I01
6A 9
April 1986
Circular 689
DECISION AIDS FOR CITRUS GROWERS
New Citrus Grove Analysis
and
Citrus Tree Value
Central Science
Library
COMPUTER SERIES
JAN 30 1990
University of Florida
Ron Muraro, Francis Ferguson, Jr., Greg McFerren, v o "
and Pongchat Chunkasut (Noy)
Cooperative Extension Service / Institute of FuaWdnd Agricultural SSolenes / University of Florida / John T. Woate, Dean
101
F636c
689
guide
Disk(s) under separate cover
DECISION AIDS FOR CITRUS GROWERS
New Citrus Grove Analysis
and
Citrus Tree Value
Ron Muraro, Francis Ferguson, Jr., Greg McFerren,
and Pongchat Chunkasut (Noy)
FOOD AND RESOURCE ECONOMICS DEPARTMENT
INSTITUTE OF FOOD AND AGRICULTURAL SCIENCES
UNIVERSITY OF FLORIDA
GAINESVILLE, FLORIDA
UNIVERSITY OF FLORIDA LIBRARIM
ABSTRACT
This manual explains how to use the .New Citrus Grove
Analysis and Citrus Tree Value microcomputer programs. The New
Citrus Grove Analysis program provides estimated annual net
returns and estimated accumulated discounted net returns for
establishing a new grove. The Citrus Tree Value program
estimates the value of lost citrus trees and replacement trees.
Keywords: Citrus, Net Replacement Cost, Financial Analysis,
Microcomputer
ACKNOWLEDGMENT
The authors would like to thank Susan Phillips, Economic
Analyst for her help in producing the final software and
documentation.
TABLE OF CONTENTS
INTRODUCTION.......................................... 4
CONCEPTS............... ........ ...................... 4
GETTING STARTED ....................................... 6
PART I. NEW CITRUS GROVE ANALYSIS.................. 8
Introduction................................ 8
Running the Program......................... 8
Interpreting the Output.................... 14
Conclusion.................................. 16
Figure I-1 .................................. 17
PART II. CITRUS TREE VALUE........................... 18
Introduction ................................. 18
Running the Program .......................... 20
Interpreting the Output...................... 23
Use of the Program Output.................... 24
Comments ..................................... 25
Figure II-1 .................................. 26
Figure II-2.................................. 27
ORDERING INFORMATION.................................. 28
REFERENCES ............................................. 29
APPENDIX A: ANNUAL ESTABLISHMENT COSTS................ 31
APPENDIX B: ANNUAL RESET COSTS........................ 34
APPENDIX C: HISTORICAL CITRUS YIELD DATA.............. 36
DECISION AIDS FOR CITRUS GROWERS
Ron Muraro, Francis Ferguson, Jr., Greg McFerren,
and Phongchat Chunkasut (Noy)
INTRODUCTION
Citrus grove owners and managers are faced with many
decision making problems. Two of these problems, estimating the
net returns for establishing a new grove and estimating the value
of lost citrus trees, are addressed in this manual. The New
Citrus Grove Analysis program uses information on fruit variety,
prices, annual fruit yield and costs to calculate annual net
returns and accumulated discounted net returns for establishing a
new grove. The Citrus Tree Value program uses fruit prices,
grove care costs, yields and discount or capitalization rates to
determine the value of a particular tree loss.
CONCEPTS
The New Citrus Grove Analysis and Citrus Tree Value' programs
use a concept known as the "time value of money". This theory,
simply put, states that a dollar today is worth more than a
dollar to be received sometime in the future.
Three of the most common reasons given for this time
preference are 1) alternative uses for today's dollar; 2)
Ron Muraro, Farm Management Specialist, designed and
documented the original program for the Apple II computer.
Francis Ferguson Jr., former Extension Computer Specialist, was
the programmer for the original Apple version. Greg McFerren,
former Computer Programmer, converted the original program code
to the IBM computer and helped document the IBM version.
Pongchat Chunkasut (Noy), Computer Programmer, created the final
version of this program.
uncertainty and risk, and 3) inflationary trends. Lack of
liquidity (slowness of converting land to money) and the costs of
managing money are also important in the citrus industry.
A simple method to determine the appropriate discount rate
for a specific operation is to think of the discount rate as
having five separate components:
r A+R+I+L+M
where r = time value of money
A = alternative use of money
R = allowance for risk or uncertainty
I = allowance for inflation
L = premium for lack of liquidity
M = allowance for cost of managing money
Summing the appropriate numbers results in a discretionary but
useful estimate of an individual's time value of money or
discount rate.
Below is an example of how the time value of money, or
discount rate, can be calculated:
Value of alternative use (i.e. passbook savings
or money market rate) 5.0%
Risk of ownership (i.e. weather) 2.5%
Inflationary allowance 3.5%
Premium for lack of liquidity 2.0%
Cost of money management allowance 1.0%
Discount rate 14.0%
The present value of a future sum of money (A) at a discount
rate of (r) is equivalent to the amount of money which would
have to be invested today at (r) annual interest rate to have the
same sum of money (A) at a specified time in the future.
A simple example may help illustrate the concept of
discounting. Suppose an investor possesses $100 (X) which he
invests at an annual interest rate of 10% (r) compounded annually
for 2 (n) years. At the end of two years, his $100 has grown to
a value of $121.00 (A) where:
A = X(l + .10)^2
Equivalently, $100 received two years from now at a 10% annual
interest rate has a present value (X) given by
X = A
(1+r)
where X $82.64 in this case.
Therefore, a person would have to invest $82.64 for two years at
a 10% interest rate to have $100 at the end of the two years.
GETTING STARTED
The software for "DECISION AIDS FOR CITRUS GROWERS"
requires an IBM PC microcomputer with a minimum of 64 kilobytes
(KB) of random access memory (RAM), one 360KB disk drive, a color
or monochrome monitor and an IBM printer. The printer is
required for the software to operate properly. PC-DOS and BASICA
are also required.
The distribution disk contains four BASICA files: MENU.BAS,
CITGROV.BAS and CITTREE.BAS, and AUTOEXEC.BAT. Since the distri-
bution disk does not contain DOS or BASICA, you must first create
a system disk that has BASICA on it and then copy the four
program files to the disk. The AUTOEXEC.BAT file will make the
software easier to use since it will automatically load BASICA
and run the MENU program when the system is started.
To create a working disk for DECISION AIDS FOR CITRUS
GROWERS, follow these simple instructions:
1. Create a disk with DOS and BASICA on it by following the
instructions in the IBM user's manual.
2. Put the original distribution disk in drive A and your
new system disk in drive B.
3. From the A> prompt type: COPY *.* B:
4. Now remove the original distribution disk and store it
in a safe location as a back-up copy. Put your new
system disk containing the three BASICA program files in
Drive A.
With your new system disk in drive A, when you turn your
computer on or issue the system restart key sequence,
(alt){ctrl}(del}, the MENU program will automatically run, and
you can select either the New Citrus Grove Analysis program or
the Citrus Tree Value program.
To stop a program at any point press the (ctrl} {break} keys
simultaneously. To restart the program that you were using, type
RUN and then press the key. To go back to the main menu
type RUN"MENU" and then press the key.
