The economic feasibility of small scale processing of peanuts with specialty attributes in Georgia
Black, Gary Ward
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Georgia leads the nation in the production of peanuts, but a lack of certified organic processing infrastructure is one limitation for organic peanut production in the state. Organic peanuts could be processed inside a facility constructed on a farm. A consumer survey of 208 Georgia peanut consumers was conducted to determine the willingness to pay on three peanut products with certified organic, locally grown, and produced and processed by a small farm attributes. The economic feasibility is determined for an on-farm processing facility for organic peanuts for three products: (1) a shelled, roasted, and blanched product, (2) a shelled, oil-roasted, and flavored product, and (3) an inshell and roasted product. The estimated per pound breakeven costs for the three products a proposed facility were $2.54, $3.46, and $1.16 for the three products, respectively.