Details for Gross Margins for Selected Fruit, Vegetable and Root Crops for the Sugar Cane Belt in Fiji
| Property | Value |
| Name: | Gross Margins for Selected Fruit, Vegetable and Root Crops for the Sugar Cane Belt in Fiji |
| Description: |
© Secretariat of the Pacific Community (SPC) 2013 |
| Filename: | CROPS for Fiji-gross margin.pdf |
| Filesize: | 2.21 MB |
| Filetype: | pdf (Mime Type: application/pdf) |
| Creator: | Miriamak |
| Created On: | 10/23/2013 11:01 |
| Viewers: | Everybody |
| Maintained by: | Editor |
| Hits: | 9475 Hits |
| Last updated on: | 01/30/2014 13:32 |
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A gross margin is determined by deducting the direct costs of growing a crop from the gross income for a crop. Direct costs include those associated with crop production operations, harvesting and marketing. Gross margins do not include overhead costs such as rates, living costs, insurance, that must be met regardless of whether or not a crop is grown. For this reason gross margins are not a measure of the profit of a particular enterprise. However, they do provide a useful tool in terms of farm budgeting and estimating the likely returns or losses of a particular crop. When estimating whole farm profit it is necessary to consider these overhead costs in addition to enterprise gross margins.