An Introduction to Florida Commodity Enterprise Budgets: A Tool to Improve Farm Business Planning

, , Tara Wade, Kevin Athearn, , Edward Evans, , Hayk Khachatryan , andZhengfei Guan

Release Date: 12/19/2021

Reviewed At: 3/30/2026

DOI: 10.32473/edis-fe1109-2021

Agriculture

Abstract

Enterprise budgets help farmers and ranchers estimate expenses, potential revenue, and profit. UF/IFAS provides enterprise budgets for a variety of Florida-grown commodities. These are typically built collaboratively by economists, horticulturists and agronomists, ranchers, and growers. This publication highlights key aspects of the enterprise budget as a planning tool for farm businesses. Includes links to UF/IFAS enterprise budgets and related documents specific to several Florida commodities.

About this Publication

This document is FE1109, one of a series of the Department of Food and Resource Economics, UF/IFAS Extension. Original publication date December 2021. Visit the Ask IFAS website at https://ask.ifas.ufl.edu/ for the currently supported version of this publication.

How to Cite

Morgan, K. L., Wade, T., Athearn, K., Prevatt, C., Singerman, A., Evans, E., Blare, T., Khachatryan, H., & Guan, Z. (2022). An Introduction to Florida commodity enterprise budgets: An Extension tool to improve farm financial planning. EDIS, 2021(6). https://doi.org/10.32473/edis-fe1109-2021

Authors

Ariel Singerman

former associate professor, Department of Food and Resource Economics, UF/IFAS Citrus Research and Education Center, Lake Alfred, FL

Kimberly Morgan

Contact

associate professor, agricultural and resource economics, UT Institute of Agriculture, Knoxville, TN

Tara Wade

Specialist

University of Florida

associate professor, Department of Food and Resource Economics, UF/IFAS Southwest Florida Research and Education Center, Immokalee, FL

View Tara Wade's Profile

Kevin Athearn

Specialist

University of Florida

regional specialized Extension agent III, rural and agribusiness development, UF/IFAS Suwannee Valley Agricultural Extension Center, Live Oak, FL

View Kevin Athearn's Profile

Chris Prevatt

former state specialized Extension agent III, beef cattle and forage enterprise budgeting & marketing, UF/IFAS Range Cattle REC, Ona FL

Edward Evans

Specialist

University of Florida

professor, Department of Food and Resource Economics, and center director, UF/IFAS Tropical Research and Education Center

View Edward Evans's Profile

Trent Blare

country manager/scientist, International Potato Center, Quito, Ecuador, courtesy professor, Department of Food and Resource Economics, UF/IFAS Tropical Research and Education Center

Hayk Khachatryan

Contact

Specialist

University of Florida

professor and Extension economist, Department of Food and Resource Economics, UF/IFAS Mid-Florida Research and Education Center

View Hayk Khachatryan's Profile

Zhengfei Guan

Specialist

University of Florida

associate professor, agricultural economics, Department of Food and Resource Economics, UF/IFAS Citrus Research and Education Center, Lake Alfred, FL

View Zhengfei Guan's Profile

Publication #FE1109