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Greenhouse-grown colored peppers: a profitable alternative for vegetable production in Florida?

The increase in U.S. demand for colored bell peppers (Capsicum annuum) has been satisfied with increased supplies from imports and increased domestic production. Greenhouse-grown peppers of red, orange, and yellow colors were imported during the period 1993-2002 at wholesale fruit market prices that...

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Published in:HortTechnology (Alexandria, Va.) Va.), 2005, Vol.15 (2), p.355-369
Main Authors: Jovicich, E, VanSickle, J.J, Cantliffe, D.J, Stoffella, P.J
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VanSickle, J.J
Cantliffe, D.J
Stoffella, P.J
description The increase in U.S. demand for colored bell peppers (Capsicum annuum) has been satisfied with increased supplies from imports and increased domestic production. Greenhouse-grown peppers of red, orange, and yellow colors were imported during the period 1993-2002 at wholesale fruit market prices that were three to five times greater than field-grown fruits. With high market prices and a suitable environment for growing colored peppers under inexpensive greenhouse structures [
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For a fruit yield of 13 kg.m(-2) (2.7 lb/ft2), the total cost of production was $41.09/m2 ($3.82/ft2), the estimated return was $17.89/m2 ($1.66/ft2), and the return over investment was 17.1%. A sensitivity analysis indicated that fruit yields should be greater than 7.8 kg.m(-2) (1.60 lb/ft2) in order to generate positive returns based on a season average wholesale fruit price of $5.29/kg ($2.40/lb). For this price, a range of possible fruit yields [5-17 kg.m(-2) (1.0-3.5 lb/ft2)] led to returns ranging from -$9.52 to 30.84/m2 (-$0.88 to 2.87/ft2), respectively. 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For a fruit yield of 13 kg.m(-2) (2.7 lb/ft2), the total cost of production was $41.09/m2 ($3.82/ft2), the estimated return was $17.89/m2 ($1.66/ft2), and the return over investment was 17.1%. A sensitivity analysis indicated that fruit yields should be greater than 7.8 kg.m(-2) (1.60 lb/ft2) in order to generate positive returns based on a season average wholesale fruit price of $5.29/kg ($2.40/lb). For this price, a range of possible fruit yields [5-17 kg.m(-2) (1.0-3.5 lb/ft2)] led to returns ranging from -$9.52 to 30.84/m2 (-$0.88 to 2.87/ft2), respectively. The estimates indicate that production of greenhouse-grown peppers could represent a viable vegetable production alternative for Florida growers.</abstract><doi>10.21273/horttech.15.2.0355</doi><tpages>15</tpages><oa>free_for_read</oa></addata></record>
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subjects Capsicum annuum
costs and returns
crop prices
crop production
crop yield
economic analysis
greenhouse production
profitability
soilless culture
sweet peppers
vegetable crops
title Greenhouse-grown colored peppers: a profitable alternative for vegetable production in Florida?
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