ECONOMIC ANALYSIS OF PECAN PRODUCTION IN GEORGIA
Applied Research
Douglas Collins
County Extension Coordinator
University of Georgia
Leesburg
Abstract
ECONOMIC ANALYSIS OF PECAN PRODUCTION IN GEORGIA
Collins*, D.1, Fonsah, G.2, Wells, L.3
1Lee County Extension Coordinator, University of Georgia, Leesburg, GA 31763, 2Department of Agricultural and Applied Economics, University of Georgia, Tifton, GA 31793, 3Department of Horticulture, University of Georgia, Tifton, GA 31793
This poster outlines the costs and income involved with pecan production in Georgia. It allows growers, as well as potential growers and ag lenders, an understanding of the costs involved with pecan production, as well as the income at different production and price levels. Costs and revenues are given on a per acre basis. The budget allows growers to compare their expenses, production, and prices received against the budget. The budget was prepared using information obtained from growers, chemical, fertilizer, and machinery dealers, and University of Georgia researchers and Extension specialists. Expected profitability is calculated at different yield levels and prices is included, as are the percentage chances for different monetary returns per acre. Expected yields and price per pound are listed. Costs for different fertilizer elements are enumerated, as are other expenses, allowing growers to substitute their own actual expenses for those in the budget in order to adapt the budget to their own situations.
Poster has NOT been presented at any previous NACAA AM/PIC
This poster is being submitted only for display at AM/PIC. Poster is not to be judged, but the abstract will be published in the proceedings.
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Authors: Douglas Collins, Greg Fonsah, Lenny Wells
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Collins, D. County Extension Coordinator, University of Georgia, Georgia, 31763
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Fonsah, G. Associate Professor, University of Georgia, Georgia, 31793
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Wells, L. Professor, University of Georgia, Georgia, 31703