The University of California has published two new studies that examine the cost of producing oranges and walnuts.
The new studies are `Sample Costs to Establish an Orange Orchard and Produce Oranges in the Southern San Joaquin Valley` by Neil O`Connell, Craig Kallsen, Mark Freeman, Karen Klonsky and Richard De Moura; and `Sample Costs to Establish a Walnut Orchard and Produce Walnuts in the Northern San Joaquin Valley by Joseph Grant, Kathleen Kelley, Janet Caprile, Karen Klonsky and Richard De Moura.
Each analysis is based upon hypothetical farm operations using practices common in the region. Input and reviews were provided by farm advisers, researchers, growers, farm accountants, pest control advisers, consultants and other agricultural associates.
Assumptions used to identify current costs for the individual crops, material inputs, cash and not-cash overhead are described. A ranging analysis table shows profits over a range of prices and yields. Other tables show the monthly cash costs, the costs and returns per acre, hourly equipment costs, and the whole farm annual equipment, investment, and business overhead costs.