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Suzette P. Galinato WSU IMPACT Center, School of Economic Sciences March 14, 2012

Cost Estimation of Producing Tomato, Lettuce and Strawberry in the Open Field and in High Tunnels in Washington State. Suzette P. Galinato WSU IMPACT Center, School of Economic Sciences March 14, 2012. Study Objectives.

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Suzette P. Galinato WSU IMPACT Center, School of Economic Sciences March 14, 2012

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  1. Cost Estimation of Producing Tomato, Lettuce and Strawberry in the Open Field and in High Tunnels in Washington State Suzette P. Galinato WSU IMPACT Center, School of Economic Sciences March 14, 2012

  2. Study Objectives • Estimate costs of physical capital, materials, and labor required to produce a given crop in the field or in high tunnel – tomato, lettuce, strawberry (June-bearing, annual); • Provide growers with a procedure and a tool for analyzing the profitability of crop production; and • Develop an Excel workbook with flexibility to change assumptions for further analysis.

  3. Objective 1: Estimate production costs Assumptions for field-grown crops

  4. Objective 1: Estimate production costs Assumptions for crops grown in high tunnel - General • High tunnel is add-on to an already existing farm enterprise. Only expenses related to the high tunnel are included in the production scenario. • High tunnel has end walls; a 3-season structure set up in mid-April and taken down in September (strawberry) or November (lettuce, tomato). • Only one type of crop (lettuce, strawberry or tomato) is being produced in the high tunnel.

  5. Objective 1: Estimate production costs Assumptions for crops grown in high tunnel - Specific

  6. Objective 1: Estimate production costs Results

  7. Objective 1: Estimate production costs Summary of Results • In general: • Total production costs (TC) of high tunnel system > TC of open field system • Yield/ft2 in high tunnel > Yield/ft2 in the field • Higher crop yield boosts the net returns of high tunnel over that of open field production only in the case of tomato grown in high tunnel.

  8. Objective 2: Develop a procedure and tool for analysis • Fact Sheet – provides: • Narrative – assumptions about production, and definition of cost categories like interest and depreciation costs, and key results.(PDF document). • Spreadsheets – data underlying the calculation of production costs (Excel document).

  9. Objective 3: Develop an Excel workbook Components • Instructions for using the spreadsheets • Budget assumptions • Crop enterprise budget: Estimated costs (Total Costs = Variable Costs + Fixed Costs) and returns • Data underlying production cost calculation: • Physical capital requirements • Interest costs and depreciation costs • Plastic mulch requirement and weight calculators (in OF tomato and OF & HT strawberry budgets)

  10. Objective 3: Develop an Excel workbook Snapshot of Enterprise Budget

  11. Objective 3: Develop an Excel workbook Snapshot of Enterprise Budget

  12. Important Notes about Crop Enterprise Budgets • Estimated costs and returns are based on assumed production scenarios. • Provides baseline data. • A useful tool for analyzing the profitability of producing a particular crop.

  13. Tasks Accomplished to Date • Completed working drafts of budgets for: tomato, lettuce and strawberry (open field and high tunnel); and • Submitted budgets of field-grown tomato and lettuce to WSU Extension for publication as WSU Fact Sheets. (Status – under review)

  14. Tasks to Accomplish • Submit remaining crop budgets to WSU Extension Publications and finalize all drafts after peer review. • Post fact sheets and plastic mulch requirement and weight calculators in SCRI Project and IMPACT websites.

  15. Thank you.

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