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Unformatted text preview: gative impact of the
poor housing market on the nursery and greenhouse industry, record net income for Colorado
crops is estimated for 2011. Grain prices were projected to remain firm in 2011, but season average
prices for many crops far exceeded even optimistic
expectations, with wheat, corn, hay, potatoes, and
sunflowers all bringing record average market
prices to Colorado producers. Average annual total
cash receipts for all Colorado crops for the 10-year
period from 1993 through 2002 were $1.3 billion.
The average annual total for the current 10-year
period projects to an eye-opening 48% higher, at
$2 billion (including estimated 2012 numbers).
Modestly higher crop production input costs in
2011 were compensated by even higher revenues
for many producers. Colorado wheat cash receipts are estimated at a
record $572 million for 2011 as producers were
able to market a record 2010 wheat crop at a
record average marketing year price. While production in 2011 declined, overall average yields
were better than many expected, due to timely
rains in northeastern C...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery