Assumptions used to identify current costs for individual field operations, material inputs and cash and non-cash overhead are described. A ranging analysis table shows profits over a range of prices and yields. Other tables show the monthly cash costs, the costs and returns per acre, hourly equipment costs, labor costs, and the whole farm annual equipment, investment and business overhead costs. It is very timely because of the current economics of the California rice industry and the deliberations on the new farm bill in Washington. Many lenders, growers, public agencies and others interested in California rice will find it very useful.
Similar reports are available for many California commodities.
Those produced during the last five years are available at the above address and website.