PART I. NEW CITRUS GROVE ANALYSIS
Introduction
Projecting the annual net return over the investment period
(10, 20, or more years) for a new citrus grove establishment be-
comes a long and tedious task. However, with the aid of a micro-
computer, several possible establishment scenarios can be quickly
analyzed. In this report, a microcomputer program is discussed
which allows the grower-investor to enter the fruit variety,
prices, annual fruit yield and costs for a specific new grove
establishment. The analysis provides both estimated annual net
returns and estimated accumulated discounted net returns.
Running the Program
To run the New Citrus Grove Analysis program, select option
one on the main menu. The program will load and display a title
page and another menu. Select option one to begin the program.
Option two displays the program credits and a disclaimer message.
Option three displays a brief set of instructions for operating
the program.
The New Citrus Grove Analysis program prompts the user to
enter the information necessary for the analysis. In the
following example run, the underlined numbers are not provided by
the program. Instead, these numbers are example responses which
have been provided to demonstrate the program. Individual users
should enter responses appropriate for their analysis.
The first response the user makes is to select the fruit
variety. In the example, the variety late oranges (#3) has been
selected. The following screen will be shown:
The user is next asked to select yield values between two
historical yield tables--either Savage or the Department of
Citrus (see Appendix C). The values in these tables are "built
into" the program. For the example, Department of Citrus Yield
tables (#2) are selected.
I
(1) Historical Yields (Savage)
(2) Historical Yields (Dept. of' Citrus)
---> 2
Now the yield potential for the variety selected must be
chosen. Such influences as soil types and variety-rootstock
combinations should be considered when deciding upon the yield
potential. High Yield (#3) is selected for the example.
NEW CITRUS GROVE ANALYSIS
FRUIT TYPE
(1) EARLY ORANGES
(2) MID ORANGES
(3) LATE ORANGES
(4) TEMPLE ORANGES
(5) TANGERINES
(6) SEEDY GRAPEFRUIT
(7) SEEDLESS GRAPEFRUIT
---> 3
(1) Low Yield
(2) Average Yield
(3) High Yield
---> 3
The user must next provide data for the following:
Enter Current Price ($/Box) 4.50
Enter # of Trees Per Acre 145
Enter Discount Rate (%) 12.0
Enter # of Years of Analysis (1-50) 15
The current on-tree price per box of the variety selected must be
entered. The number of trees per acre represents the tree
density of the proposed new citrus grove establishment. Since
the analysis calculates a discounted cash flow, a discount rate
must be entered to calculate the present value of the cash flow.
Also the number of years for the analysis (1-50 years) is
entered.
Now the user can select future pricing situations. Three
choices are provided: "constant price" --the current price is
used for each year of the analysis; "percentage increase"--the
current price is increased by the same percentage each successive
year; and "break prices"--the user enters prices at given time
intervals to compensate for fruit price and quality differences
as the trees mature. In the example, the pricing situation
"break prices" is selected (#3).
FUTURE PRICE
(1) Constant Price (Current)
(2) Percentage Increase
(3) Break Prices
---> 3
Values for the "break prices" (in dollars per box) are then
entered:
Price 2-10 years 4.50
Price 11-15 years 5.00
Price 16-?? Years 5.50
A citrus grove, regardless of age, will have trees die
(disease, lightning, etc.). Therefore, the annual loss of
trees, the cost of their replacement, the lost yield of the trees
removed and the added yield of the replacement trees must be
included in the analysis. The program automatically calculates
the additional annual maintenance costs of the reset trees and
adjusts annual yields with respect to the trees removed and the
maturing reset trees.
The user has two options for tree removals: "removals year-
by-year"--a separate tree removal rate is entered for each year
of the analysis; and "constant removals"--the same number of
trees are removed each year. A "constant removal" rate (#2) is
selected for the example:
TREE REMOVAL
(1) Removals Year-By-Year
(2) Constant Removals
---> 2
Number Removals Per Year 4
The last information required by the New Citrus Grove
Analysis is the production cost associated for each year of the
analysis period. The production costs are separated into nine
entries. The first year of a new grove investment is referred to
as "Zero Year" during which the land is purchased, governmental
regulations (environmental impact studies and water permitting)
are satisfied, and actual land preparation is completed.
Normally, all soil and water conservation expenses are incurred
during the "Zero Year." Trees are planted during the second year
of investment or grove year one. Years one through four
represent the development stage of the new citrus grove. The
Internal Revenue Service Regulations require all costs incurred
in growing, or establishing, the trees during the first four
years to be capitalized, not expensed. The capitalization
expense qualifies for depreciation and "new-property" investment
credit deductions beginning in the fifth year. The remainder of
the cost entries have been grouped into five year increments--5
to 9 years, 10 to 14 years, 15 to 19 years and 20 years and
older.
The production cost entries for the example assume that only
cash expenditures are incurred during the analysis period.
During the period "Zero Year" through Year #4, the example
assumes that sixty percent of the total establishment costs are
financed over fifteen years at a twelve percent rate of interest
with the remaining forty percent of expenditures being incurred
by the grower-investor.
Cost entries after year #5 are the grove care costs for the
established grove. Interest and principal payments are included
in all cost entries beginning in year #2. No depreciation of
young tree care costs are included in the cost entries. As
discussed earlier, the additional costs of the young reset trees
are automatically calculated by the program. For the example,
the following costs were entered:
PRODUCTION COSTS
COST PER ACRE, ALL YEARS
PRODUCTION COSTS YEAR #0 950
PRODUCTION COSTS YEAR #1 700
PRODUCTION COSTS YEAR #2 400
PRODUCTION COSTS YEAR #3 450
PRODUCTION COSTS YEAR #4 475
PRODUCTION COSTS/YR: 5-9 YRS 700
PRODUCTION COSTS/YR: 10-14 YRS 750
PRODUCTION COSTS/YR: 15-19 YRS 575
PRODUCTION COSTS/YR: 20-?? YRS 550
After making the final cost entry, the program will begin
calculating the results of the anaylsis. The following will be
shown on the screen:
TURN THE PRINTER ON...
PRESS ENTER TO CONTINUE
Upon pressing any character on the keyboard, the results of the
analysis will be printed.
Interpreting the Output
Figure I-1 is a sample of the program output. The top
heading identifies the program and provides specific information
used in analyzing the establishment scenario. The analysis
results in Figure I-1 can be interpreted as follows:
YR--The time period over which the
new grove establishment is analyzed. "0" year is
the year of land purchase and preparation as well as
satisfying government regulations. Year #1 repre-
sents the first grove year during which the trees are
planted.
Yields Reset/Normal--Annual fruit yield in
boxes per acre. The left set of numbers
represent the yields of the replacement trees
(Reset) as they mature. The right set of numbers
represent the yield of the remaining original trees
(Normal) as they mature. Total annual yield would be
the sum of the reset and normal yield values. For
example, total yield for year #8 would be 211.7 boxes
per acre (19.8 + 191.9).
R-Profile/1-4 YRS--This is the reset or
replacement tree planting profile. The non-.
productive reset trees normally need additional care
during the first four years of development.
Therefore, the number of non-productive trees for
each year is indicated. For example, in Year #3, 4
one-year-old trees, 4 two-year-old trees, 137 three-
year-old trees, and no four-year-old trees are in the
analysis.
