Financial and Economic Analysis of Producing Commercial Tomatoes for Fresh Market in the Georgia

Esendugue Fonsah () and Joel Hudgins

Journal of the ASFMRA, 2007, vol. 2007, 8

Abstract: This study examines the financial and economic viability of producing commercial tomatoes for the fresh market in Georgia. Historical data on yields, prices received by growers, and actual production input prices were collected and used to develop an enterprise budget. Specifically, the study was aimed at analyzing profit margins and break-even conditions, and presents various operating scenarios under a risk-rated return framework. Analysis of enterprise cost and return estimates indicated that commercial tomato production is a lucrative business enterprise worth investing.The result will be useful to Georgia and the neighboring southeast and deep-south states that adopt similar agricultural production practices.

Keywords: Crop Production/Industries; Financial Economics (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:189902

DOI: 10.22004/ag.econ.189902

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