Michigan Production Costs for Tart Cherries by Production Region
AbstractThe weighted average cost of producing tart cherries in Michigan on a representative farm in 2009 is $0.36/lb. This cost was averaged across the three main production regions in Michigan and weighted by average per acre production for each region as published by the Michigan Agricultural Statistics Service. --Costs vary across the main production regions and by farm size. Costs are about $0.04/lb less for mid-sized farms in Northwest Michigan and $0.08/lb and $0.10/lb in West Central and Southwest Michigan, respectively. --This report was developed through interviews with tart cherry growers and other experts in each of the three main growing regions in 2005 and 2006. Many of the numbers were updated in 2009. --The cost of production calculation is based on estimates of operating costs, harvest costs, and management, interest and tax costs. It also includes an amortized cost of establishing an orchard and employing the land in production (versus some other use). The following tables summarize the cost findings for each of the production regions.
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Bibliographic InfoPaper provided by Michigan State University, Department of Agricultural, Food, and Resource Economics in its series Agricultural Economic Report Series with number 98205.
Date of creation: Sep 2010
Date of revision:
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Postal: Justin S. Morrill Hall of Agriculture, 446 West Circle Dr., Rm 202, East Lansing, MI 48824-1039
Phone: (517) 355-4563
Fax: (517) 432-1800
Web page: http://www.aec.msu.edu/agecon/
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Tart cherry; costs; production; Michigan; Agribusiness; Crop Production/Industries; Q100; Q120;
Find related papers by JEL classification:
- Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-01-03 (All new papers)
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