Enterprise Budgets

Constructing a Southwest Florida Bell Peppers Enterprise Budget

Tara Wade, Barbara Hyman, and Eugene McAvoy

Enterprise budgets can assist with forecasting as well as help managers coordinate resources, make production decisions, examine expenditures, and anticipate outcomes from changes in production practices. They can help producers determine what to produce, how many acres to produce, the cost of production, and the necessary price to be profitable. Describes the process used to create the 2018-19 enterprise budget for bell peppers in southwest Florida.

Establishment and Production Costs for Peach Orchards in Florida: Enterprise Budget and Profitability Analysis

Ariel Singerman, Marina Burani-Arouca, and Mercy Olmstead

Establishment and Production Costs for Southern Highbush Blueberry Orchards in Florida: Enterprise Budget and Profitability Analysis

Ariel Singerman, Marina Burani-Arouca, Jeffrey G. Williamson, and Gary K. England

Elderberry and Elderflower (Sambucus spp): Markets, Establishment Costs, and Potential Returns

Kevin Athearn, David Jarnagin, Ali Sarkhosh, Juanita Popenoe, and Steven Sargent

Elderberry is an alternative crop that holds promise for further commercial development in Florida. This fact sheet reviews information on markets for elderberries and elderflowers and estimates establishment costs and potential returns for a 3-acre elderberry orchard in Florida. The information is intended to assist farmers in evaluating elderberry as a possible alternative crop. Includes guidance on financial planning for an elderberry enterprise.

Constructing a Southwest Florida Tomato Enterprise Budget

Tara Wade, Barbara Hyman, Eugene McAvoy, and John VanSickle

Enterprise budgets are effective planning tools for growers in search of help with forecasting, resource coordination, and better production decisions. In essence, enterprise budgets can help producers determine what to produce, how many acres to produce, the cost of production, and the necessary price to be profitable. Describes the process used to create the 2017/18 enterprise budget for tomatoes in southwest Florida and includes resources for producers interested in creating enterprise budgets for their own operations.

Estimated Costs and Returns of Hemp Fiber and Seed Production

Trent Blare, Zachary Brym, Andres Bejarano Loor, and Fredy H. Ballen

The purpose of this document is to provide a framework and provisional values to estimate the costs and returns of hemp production for fiber and seed for commercial producers in Florida. The primary objective is to illustrate the infrastructure, labor, and input costs associated with a hemp cropping system for the production of fiber, seed, or both related to the potential returns from sales of raw materials. Written by Trent Blare, Zachary Brym, Andres Bejarano Loor, and Fredy H. Ballen, and published by the UF/IFAS Department of Agronomy, November 2024.

Getting Started with Enterprise Budgets and Sensitivity Analysis

Samantha Snyder, Hope Nelson, Suzanne Thornsbury, and Clyde Fraisse

Used together, enterprise budgets and sensitivity analysis offer a practical, adaptable way to provide input for economic decision-making in agriculture. This publication outlines the benefits and limitations of each tool. For Florida producers, Extension agents, and stakeholders, integrating enterprise budgets with sensitivity analysis provides a more comprehensive framework for decision-making.

Estimated Costs and Returns of Hemp Flower Production

Trent Blare, Zachary Brym, Andres Bejarano Loor, and Fredy H. Ballen

The purpose of this document is to provide a framework and provisional values to estimate costs and returns of hemp flower production for commercial producers in Florida. Written by Trent Blare, Zachary Brym, Andres Bejarano Loor, and Fredy H. Ballen, and published by the UF/IFAS Department of Agronomy, August 2024.

Profitability of Citrus Tree Greenhouse Production Systems in Florida

Carlos Solis, Hayk Khachatryan, and Richard Beeson

A UF/IFAS numbered Fact Sheet for Commercial audience(s). in support of UF/IFAS Extension program: Farm Economics, entrepreneurship, and management

Production Costs and Profitability for Select Greenhouse Grown Annual Bedding Plants: Partial Enterprise Budgeting and Sensitivity Analysis

Hayk Khachatryan and Xuan Wei

The objective of the research described in this publication was to estimate the cost of greenhouse production for selected annual bedding plants and help growers to determine how the particular crop they are growing influences profitability.

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

Kimberly L. Morgan, Tara Wade, Kevin Athearn, Chris Prevatt, Ariel Singerman, Edward “Gilly” Evans, Trent Blare, Hayk Khachatryan, and Zhengfei Guan

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.

Production Costs and Profitability for Selected Greenhouse-Grown Perennial Plants: Partial Enterprise Budgeting and Sensitivity Analysis

Hayk Khachatryan and Xuan Wei

The purpose of this study is to present practical enterprise budgets and help growers to determine how the particular crop they are growing influences profitability. Written by Hayk Khachatryan and Xuan Wei, and published by the UF/IFAS Food and Resource Economics Department, July 2022.