Let’s conclude the discussion on profitability in space by comparing a few crop families commonly grown in Eastern Canada. (This discussion began here.)
To make today’s comparisons, I assumed the following:
- Yield estimates are from the low end of our farm yields
- Prices come from discussion at an ECOSGN meeting
- Weights are quantities a small seed company might buy.
- $/g ratio varies with the amount sold. The larger the quantity; the lower the $/g.
- These values are not recommendations but examples.
Profitability in Space ($/bedft) of 4 Crop Families
|Crop||Yields (g/bedft)||Price ($)||Weight (g)||$/g||Profitability
A few comments
- Three crops fall into the $2.5-5/bedft range. They should be profitable on most small farms (providing you have clients to buy them.)
- Beans are lower than the profit range. However, many small seed companies are looking for beans and might buy most of what you can produce. (Contact them before growing a large seed crop on speculation.)
- The profitability in space of these bulk seed formats and prices are comparable to growing many market vegetables.
- Remember, if you can increase your yields, your $/bedft will go up.
This concludes the overview of seed crop profitability in space. The other way I look at crop profitability is profitability in time ($/hr). Next post, we will do a quick overview of that topic.