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Tag Archives: cost of production
Considerations for Lowering the Cost of Production in Ginseng
There are two ways to increase revenues for any crop or product: increase prices or lower the cost of production. If we assume that price is outside of the grower’s control (which is not entirely accurate), then cutting costs can … Continue reading
Posted in Ginseng, Ginseng Other, Ginseng Pest Management, Ginseng Production
Tagged cost of production, Ginseng, labour, revenue
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Enterprise Budgets for Small Scale Hop Production
New enterprise budgets (cost of production/COP) for small scale hop production at 5 acres, 10 acres, and 20 acres are now available on the Hop Growers of America Website. The resources developed by Michigan State University and the University of … Continue reading
Posted in Hops, Uncategorized
Tagged cost of production, Enterprise Budgets, Hops, Marketing
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New MSU Hops Cost of Production Bulletin
Ontario hop growers may be interested in a new Hops Cost of Production bulletin developed by Michigan State University Extension. Hop production in Michigan, as in other states and provinces surrounding the Great Lakes, has increased in recent years to … Continue reading
New Ginseng Cost of Production Figures
Up to date cost of production figures for ginseng are now available in the updated factsheet “Cost of Production of Ginseng in Ontario”. The figures are based on a discussion with the board of the Ontario Ginseng Growers Association. They … Continue reading
So You Want to Grow Ginseng? Considerations and Cautions
Ginseng has been grown commercially in Ontario for over 100 years. Acreage expanded rapidly in the 1980’s and 1990’s with many growers transitioning out of tobacco. The annual farm gate value of the ginseng industry in 2015 was estimated to … Continue reading
Posted in Ginseng, Ginseng Other, Ginseng Pest Management, Ginseng Production
Tagged cost of production, Diseases, Ginseng
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