Total $ Income--The value represents total
gross revenue of any single year. The value is
calculated by multiplying the number of boxes (Yields
Column) by the respective per box price value. For
our example, total gross income for Year #8 would be
$953 (211.7 boxes @ $4.50 per box).
Cost Reset/All--The cost for reset trees, the
left value, is the annual additional cost of the reset
tree (tree removal cost plus tree maintenance cost)
plus the combined annual cost of the reset tree with
respect to the number of resets planted. The cost for
all trees, the right value, is the total combined cost
of the annual reset cost (the left value) and the
normal annual grove care costs. For our example, Year
#8, the total cost of maintaining sixteen reset trees
is $144 and the total of all cash expenditures is $844
($144 plus $700).
Annual Profit--The annual "actual" dollar pro-
fit, or net return, over all costs is shown. Year #8
would be interpreted as a $109 profit ($953 income
minus $844 cost). For this example Year #8 represents
the first year a positive annual return is received.
Accumulative Profit--The annual "actual" dollar
profits are accumulated from one year to the next.
Year #8 indicates an accumulative annual loss of
$2,754 for Year "O" through Year #8.
Present Value of Accumulated Profit--The annual
"actual" dollar profits are discounted at the
selected rate (12.0% for the example) and accumulated
over the analysis period. This represents the value
of future dollars in the current time period. For
the example, Year #8 indicates a negative accumulated
discounted loss of $2,105.
The example analysis can be summarized as
follows. A positive net "actual" dollar profit was
obtained during Year #8. In this example accumulated
net "actual" dollar profit and discounted accumulated
net profit remain negative.
Upon printing the analysis report, the following will be
shown on the screen:
WOULD YOU LIKE TO RERUN THE PROGRAM?
(YIN) N
Entering the Y (for yes) would allow the user to rerun the
program and change any of the original information entered. For
the example, no additional analysis is desired; therefore, an N
(for no) is entered.
Conclusion
The New Citrus Grove Analysis will enable the grower-
investor to analyze several different new grove establishment
possibilities quickly and efficiently. The program does not
provide an after tax cash flow analysis. However, planning
decisions on selecting a particular citrus variety and tree
density, as well as the time period required before obtaining a
profit, can be provided. The careful selection of the costs,
yiel4 potentials, and fruit prices are required before the data
can be used with confidence. The resulting analysis report is
presented on a per acre basis. A simple calculation by the total
number of acres planned for a new grove development will provide
the total values for a specific citrus grove establishment.
NEW CITRUS GROVE ANALYSIS
THIS PROGRAM HAS SEEN DEVELOPED BY R.MURARO FOR IFAS
--> PROGRAM INFORMATION <--
DEPT. OF CITRUS YIELD VALUES YIELD=HIGH CURRENT PRICE = s 4.5
P.V. RATE= 12 % TREE REMOVAL RATE=CONSTANT 4 TREE(S)/YR
FRUIT TYPE=LATE ORANGES
FUTURE PRICE=BREAK 2-10YRS- 4.5 11-1SYRS= 5 >15YRS= 5.5 $/B
YIELDS R-PROFILE TOTALS COST ANNUAL ACCUM P1 CF ACCLU
YR RESET/NORMAL 1-4 YRS INCOME RESET/ALL PROFIT PROFIT PROFIT
0.0/
0.0/
0.0/
0.01/
2.4/
5.61
9.61
14.4/
19.81
26.4/
.4.1/
43.0/
53.0/
64.2
76.21/
88.91/
0.0
0.0
0.0
92.2
106.4
129.0
150.0
164.6
191.9
218.1
242.0
263.5
292.8
290.0
295.7
299.0
0/0/0/0
145/0/0/0
4/4/4/1331
4/4/4/4
4/4/4/4
4/4/4/4
4/4/4/4
4/4/4/4
4/4/4/4
4/4/4/4
4/4/4/4
4/4/4/4
4/4/4/4
4/4/4/4
so
so
so
$0
$370
S490
$606
$718
$805
S953
$1,100
$1,242
$1,511
$1,658
11,'3m
$1,7509
$1,918
SO/
$0/
$961
S130/
$144/
$144/
$144/
$144/
$144/
$144/
$144/
S144/
$144/
$144/
$144/
-$950
-$700
-$496
-$198
-4116
-$238
-$126
-439
$109
$256
$348
$617
$764
$856
$944
$1.199
-$950
-1, a50
-$2,146
-$2,344
-$2,460
-$2,698
-12,824
-$2,363
-$2,754
-$2,498
-12,149
-S1.532
-S769
$87
$1,032
12.23::1
-S848
-$1,406
-$1,759
-$1,951
-12,072
-$2,128
-42,144
-"2,105
-12.022
-"1,?22
-$1,764
-11,389
-41.414
-1,241
-41.,046
Figure 1-1
PART II. CITRUS TREE VALUE
Introduction
The impact of citrus trees lost each year due to man-made
and natural causes is substantial. Estimating the value of
adverse impacts on the productive capacity of the industry in
general and specifically, on the profitability of individual
operations, is important for several reasons. In the case of
natural disasters such as fires, accurate estimates of the value
of income lost from each tree destroyed is required by insurance
appraisers to determine needed compensation for losses. When the
cause of the loss is man-made, such as government building of new
roads, growers need an accurate estimate of the lost tree value
to determine fair restitution.
The value of lost citrus trees is difficult to determine for
at least two reasons. First, even with a good pocket calculator,
the necessary calculations are long and tedious. Second, the
theoretical basis underlying the calculations is conceptually
complex. For these two reasons, estimating the value of lost
income due to the destruction of citrus trees is ideally suited
for solution by a microcomputer.
Citrus Tree Value is a program for the IBM Personal Computer
which allows citrus growers and managers to use the appropriate
fruit prices, grove care costs, yields and discount or
capitalization rates to determine the value of a particular tree
loss. The program uses discount rates in calculating the present
value of income lost by the death of a tree and the present value
of costs which would have been associated with maintaining that
tree if it had lived.
The annual expected gross income and grove care costs of the
lost tree are multiplied by the discount rates yielding the
present value of income and costs. The difference between these
two values gives the annual discounted net return of the lost
tree. The same procedure is used to discount income and costs
2
for the replanted tree. These annual discounted returns are
then summed to derive the capitalized value of the lost tree and
the net cost of replacing the lost tree.
The number of years over which the summation is performed is
the number of years required for the replanted tree to reach
maturity. Tree age at maturity varies among citrus varieties.
Yields normally level off at approximately 25 years of age. For
purposes of analysis, 20 year-old trees were classified as
mature. At maturity, the lost tree and the net replacement cost
of the replanted tree at maturity gives the total value of the
tree lost.
1Defined as expected income if the tree had lived minus
expected tree care cost if the tree had lived.
2Defined as expected tree care cost of the maturing reset
tree minus expected income from the maturing reset.;
3This approach implicitly assumes citrus trees have infinite
lives. Citrus trees do, in fact, have life spans of 100 years or
more, so this is a reasonable assumption.
Running the Program
To run the Citrus Tree Value program, select option two on
the main menu. The program will load and display a title page and
another menu. Select option one to begin the program. Option
two displays the program credits and a disclaimer message.
