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Case Study 2010

The actual names of any farms or farm owners have been redacted for the purposes of this study. All other statements and numbers are factual. In this case study the client exceeded state averages and past results are not directly indicative of your ranch. However, we can provide a similar budget and projection for your land upon request.

revenue-per-acre-ca-avg-3-yr

Revenue per acre is represented by California state average yield per acre and grower price per pound. Expenses, both growing and administrative, are actual and represent a 450 acre ranch near Coalinga, California.

2010 2009 2008
Revenue Assumptions:
State Yield Per Acre 3,810 2,822 2,353
State Avg. Grower Price Per Pound $2.22 $2.04 $2.05
Revenue Per Acre $8,458 $5,757 $4.824
Growing Expenses:
General and Irrigation Labor $84 $87 $76
Fertilizer 149 161 178
Fungicides/Herbicides/Insecticides 178 (1) 102 (1) 133 (1)
Water 385 299 290
Pruning & Hedging 160 201 112
Custom Equipment 286 (2) 382 (2) 382 (2)
Harvesting 455 (3) 276 208
Property Taxes 55 52 52
Management Fee 132 132 130
Total Growing Expenses $1,885 $1,691 $1,562
Gross Profit $6,574 $4,066 $3,261
General & Administrative:
Voluntary Industry Assessments $153 $51 $20
Office Services 25 20 20
All Other 7 9 5
Total General & Administrative $185 $80 $45
Net Income Per Acre $6,389 $3,986 $3,216
  1. Includes 3rd party agronomy fees at $17 p/a
  2. Includes all spray application, discing & mummy removal
  3. Includes 2nd shake for entire ranch
The UC Cooperative Study can be found online here, in its entirety.
The UC Cooperative Study can be found online here, in its entirety.
Averages are from the 2010 Statistic Report from the Administrative Committee for Pistachios.
Averages are from the 2010 Statistic Report from the Administrative Committee for Pistachios.

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