.22
2.80
3.20
4.05
4.84
4.98
5.80
5.93
4.71
6.30
6.85

6.87
3.11
3.38
1.66
1.77

1.91
1.50
2.43


--










Table 16-A.--Debt which can be supported per $1,000.00 annual payment capacity


Loan Interest rate paid on the loan
term
(years) 8.0% 8.5% 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%

1 926 922 917 913 909 905 901 897 893 889 885 881 877 873 870
2 1,783 1,771 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 2,577 2,554 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 3,312 3,276 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 3,993 3,941 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 4,623 4,554 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 5,206 5,119 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 5,747 5,639 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 6,247 6,119 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 6,710 6,561 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 7,139 6,969 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 7,536 7,345 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 7,904 7,691 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 8,244 8,010 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 8,559 8,304 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 8,851 8,576 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 9,122 8,825 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 9,372 9,056 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 9,603 9,268 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 9,818 9,463 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 10,675 10,234 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 11,258 10,747 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 11,655 11,088 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 11,925 11,315 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 11.5% interest rate and a 15-year term mortgage, the total debt which can be supported is $69,970
($6,997 x 10). At 11.5% interest rate and a 20-year term mortgage, the total debt which can be supported is $77,100 ($7,710 x 10).


0