Option three displays a brief set of instructions for operating
the program.
The Citrus Tree Value program prompts the user for the
information necessary for the analysis. In the following example
run, the underlined numbers are not provided by the program.
Instead, they are example answers which have been provided to
demonstrate the program. Individual users should enter responses
appropriate for their situations.
The user first responds by selecting the fruit type. For
this example, type the number 3 to select LATE ORANGES as the
fruit type and press .
CAPITALIZED TREE VALUE
FRUIT TYPE
(1) EARLY ORANGES
(2) MID ORANGES
(3) LATE ORANGES
(4) TEMPLE ORANGES
(5) TANGERINES
(6) SEEDY GRAPEFRUIT
(7) SEEDLESS GRAPEFRUIT
---> 3
The computer responds by prompting for the tree's most recent or
expected yield if the tree was not removed. By selecting option
(1) the user can enter a specific yield. Options (2) and (3) use
information from subsequent questions to select a plausible yield
based on the historical yield tables of Savage or the Florida
Department of Citrus. These historical yields from Savage and
the Department of Citrus are listed in Appendix C and are "built
in" to the program. In this example, values are to be supplied
by the user so option (1) is chosen:
(1) ENTER TREE YIELD
(2) HISTORICAL YIELDS (SAVAGE)
(3) HISTORICAL YIELDS (DEPT. OF CITRUS)
--->i^
Since we have elected to supply yield figures, the bottom of
the screen clears and the program prompts for the tree yield (in
boxes) of the lost tree:
TREE YIELD PER BOX ? 5.5
Regardless of which yield figures are chosen, the bottom of
the screen clears once again and the following information must
be provided concerning the lost tree:
ENTER TREE AGE IN YEARS 20
ENTER GROVE CARE COST PER TREE 6.50
ENTER PRICE PER BOX 5.50
ENTER DISCOUNT RATE 14.0
The "DISCOUNT RATE" refers to the discount rate deemed appro-
priate by the user. "GROVE CARE COST PER TREE" should include
watering, fertilizing, banking and unbanking, sprouting, and
applying herbicide.
Page
Missing
or
Unavailable
Page
Missing
or
Unavailable
table gives the net cost for replacing the lost tree (Figure II-
2).
The capitalized tree value is similar to the capitalization
or income approach to valuing (appraising) property. The
capitalized value represents a value for land, trees and any
irrigation improvements. Therefore to determine only tree value,
a prorated amount of land and irrigation value must be subtracted
out.
The net replacement cost value is the additional value loss
due to complete loss of a citrus tree and/or the value loss due
to the time required to recover an equivalent tree. The net
discounted value of replacement grove care costs of the .tree less
the expected future income from the tree represents the net
replacement cost of the tree. When determining total value lost
from condemnation where trees, land and improvements are taken, a
prorated value for land and irrigation must be added back to the
net replacement cost value.
The combination of capitalized value and severence value
would represent the total loss of a citrus tree.
Use of Program Output
As an example of how the program can be used, consider a
case in which the value of three trees lost due to fire must be
estimated for an insurance claim. The example program output in
Figures II-1 and 11-2 indicate a capitalized value per tree of
$139.15 and a net replacement cost per tree of $24.09, the total
value lost per tree is $163.24. Since property is not being
taken, however, the land and irrigation value must be subtracted.
If these values are $20 per tree and $10 per tree, respectively,
then the net value lost per tree is $133.24. The insurance claim
would be three times this amount, or $399.72.
As a second example, suppose that 20 trees are to be taken
(property included) due to government condemnation for a paved
road. If the capitalized value and net replacement cost are the
same as in the first example, the total loss in this case would
be 20 trees at $163.24 per tree, or $3,264.80. Since both trees
and property are being taken, the land and irrigation value would
not be subtracted.
Finally, suppose that 10 nonproductive reset trees are taken
due to government condemnation, and that the average age of the
trees is two years. If the two year accumulated net replacement
cost value per tree is $34.84, land value per tree is $20, and
irrigation value per tree is $10.then the total loss per tree is
$64.84. The total loss is ten times as much for ten trees, or
$648.40. Since the net replacement cost does not include a value
for land and improvements (irrigation), these values must be
added to the tree value lost in a condemnation.
Comments
The validity of the program output is highly dependent on
the validity of the numbers supplied by the user. Therefore,
some research on costs and yields may be necessary before the
program is run. Nonetheless, the microcomputer can handle much
of the necessary analysis quickly and efficiently. In this way,
it can be a valuable tool in determining the value of lost citrus
trees.
: CITRUS TREE VALUE
: THIS PROGRAM HAS BEEN DEVELOPED BY R.MURARO FOR IFAS :
CAPITALIZED VALUE OF 20 YEAR OLD LATE ORANGES
USER YIELD VALUES
(1) (2) (3) (4) (5) (6)
YEAR P.V.FACTOR EXP.INCOME P.V.OF GCC IF TREE P.V.OF NET RETJFN
: 14 % YIELD= 5.5 EXP. INCOME HAD LIVED GCC TREE LOST
PRICE= 5.5 (1 X 2) (1 X 4) (3 5)
1 .877 $30.25 $26.53 $6.50 $5.70 $20.83
2 .769 $30.25 $23.26 $6.50 $5.00 $13.26
3 .675 $30.25 $20.42 $6.50 $4.39 $16.03
4 .592 $30.25 $17.91 $6.50 $3.85 $14.06
5 .519 $30.25 $15.70 $6.50 $3.37 $12.33
6 .456 $30.25 $13.79 $6.50 $2.96 $10.83
7 .400 $30.25 $12.10 $6.50 $2.60 $9.50
S .351 $30.25 $10.62 $6.50 $2.2S $8.34
9 .308 $30.25 $9.32 $6.50 $2.00 $7.31
10 .270 $30.25 $8.17 $6.50 $1.76 $6.41
11 .237 $30.25 $7.17 $6..50 $1.54 $5.63
12 .208 $30.25 $6.29 $6.50 $1.35 $4.94
13. .182 $30.25 $5.51 $6.50 $1.18 $4.32
14 .160 $30.25 $4.84 $6.50 $1.04 $3.S0
15 .140 $30.25 $4.24 $6.50 $0.91 $3.33
16 .123 $30.25 $3.72 $6.50 $0.80 52.92
17 .108 $30.25 $3.27 $6.50 $0.70 $2.S6
18 .095 $30.25 $2.87 $6.50 $0.62 $2.26
19 .083 $30.25 $2.51 $6.50 $0.54 $1.97
20 .073 $30.25 $2.21 $6.50 $0.47 $1.73
:! TOTAL $200.44 $43.07 $157.37
Figure II-1
NET COST OF REPLACING A 20 YEAR OLD LATE ORANGES
SAVAGE YIELD VALUES
(10)
(11)
(12)
YEAR EXP.GCC OF P.V.0F EXP.INCOME FROM P.V.OF NET REPLMT TOTAL VALUE
RESET TREE GCC RESET TREE EXP.INC. COST RESET TREE LOST
(1 X 7) Y = A (1 X 9) (8 10) (6 11)
-- -- -- --e -- -
1
2
4
5
6
7
.9
10
11
12
13
14
15
16
17
$29.95-
$11.15
s9.S5
$10. 00
$6.50
$6.50
$6.50
$6.50
$6.50
$6.5:
$6.50
$6.50
$6.50
$6.50
$6.50
$6.50
$6. 50
$6.50
S6.50
$6.50
|*: TOTAL **
$26.27
$8.57
$6.65
$5.92
$3.37
$2.96
$2.60
$2.28
$2.00
$1.76
$1.54
$1.35
$1. IS
$1.04
S0.91
SO. SO
$0.70
$0.54
*SO. 47
$71.54
$0.00
$0.00
$2.00
$3.50
$5.00
$7.00
$8.50
$9.50
$11.00
S12.50
$13.50
$15. 00
$16.00
$17.00
$18.50
$19.50
$20.50
$21.50
$22.50
$23.00
$0.00
$0.00
$1.35s
$2.07
$2.60
$3. 19
$3. 40
$3.33
$3. 39
$3.38
$3.20
$3. 12
$2.91
$2.72
$2.59
$2.40
$2.21
$2.04
$1.87
$47.45
$26.27
$8.57
$5. 30
$3.85
$0.78
-$0.23
-$0.80
-$41. 05
-$1-.66
-$1.77
-$1.73
-$1.68
-si. 6a
-$1.60
-$1.51
-$S1.33
-$1-.2
$47.09
$26.84
$21.33
$17.91
$13.10
$10.60
$8.70
$7.28
$5.93
$4.79
$3.97
$3. 17
$2. 12
31.65
$1.32
$1.05
so. 34
$24.09 $131.46
Figure I1-2
ORDERING INFORMATION
For more information on this and other IFAS microcomputer
software contact your county extension office or write to:
IFAS Software Communication and Distribution
G022 McCarty Hall
University of Florida
Gainesville, FL 32611
REFERENCES PART I
Florida Crop Livestock Reporting Service. Florida Agricultural
Citrus Summary, 1982.
