Southern highbush blueberries are emerging as an important fruit crop in Georgia, but experienced farmers say the fruit can be a challenge to grow. To determine if the blueberries show true promise as a profitable crop, researchers at the University of Georgia recently studied the economics of these tiny berries.
Esendugue Greg Fonsah, Assistant Professor in the Department of Agricultural and Applied Economics at the University of Georgia, undertook a research project designed to determine the profitability of the blueberry industry in Georgia by estimating total costs of cultivating southern highbush blueberries. He explained that, although there are several methods of profit determination, the "risk-rated" method was adopted for his study.
According to Fonsah, "Southern highbush blueberries are a rapidly emerging crop with a bright future in Georgia. These berries ripen during a lucrative market window in April and May, but blueberries, like other fruit crops, are subject to price and yield fluctuation. These volatilities depend on several factors, including the cultivar produced and product sold (i.e., fresh or frozen), locality, aggregate productivity, targeted market, and timing. As a result, profit margin is very difficult to determine."
Fonsah and his team studied the costs of growing the highbush blueberries over a four-year period. The first year of the study, establishment and maintenance cost of growing the crop in Georgia was approximately $9585.55 per acre. After the fourth year, which was considered to be the first year of actual full production, the cost was estimated at $13,547.35 per acre. The compounded and recaptured establishment annual costs were $2176.43 per acre, and the risk-rated expected returns over total costs 66% of the time were $5452.65 per acre. Fonsah remarked, "In conclusion, our research showed that the chance that farmers will show a profit from the highbush blueberry crop is 92%."
Dr. Fonsah commented that "the results of our study show that the blueberry industry is viable and worth farmers' investment. From our research results, we can inform growers that their return on investment will be positive. Also, our study explained agricultural practices necessary to grow good quality blueberries. The impact is already visible as growers are expanding their acreage. This increase in acreage plus experience will boost production and value. The viability of the blueberry industry will have a spill-over effect to the agricultural economy, in that growers will need to buy more materials and machines. This will translate into the creation of jobs in our area."
Michael W. Neff | EurekAlert!
Energy crop production on conservation lands may not boost greenhouse gases
13.03.2017 | Penn State
How nature creates forest diversity
07.03.2017 | International Institute for Applied Systems Analysis (IIASA)
Astronomers from Bonn and Tautenburg in Thuringia (Germany) used the 100-m radio telescope at Effelsberg to observe several galaxy clusters. At the edges of these large accumulations of dark matter, stellar systems (galaxies), hot gas, and charged particles, they found magnetic fields that are exceptionally ordered over distances of many million light years. This makes them the most extended magnetic fields in the universe known so far.
The results will be published on March 22 in the journal „Astronomy & Astrophysics“.
Galaxy clusters are the largest gravitationally bound structures in the universe. With a typical extent of about 10 million light years, i.e. 100 times the...
Researchers at the Goethe University Frankfurt, together with partners from the University of Tübingen in Germany and Queen Mary University as well as Francis Crick Institute from London (UK) have developed a novel technology to decipher the secret ubiquitin code.
Ubiquitin is a small protein that can be linked to other cellular proteins, thereby controlling and modulating their functions. The attachment occurs in many...
In the eternal search for next generation high-efficiency solar cells and LEDs, scientists at Los Alamos National Laboratory and their partners are creating...
Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are less stable. Now researchers at the Technical University of Munich (TUM) have, for the first time ever, produced a composite material combining silicon nanosheets and a polymer that is both UV-resistant and easy to process. This brings the scientists a significant step closer to industrial applications like flexible displays and photosensors.
Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Albeit, the nanosheets are...
Enzymes behave differently in a test tube compared with the molecular scrum of a living cell. Chemists from the University of Basel have now been able to simulate these confined natural conditions in artificial vesicles for the first time. As reported in the academic journal Small, the results are offering better insight into the development of nanoreactors and artificial organelles.
Enzymes behave differently in a test tube compared with the molecular scrum of a living cell. Chemists from the University of Basel have now been able to...
20.03.2017 | Event News
14.03.2017 | Event News
07.03.2017 | Event News
23.03.2017 | Health and Medicine
23.03.2017 | Physics and Astronomy
22.03.2017 | Materials Sciences