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Group Title: Economic information report - Food and Resource Economics Department - 122
Title: Production costs and returns for groves ten years and over in the southwest Florida area, 1975-78
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Permanent Link: http://ufdc.ufl.edu/UF00027355/00001
 Material Information
Title: Production costs and returns for groves ten years and over in the southwest Florida area, 1975-78
Series Title: Economic information report
Physical Description: 3 leaves : ; 28 cm.
Language: English
Creator: Brooke, Donald Lloyd, 1915-
Publisher: Food and Resource Economics Dept., University of Florida
Place of Publication: Gainesville Fla
Publication Date: 1979
 Subjects
Subject: Citrus fruit industry -- Florida   ( lcsh )
Citrus fruit industry -- Cost of operation -- Florida   ( lcsh )
Citrus fruits -- Prices -- Florida   ( lcsh )
Citrus -- Yield   ( lcsh )
Genre: government publication (state, provincial, terriorial, dependent)   ( marcgt )
non-fiction   ( marcgt )
 Notes
Statement of Responsibility: D.L. Brooke.
General Note: Cover title.
General Note: "October 1979."
Funding: Economic information report (Gainesville, Fla.) ;
 Record Information
Bibliographic ID: UF00027355
Volume ID: VID00001
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 - 001598326
oclc - 21028254
notis - AHM2468

Table of Contents
    Copyright
        Copyright
    Title Page
        Title Page
    Abstract
        Abstract
    Acknowledgments
        Abstract
    Content
        Page 1
        Page 2
        Page 3
Full Text





HISTORIC NOTE


The publications in this collection do
not reflect current scientific knowledge
or recommendations. These texts
represent the historic publishing
record of the Institute for Food and
Agricultural Sciences and should be
used only to trace the historic work of
the Institute and its staff. Current IFAS
research may be found on the
Electronic Data Information Source
(EDIS)

site maintained by the Florida
Cooperative Extension Service.






Copyright 2005, Board of Trustees, University
of Florida






D. L. Brooke


Economic n m
Repoort122


SProduction Costs and Returns

Sf roves T.en Year' and Over

in the Southwest Florida Area,
S1975-78


'.1. I-


I6:


Food and Resource Economics Department
Cooperative Extension Service
Institute of Food and Agricultural Scences
University of Florida, Gainesville 32611


October 1979


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ABSTRACT


Costs and returns were obtained for several young groves in the
open range of Southwest Florida for each of the four seasons 1974-75
to 1977-78. Total operating costs per acre increased about 6 per cent
during the period. Increasing yields reduced per box costs in three of
the four seasons. Returns from fruit increased 161 percent from 1975
to 1978.

Key words: Economics, citrus, annual costs, returns
























ACKNOWLEDGMENTS


Appreciation is expressed to Donald W. Lander, Collier County
Extension Director for.his assistance and to those individuals who
furnished cost and returns information for this study.













ABSTRACT


Costs and returns were obtained for several young groves in the
open range of Southwest Florida for each of the four seasons 1974-75
to 1977-78. Total operating costs per acre increased about 6 per cent
during the period. Increasing yields reduced per box costs in three of
the four seasons. Returns from fruit increased 161 percent from 1975
to 1978.

Key words: Economics, citrus, annual costs, returns
























ACKNOWLEDGMENTS


Appreciation is expressed to Donald W. Lander, Collier County
Extension Director for.his assistance and to those individuals who
furnished cost and returns information for this study.