Florida Department of Citrus. 1972. Estimated Florida Oranges,
Temple and Grapefruit Production, 1972-73 to 1979-80. Cir.
72-5.
Muraro, R.P., and Francis Ferguson, Jr. 1982. A Microcomputer
Program to Determine Citrus Tree Value. Univiversity of
Florida Economic Information Report No. 168.
Muraro, R.P. 1982. Budgeting Costs and Returns: Central
Florida Citrus Production, 1981-82. University of Florida
Economic Information Report No. 160.
Muraro, Ronald P. 1982. "Grove Establishment Costs on Flatwoods
Soils." The Citrus Industry Magazine, June 1982, pp. 47,
48 and 50.
Savage, Zach. 1960. Citrus Yields Per Tree Age. Agr. Ext. Ser.
60-8. Univ. of Fla., Gainesville.
REFERENCES PART II
Abbitt, Ben, R.P. Muraro and T.H. Spreen. 1979. A Method for
Estimating Net Total Loss from Losing a Citrus Tree.
University of Florida Economic Information Report No. 105.
American Institute of Real Estate Appraisers. 1973. The
Appraisal of Real Estate.
Florida Crop and Livestock Reporting Service. Florida
Agricultural Citrus Summary, 1977.
Florida Department of Citrus. 1972. Estimated Florida Oranges,
Temple and Grapefruit Production, 1972-73 to 1979-80.
Circular No. 72-5.
Muraro, R.P. and Francis Ferguson. 1982. A Microcomputer
Program to Determine Citrus Tree Value. University of Florida
Economic Information Report No. 168.
Muraro, Ron. 1981. Estimated Cost of Planting and Maintaining a
Ctirus Tree Through Four Years. Unpublished data.
Muraro, R.P. 1982. Budgeting Costs and Returns: Central
Florida Citrus Production, 1981-82. University of Florida
Economic Information Report No. 160.
Savage, Zach. 1960. Citrus Yields Per Tree Age. Agricultural
Extension Service No. 60-8. University of Fla., Gainesville.
Smith, Donald G., et al. 1975. Professional Rural Appraisal
Manual. Fourth edition.
APPENDIX A:
Annual Establishment Costs
Cost for Establishing, Planting and Maintaining a Citrus Grove
Through Four Years of Age, Indian River and Flatwood Areas
Cost Per Acre
Range Average Your cost
Land Cost:* Improved Pasture Land 1500 2500 1740
Ran Land and Sen-improved Pasture 1000 2000 1400
Land Preparation: Pasture and Light Palnettos 80 225 160
(Clearing) Ram Land (heavy pines, pal ettos) 200 400 310
Leveling: With Laser 200 350 275
Without Laser 100 250 160
Beddinq: 2-roms (long rows-lt siles) 105 150 125
2-rots (short rows--l,350 feet) 125 325 200
Soil Amendments: Doloeite 2-tons 65
Super Phosphate 500 lb. 45 -
Canals, Ditches, ikes, Reservoirs, and Roads 250 400 315
Throw-out Pumps for Water Movement 40
Culverts and Pipes 85 125 105
Drainage Tile 140 160 150
Irrigation Systems: Nicrosprinkler
With Nelll 1000 2000 1360
Without Nell 375 1000 705
Drip
With Neil 800 1300 1013
Without well 240- 800 540
Water Permits and Environmental Studies:
Cost 10- 35 30
Tin in Months 3- 6 5
Percent Land Utilization: Planted to Citrus 50 89X 73
Ditches and Canals 5Z 10% 8
later Retention 32 252 13%
Roads and Service Areas 3% 15 6Z
Average Trees Per Acre: Oranges 116 165 136 -
Srapefruit 100 116 112
*&and cost will vary froe one county to another as well as fro one parcel to another.
"Irrigation costs include distribution system, power unit and will (where indicated). The higher cost ranges
reported also included a cost for fertigation equipment.
iCONTINUEo ON REVERSE StIE)
C"s fo Cstaadtiq Malntl ad Igaasswade altria Grove
Tmr~p For Years so iqe, hism over ad Iatemi Areas IcUI 6.1
Cost Fa tree
Tram ad P bere Treal L
Itale, nut ad Warte re .1A
Ttold cut Per Iree LAS
*A=W PwrtilUg Jim II,. Wvtpt 0.3 -
0M.46 -
Itisil/ilette L.43
TOWa freg Cors cast lowI is1 -i
Total cut Yew Ii MN.
yaw a
Iluuwtoarl frrtqwstiae 0464-
Pu'tlina free L.4-
soiew ter utilizaiss aft urvtqii 0.2-
0.r1L-
lpwui taw l' 0.2 -
NEW6 -oL
ft~lluismt LU -
Meet -6
buEamsess 0.13
towa C"s Yew a2
yiea a
fruutevroaIrrwtimovess 0.45
Fertilize TOee L.3-
hoiInaI Fortiaai.n one WIon'ta Lis
SvW4 0.5
%ruetq (114br L29
V~dl 0.46
UIUU~stte 041
1wsq 0.2
Nualsutlms 0.11
1ota Cast Yew 013.
low 64
NUNNsewat lertemqatvm0.1
Fgtilig itee0.w
fggtsuet F'UutuaUst anm frrigtquie0.6
%vop LOd
%rating f(twl LIS
0.40d -O
leav -A
LIIt -.1
towe Cam Yew K 35
talig Few Yew attewAtatu cast$ 2.16
sl~wesutq es Ic forg ernsa IM81510 4" alid W OL0. Wu tree If a treS an owe stw latewtaq.
th cat e tree Wall "Ol M10.3 Per 1Aagtgattal.
aml: Me Item* Cokorg far Castal materIs to5 o Lg tio th a sd" caves MW at costs #u' utasqema
as !suas.
