Economic evaluation of organic rabbiteye blueberry production in south Georgia
Plattner, Kristy Jean
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The research provides agronomic and economic production information on organic blueberry. The profitability of organic rabbiteye blueberry production in Georgia was investigated to determine which of four distinct production technologies were most economically efficient. Enterprise budgets were utilized to determine cost, revenues and net returns of pine bark, pine straw, ground cover and non-mulched organic mulch production methods over a seven year period. Enterprise budget data was utilized to develop second-degree stochastic dominance analysis aimed at determining risk-rated economic efficient preferred system. The analysis ranked each method by most to least preferred alternative after comparing net returns, yields and revenues. The results depict that under low risk aversion, pine bark was the most preferred production system for net returns. A sensitivity analysis was generated to determine net returns behavior vis-à-vis percentage change in price and yield.