PRODUCTION COSTS AND RETURNS FOR GROVES TEN YEARS
AND OVER IN THE SOUTHWEST FLORIDA AREA
1975-78

D. L. Brooke


Several firms having groves of 8 to 17 years of age planted in the
open range areas of Collier and Hendry counties in.Southwest Florida were
surveyed for the period 1974-75 to 1977-78. Eight usable records were
obtained for the first two seasons and nine for the two latter years.
Over 2,000 acres are represented in the data.
The average age of groves was 10 years in 1974-75, Table 1. The
oldest grove was 17 years in 1977-78. The number of trees per acre
averaged 105 and only 2 percent of the trees were grapefruit. Yield per
acre increased with age except for the delayed freeze damage yield of the
1977-78 marketing season.
Labor, power and equipment costs increased about 8 percent from 1974-75
to 1977-78. Fertilizer costs decreased about 15 percent but chemicals for
disease and weed control increased over 35 percent in the four years studied.
State and county taxes increased about 30 percent, most of the increase
being added in the last two seasons.
Total operating costs were about 6 percent higher in 1977-78 than in
1974-75. Because of the increase in yields, per box costs declined in the
1975-76 and 1976-77 seasons. Per box costs were about 5 percent higher in
1977-78 than in 1974-75. Changes in yield were responsible.
Interest on grove valuation was handled in a manner similar to that
for groves in the Ridge district. Average assessed valuation was based
upon an increasing scale by age of tree from planting to 25 years. Groves
10 years of age were valued at $1,600 per acre while those 25 years of age,
in good condition, would be valued at $3,100 per acre. (A similar schedule
is used by tax assessors.) Interest was charged at a rate of 6 percent per
annum, more for historical comparative purposes than to reflect current
rates. Depreciation on trees was not included as a cost.






2


Table l.--Per acre and per box production costs, returns and other data
for groves in Southwest Florida ten years and over 1974-75 to
1977-78

Marketing Year
Item
1974-75 1975-76 1976-77 1977-78

Number of grove records 8 8 9 9
Total acres of records 2169 2169 2259 2259
Average acres per grove 271 271 251 251
Average age 10 11 12 13
Number of trees per acre 105 105 105 105
Percent of trees grapefruit 2 2 2 2
Boxes harvested per acre 335 370 385 342

'Costs per acre:
Labor, power & equipment $135.61 $134.94 $136.31 $146.96
Fertilizer material 85.68 76.18 76.06 72.35
Spray and dust materials 43.32 50.34 54.36 59.03
State and county taxes 19.49 19.91 22.34 25.53
Miscellaneous 7.20 9.06 7.92 5.97
Total operating costs 291.30 290.43 296.99 309.84
Interest on grove valuation 98.25 102.00 106.00 110.67
Total cost without supervision 389.55 392.43 402.99 420.51

Returns per acre:
Returns from fruit 444.66 586.15 846.93 1190.93
Net returns 55.11 193.72 443.94 770.42
Returns above operating costs 153.36 295.72 549.94 881.09

Costs per box:
Labor, power & equipment $ .40 $ .36 $ .35 $ .43
Fertilizer materials .26 .21 .20 .21
Spray and dust materials .13 .14 .14 .17
State and county taxes .06 .05 .06 .08
Miscellaneous .02' .02 .02 .02
Total operating costs .87 .78 .77 .91
Interest on grove valuation .29. .28 .28 .32
Total costs without owner supervision 1.16 1.06 1.05 1.23

Returns per box:
Returns fromfruit 1.33 1.58 2.20 3.48
Net returns .17 .52 1.15 2.25
Returns above operating costs .46 .80 1.43 2.57









Returns from fruit averaged $1.33 per box in 1974-75 and $3.48 per box
in 1977-78. That was an increase of 161 percent. Net returns from fruit
ranked from $0.17 per box in 1974-75 to $2.25 per box in 1977-78.
Data in Table 2 indicate the wide disparity in yields and costs among
the groves studied. Poorly cared for groves, in terms of dollars spent,
generally responded with the lower yields and income per acre. It is
also possible that overspending occurred when returns escalated.



Table 2.--Ranges in Selected Items of Yield and Cost Per Acre for Groves
Ten Years and Over in Southwest Florida; 1975-78

Marketing Year
Item
1974-75 1975-76 1976-77 1977-78

From To From To From To From To
Trees per acre (number) 68- 121 68- 121 68- 121 68- 121
Age of trees (years) 8- 15 9- 16 10- 16 11- 17
Yield per acre (boxes) 198- 612 204- 599 227- 644 154- 764

Labor, power & equipment $ 38- 219 $ 49- 226 36- 269 $ 47- 340
Fertilizer 63- 129 53- 119 35- 129 50- 144
Spray and dust 25- 59 41- 64 29- 85 46- 99
Taxes 2- 24 2- 24 2- 35 3- 35
Miscellaneous 0- 35 0- 35 0- 24 0- 19
Total operating cost 190- 360 173- 425 171- 367 181- 578
Returns from fruit 267- 715 272-1194 483-1419 695-1501
Returns above operating cost -26- 354 1- 768 292-1104 483-1195




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