'WwWes Au, Put. 4wwg. P1ws Omaweme Ecugeset. =m Late hofria, FL. lesesse MU.
APPENDIX B:
Annual Reset Costs
ESTIATED COST OF PtflNT ANu MINTAININ6 a RESET CITRUS TREE- M OU FOU YEAMS OF AGE
Year Ij:
Tree Removal
Tree Cost (Sare Root)
Site Preparation, Plant Tree and First
Watering
Total Plmating Costs
Mater Tree with Truck (Average 10 Times)*
Fertilize Tree (5 Tim, Truck, Labor,
mad Raterials)
Tree rlap
Sproutinq
Herbicide list Watering)
tidoail/Allette
Riscoallious
Total Tree Care Year I1
Total Cost Year It
- - ----------
---------------------------------------
1.60
2.00
.30
.13
.45
.30
1.80
1.40
2.00
.30
.153
.45
.30
1.10
1.20
2.00
.25
.15
.45
.23
1.30
1.10
2.00
.23
.15
.45
.25
7.70
1.00
2.00
.20
.13
.45
.20
7.00
26.70 24.10 21.23 18.20 16.20
1,ar _2:
later Tree with Truck (Average 5 Timesie
Fertilize Tree (4 Tmas)
Sprouting
Herbicide ltst Watering)
Iidwail/Aliette
Hi scallmanus
Total Cost Year 12
Year o3
Fertilize Tree (4 Tims)
Sprouting
Niscellaneous
Total Cost Year 13
tir 14:
Fertilize Tree (4 Timle
iscellaneous
Total Cost Year 14
Total Four Yew Accuswlated Costs
39.7-5 136.00 $31.70 127.40 123.70
ones* ago" one**e IsIII ImI
*Fhe costs listed are the additional costs incurred above the costs of cultivation, osray,
fertllizatlto, etc. o4 the normal Irove cars proqrea.
*#iho use of a truct for sarternq rest trea esil very deea4dnq upom ratnfall, avail-
aotltty of irritqtis, soil type, etc. Adjust Iccordliq to as" esa*qeenit ropra.
Preofgae bty Aold P. iraro. Fore 4n qeein(t Econosist, CREC, Late Alfree. FL, Aeqet,
19C5.
2.50
2.20
.30
.13
.45
.30
5."0
2.23
1.95
.30
.15
.43
.40
5.40
2.00
1.70
.253
.13
.45
.23
4.80
2.10
.23
.25
2.60
2.80
.25
3.05
1.753
1.45
.23
.13
.45
.25
4.30
1.80
.25
.25_
2.30
2.353
.25.
2.40
2.15 2.45
.30 .30
.30 .30
3.35 3.05
1.50
1.15
.20
.13
.45
.20
3.65
1.40
.20
.20
1.80
1.85
.20
2.05
3.50
.30
3.80
3.15
.30
3.45
Nuabaw o4 Res ts Pe Acre
1-2 3-5 6-10 11-25 26 -
------Cost Per Tree------
S8.635 1 7.25 6 3.80 S 3.75 I 3.00
4.30 4.50 4.40 4.20 4.20
3.75 3.25 2.75 .2.55 2.00
16.90 13.00 12.1 10.50 1.20
5.00 4.50 4.00 3.50 3.00
APPENDIX C:
Historical Citrus Yield Data
Table 1.--Estimated
yielda per tree for earlyb orange varieties
Age of tree Low Average High Age of tree Low Average High
(boxes) (boxes)
1 0.0 0.0- 0.0 29 3.5 6.6 11.9
2 0.0 0.0 0.0 30 3.5 6.7 12.0
3' 0.0 0.2 0.4 31 3.5 6.7 12.0
4 0.3 0.7 1.1 32 3.5 6.7 12.0
5 0.5 1.2 1.8 33 3.5 6.7 12.0
6 0.7 1.7 2.5 34 3.5 6.8 12.0
7 1.0 2.2 3.2 35 3.5 6.8 12.0
8 1.3 2.7 3.9 36 3.5 6.8 12.0
9 1.5 3.1 4.6 37 3.5 6.8 12.0
10 1.7 3.5 5.3 38 3.5 6.8 12.0
11 2.0 3.9 6.0 39 3.5 6.8 12.0
12 2.2 4.3 6.7 40 3.5 6.8 12.0
13 2.3 4.6 7.4 41 3.5 6.9 12.0
14 2.5 4.9 8.1 42 3.5 6.9 12.0
15 2.7 5.2 8.8 43 3.5 6.9 12.0
16 2.8 5.5 9.3 44 3.5 6.9 12.0
17 2.9 5.7 9.8 45 3.5 6.9 12.0
18 3.0 5.8 10.2 46 0.0 7.0 0.0
19 3.1 5.9 10.5 47 0.0 7.0 0.0
20 3.2 6.0 10.8 48 0.0 7.0 0.0
21 3.3 6.1 11.0 49 0.0 7.0 0.0
22 3.4 6.2 11.2 50 0.0 7.0 0.0
23 3.5 6.3 11.3 51 0.0 7.0 0.0
24 3.5 6.4 11.5 52 0.0 7.0 0.0
25 3.5 6.5 11.6 53 0.0 7.0 0.0
26 3.5 6.5 11.6 54 0.0 7.0 0.0
27 3.5 6.6 11.7 55 0.0 7.0 0.0
28 3.5 6.6 11.8
a1-3/5
Source: Savage
bushel box equivalents bNavel and llamlin
Table 2.--Estimated yield per tree for midseason orange varieties
Age of tree Low Average High Age of tree Low Average iHigh
(boxes) (boxes)
1 0.0 0.0 0.0 29 3.8 6.0 10.7
2 0.0 0.0 0.0 30 3.9 6.0 10.8
3 0.0 0.3 1.1 31 3.9 6.0 11.0
4 0.2 0.7 1.9 32 3.9 6.0 11.0
5 0.5 1.1 2.6 33 3.9 6.0 11.0
6 0.8 1.6 3.2 34 3.9 6.0 11.0
7 1.1 2.0 3.8 35 4.0 6.0 11,0
8 1.4 2.4 4.3 36 4.0 6.0 11.0
9 1.6 2.8 4.8 37 4.0 6.0 11.0
10 1.8 3.1 5.3 38 4.0 6.0 11.0
11 2.1 3.4 5.7 39 4.0 6.0 11.0
12 2.3 3.7 6.1 40 4.0 6.0 11.0
13 2.5 4.1 6.5 41 4.0 6.0 11.0
14 2.7 4.4 6.9 42 4.0 6.0 11.0
15 2.8 4.6 7.2 43 4.0 6.0 11.0
16 3.0 4.8 7.6 44 4.0 6.0 11.0
17 3.1 5.1 7.9 45 4.0 6.0 11.0
18 3.2 5.3 8.2 46 4.0 6.0 0.0
19 3.3 5.4 8.4 47 4.0 6.0 0.0
20 3.4 5.6 8.7 48 4.0 6.0 0.0
21 3.5 5.7 8.9 49 4.0 6.0 0.0
22 3.5 5.8 9.2 50 4.0 6.0 0.0
23 3.6 5.9 9.4 51 4.0 6.0 0.0
24 3.6 6.0 9.7 52 4.0 6.0 0.0
25 3.7 6.0 9.9 53 4.0 6.0 0.0
26 3.7 6.0 10.1 54 4.0 6.0 0.0
27 3.8 6.0 10.3 55 4.0 6.0 0.0
28 3.8 6.0 10.5
l-3/5 bushel box equivalents Source: Savage
bparson Brown and Pineapple
Table 3.--Estimated yielda per tree for late seasonb
Age of tree Low Average H1igh Age of tree Low Average High
(boxes)
0.0
0.0
0.0
0.3
0.5
0.7
0.9
1.1
1.2
1.4
1.5
1.7
1.8
1.9
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.7
2.8
2.9
2.9
3.0
3.0
3.1
0.0
0.0
0.4
0.7
1.0
1.4
1.7
1.9
2.2
2.5
2.7
3.0
3.2
3.4
3.7
3.9
4.1
4.3
4.5
4.6
4.7
4.9
5.0
5.1
5.2
5.2
5.3
5.4
0.0
0.0
0.6
0.9
1.3
1.6
2.0
2.3
2.6
3.0
3.3
3.7
4.0
4.3
4.6
4.9
5.2
5,5
5.8
6.1
6.4
6.7
6.9
7.1
7.4
7.6
7.8
8.0
bValencia
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54,
55
3.1
3.1
3.2
3.2
3.3
3.3
3.3
3.3
3.3
3.4
3.4
3.4
3.4
3.5
3.5
3.5
3.5
3.5
3.5
3.5
3.5
3.5
0.0
0.0
0.0
0.0
0.0
5.4
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5
5.5.
