Florida Avocado Production and Profitability Analysis

This article provides an estimate of the costs and returns associated with avocado production in Miami-Dade County and a brief analysis of the profitability of the industry. The budget is based on a 5-year average yield of 8,000 pounds per acre (assuming a pack-out rate of 94%) and on estimates of...

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Main Author: Edward A. Evans
Format: Article
Language:English
Published: The University of Florida George A. Smathers Libraries 2005-12-01
Series:EDIS
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Online Access:https://journals.flvc.org/edis/article/view/115199
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author Edward A. Evans
author_facet Edward A. Evans
author_sort Edward A. Evans
collection DOAJ
description This article provides an estimate of the costs and returns associated with avocado production in Miami-Dade County and a brief analysis of the profitability of the industry. The budget is based on a 5-year average yield of 8,000 pounds per acre (assuming a pack-out rate of 94%) and on estimates of the current average F.O.B. price in South Florida of $0.85 per pound. The budget does not make any provision for establishment costs. Although the assumptions made in computing the costs reflect the practices of the avocado growers in the area, the information provided here is intended only as a guide to facilitate estimating the financial requirements of maintaining avocado groves. Data used in the analysis were obtained from interviews with growers and Extension specialists. This is EDIS document FE575, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published November 2005. 
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spelling doaj-art-61bcb12300b0419abcaf721708ad5cc62025-02-08T06:24:03ZengThe University of Florida George A. Smathers LibrariesEDIS2576-00092005-12-01200514Florida Avocado Production and Profitability AnalysisEdward A. Evans0https://orcid.org/0000-0002-2836-0126University of Florida This article provides an estimate of the costs and returns associated with avocado production in Miami-Dade County and a brief analysis of the profitability of the industry. The budget is based on a 5-year average yield of 8,000 pounds per acre (assuming a pack-out rate of 94%) and on estimates of the current average F.O.B. price in South Florida of $0.85 per pound. The budget does not make any provision for establishment costs. Although the assumptions made in computing the costs reflect the practices of the avocado growers in the area, the information provided here is intended only as a guide to facilitate estimating the financial requirements of maintaining avocado groves. Data used in the analysis were obtained from interviews with growers and Extension specialists. This is EDIS document FE575, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published November 2005.  https://journals.flvc.org/edis/article/view/115199FE575
spellingShingle Edward A. Evans
Florida Avocado Production and Profitability Analysis
EDIS
FE575
title Florida Avocado Production and Profitability Analysis
title_full Florida Avocado Production and Profitability Analysis
title_fullStr Florida Avocado Production and Profitability Analysis
title_full_unstemmed Florida Avocado Production and Profitability Analysis
title_short Florida Avocado Production and Profitability Analysis
title_sort florida avocado production and profitability analysis
topic FE575
url https://journals.flvc.org/edis/article/view/115199
work_keys_str_mv AT edwardaevans floridaavocadoproductionandprofitabilityanalysis