5.5
5.5
5.5
5.5
5.5
5.5
5.5
8.2
8.3
8.5
8.6
8.7
8.8
8.9
8.9
9.0
9.0
9.0
9.0
9.0
9.0
9.0
9.0
9.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
a1-3/5 bushel box equivalents
Source: Savage
oranges
(boxes)
1
2
.3
4
5
6
7
8
9
10
11
12
13
,14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Table 4.--Estimated yielda per tree for Temple oranges
Age of tree Low Average High Age of tree Low Average H1igh
(boxes) (boxes)
1 0.0 0.0 0.0 24 2.7 4.7 6.3
2 0.0 0.0 0.0 25 2.9 4.9 6.5
3 0.0 0.5 1.2 26 3.0 5.0 6.7
4 0.1 0.7 1.5 27 3.1 5.2 6.8
5 0.2 1.0 1.8 28 3.2 5.3 7.0
6 0.4 1.2 2.0 29. 3.3 5.5 7.2
7 0.5 1.4 2.3 30 3.4 5.6 7.3
8 0.7 1.6 2.6 31 3.5 5.8 7.5
9 0.8 1.8 2.8 32 3.6 5.9 7.6
10 0.9' 2.0 3.1 33 3.7 6.0 7.7
11 1.1 2.3 3.3 34' 3.8 6.2 7.8
12 1.2 2.5 3.6 35 3.9 6.3 8.0
13 1.3 .2.7 3.8 36 4.0 6.4 8.1
14 1.5 2.8 4.1 37 4.1 6.5 8.2
15 1.6 3.0 4.3 38 4.2 6.6 8.3
16 1.7 3.2 4.6 39 4.3 6.7 8.3
17 1.8 3.4 4.8 40 4.3 6.8 8.4
18. 2.0 3.6 5.0 41 4.4 6.9 8.5
19 2.1 3.8 5.3 42 4.4 7.0 8.6
20 2.2 4.0 5.5 43 4.4 7.0 8.6
21 2.4 4.2 5.7 44 4.5 7.0 8.6
22 2.5 4.4 5.9 45 4.5 7.0 8.7
23 2.6 4.5 6.1
1-3/5 bushel box equivalents
Source: Savage
Table 5.--Estimated yield a per tree for tangerines
Age of tree Low Average High Age of tree Low Average High
(boxes) (boxes)
1 0.0 0.0 0.0 24 2.4 4.5 7.4
2 0.0 0.0 0.0 25 2.5 4.6 7.6
3 0.0 0.0 1.0 26 2.6 4.7 7.8
4 0.0 0.1 1.3 27 2.7 4.8 -8.1
5 0.0 0.5 1.7 28 2.8 4.9 8.3
6 0.1 0.9 2.0 29 2.9 5.0 8.5
7 0.2 1.2 2.3 30 3.0 5.1 8.8
8 0.4 1.5 2.6 31 3.1 5.1 9.0
9 0.6 1.8 2.9 32 3.1 5.2 9.2
10 0.7 2.1 3.2 33 3.2 5.2 9.4
11 0.9 2.3 3.5 34 3.3 5.3 9.6
12 1.0 2.5 3.8 35 3.3 5.3 9.7
13 1.1 2.8 4.2 36 3.4 5.3 9.9
14 1.3 3.0 4.5 37 3.4 5.4 10.0
15 1.4 3.2 4.8 38 3.4 5.4 10.1
16 1.5 3.4 5.1 39 3.4 5.4 10.2
17 1.7 3.6 5.3 40 3.5 5.5 10.3
18 1.8 3.7 5.6 41 3.5 5.5 10.4
19 1.9 3.9 5.9 42 3.5 5.5 10.5
20 2.0 4.0 6.2 43 3.5 5.5 10.5
21 2.1 4.2 6.5 44 3.5 5.5 10.5
22 2.2 4.3 6.8 45 3.5 5.5 10.5
23 2.3 4.4 7.1
al-3/5bushel box equivalents
0
Source: Savage
Table 6.--Estimated yield per tree for seedy grapefruit
Age of tree Low Average High Age of tree Low Average High
(boxes) (boxes)
1 0.0 0.0 0.0 29 5.2 8.6 12.4
2 0.0 0.0 0.0 30 5.3 8.7 12.6
3 0.0 0.5 1.0 31 5.5 8.8 12.7
4 0.0 1.3 2.0 32 5.6 9.0 12.8
5 0.3 1.9 2.9 33 5.7 9.1 12.9
6 0.6 2.5 3.8 34 5.8 9.2 13.0
7 0.8 3.1 4.6 35 5.9 9.3 13.1
8 1.0 3.5 5.3 36 6.0 9.3 13.1
9 1.3 4.0 6.0 37 6.1 9.4 13.2
10. 1.5 4.4 6.6 38 6.2 9.5 13.3
11 1.7 4.8 7.1 39 6.3 9.6 13.4
12 1.9 5.2 7.6 40 6.3 9.6 .13.4
13 2.2 5.5 8.1 41 6.4 9.7 13.4
14 2.4 5.8 8.5 42 6.4 9.7 13.4
15 2.6 6.1 8.9 43 6.5 9.7 13.4
16 .2.8 6.3 9.3 44 6.5 9.8 13.5
17 3.1 6.6 9.7 45 6.5 9.8 13.5
18 3.3 6.8 10.0 46 6.5 9.9 13.5
19 3.5 7.0 10.3 47 6.5 9.9 13.5
20 3.7 7.2 10.6 48 6.5 9.9 13.5
21 3.9 7.4 10.9 49 6.5 10.0 13.5
22 4.0 7.6 11.2 50 6.5 10.0 13.5
23 4.2 7.8 11.4 51 6.5 10.0 13.5
24 4.4 8.0 11.6 52 6.5 10.0 13.5
25 4.6 8.2 11.8 53 6.5 10.0 13,5
26 4.8 8.3 12.0 54 6.5 10.0 13.5
27 4.9 8.4 12.2 55 6.5 10.0 13.5
28 5.0 8.5 12.3
a1-3/5 bushel box equivalents
Source: Savage
bDuncan
Table 7.--Estimated yield per tree for seedless grapefruit
Age of tree Low Average High Age of tree Low Average High
(boxes) (boxes)
1 0.0 0.0 0.0 24 4.3 7.3 10.3
2 0.0 0.0 0.0 25 4.4 7.4 10.5
3 0.0 0.5 1.0 26 4.5 7.5 10.7
4 0.2 1.1 1.7 27 4.6 7.6 10.9
5 0.5 1.7 2.4 28 4.7 7.7 11.1
6 0.7 2.2 3.0 29 4.8 7.7 11.2
7 1.0 2.7 3.5 30 4.8 7.8 11.4
8 1.2 3.2 4.1 31 4.9 7.8 11.5
9 1.5 3.6 4.7 32 4.9 7.9 11.6
10 1.7 4.0 5.2 33 4.9 7.9 11.7
11 2.0 4.3 5.7 34 5.0 7.9 11.8
12 2.2 4.7 6.1 35 5.0 8.0 11.9
13 2.4 5.0 6.6 36 5.0 8.0 11.9
14 2.6 5.3 7.0 37 5.0 8.0 11.9
15 2.8 5.5 7.4 38 5.0 8.0 12.0
16 3.0 5.7 7.8 39 5.0 8.0 12.0
17 3.2 6.0 8.2 40 5.0 8.0 12.0
18 3.4 6.2 8.6 41 5.0 8.0 12.0
19 3.5 6.4 8.9 42 5.0 8.Q 12.0
20 3.7 6.6 9.2 43 5.0 8.0 12.0
21 3.9 6.8 9.5 44 5.0 8.0 12.0
22 4.0 6.9 9.8 45 5.0 8.0 12.0
23 4.2 7.1 10.0
a -
1-3/5 bushel box equivalents
barsh and Pink
Source: Savage
Table 8. Estimated yield per tree for selected citrus varieties
Age Earlyb and mid- Late seasond Temple oranges Seedy Seedless
of seasonC oranges oranges grapefruit Grapefruit
Tree Low Avg. High Low Avg. High Low Avg. Nigh Low Avg. High Low Avg. High
(boxes) (boxes) (boxes) (boxes) (boxes)
4 0.55 0.68 0.92 0.30 0.68 0.80 0.50 0.70 0.80 1.00 1.26 1.78 1.10 1.44 1.72
5 0.69 0.85 1.15 0.38 0.85 1.00 0.60 0.90 1.00 1.25 1.58 2.23 1.38 1.80 2.15
6 0.83 1.02 1.38 0.46 1.02 1.20 0.70 1.10 1.20 1.50 1.90 2.68 1.66 2.16 2.568
7 0.94 1.26 1.62 0.60 1.18 1.36 0.82 1.22 1.42 1.75 2.21 3.07 2.04 2.55 2.97
8 1.03 1.59 1.86 0.82 1.34 1.64 0.94 1.3-1 1.64 1.97 2.52 3.41 2.53 2.97 3.32
9 1.12 1.92 2.10 1.04 1.50 1.93 1.05 1.45 1.85 2.09 2.83 3.75 3.02 3.39 3.67
10 1.21 2.25 2.34 1.26 1.66 2.22 1.17 1.57 2.07 2.21 3.14 4.09 3.36 3.81 4.08
11 1.30 2.58 2.66 1.48 1.82 2.51 1.29 1.69 2.29 2.33 3.45 4.43 3.52 4.23 4.61
12 1.40 2.90 3.00 1.70 2.00 2.80 1.40 1.80 2.50 2.47 3.75 4.81 3.70 4.64 5.20
13 1.70' 3.07 3.36 1.89 2.17 2.99 1.62 1.95 2.68 2.55 3.91 5.09 3.93 4.90 5.49
14 2.01 3.26 3.72 2.02 2.36 3.18 1.74 2.10 '2.86 2.64 4.10 5.43 4.14 5.14 5.eO
16 2.31 3.45 4.08 2.12 2.55 3.36 1.85 2.25 3.05 2.73 4.29 5.77 4.35 5.38 6.11
14 2.56 3.64 4.44 2.23 2.74 3.55 1.97 2.40 3.23 2.82 4.48 8.11 4.56 5.62 6.42
17 2.80 3.83 4.80 2.34 2.93 3.74 2.24 2.55 3.41 2.91 4.67 6.45 4.77 5.86 6.73
Id 3.04 4.02 5.16 2.44 3.12 3.92 2.20 2.70 3.60 3.00 4.86 6.79 4.08 6.10 7.04
19 3.28 4.21 5.52 2.55 3.31 4.11 2.37 2.97 3.96 3.09 5.05. 7.13 5.19 6.34 7.35
20 3.45 4.37 5.82 2.65 3.47 4.34 2.54 3.24 4.32 3.41 5.36 7.48 5.37 6.55 7.59
21 3.56 4.52 6.05 2.76 3.62 4.61 2.71 3.51 4.67 3.95 5.77 7.68 5.52 6.73 7.77
22 3.67 4.67 6.29 2.87 3.77 4.88 2.88 3.78 5.03 4.49 6.18 7.84 5.67 6.91 7.95
23 3.78 4.82 6.52 2.98 3.92 5.16 3.05 4.05 '5.39 5.03 6.59 8.08 5.82 7.09 8.13
24 3.89 4.97 6.76 3.09 4.07 5.43 3.22 4.32 5.74 5.47 7.00 8.64 .. .5.97 7.27 8.31
25 & over 4.00 5.10 7.00 3.20 4.20 5.70 3.40 4.60 6.10 5.80 7.40 9.20 6.10 7.44 8.50
al-3/5 bushel box equivalents
bNavel and Hamlin
CParaou Brown and Pineapple
d Valencia
eDuncan
fUarab and Pink
Source: Florida Department of Citrus (4)
This publication was produced at a cost of $120.77, or $1.21 per copy, to inform citrus growers, grove managers, grove
owners, investors and appraisers on how to use the software. 10-100-87
COOPERATIVE EXTENSION SERVICE. UNIVERSITY OF FLORIDA, INSTITUTE OF FOOD AND AGRICULTURAL SCIENCES. K.R. TeTertiller. I
director, in cooperation with the United States Department of Agriculture, publishes this Information to further the purpose of the May 8 and
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