Greenhouses are experiencing strong growth in demand

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Unformatted text preview: for fruit trees as existing homeowners invest in productive landscaping improvements. Cash receipts for this sector are estimated at $255 million in 2011 and are projected to remain at that level in 2012. With four years of decline beginning in 2006 and a weak housing market, the stability of the past two years may be reason for optimism. This sector continues to be under-recognized for its contribution to the Colorado agricultural economy. Volatile energy and fertilizer markets, as well as prices, will continue to be “wild cards” for Colorado’s agricultural economy, which will challenge business planning, risk management, and economic forecasting. Colorado’s Agriculture Sector is among the most diverse in the nation, and Colorado farmers and ranchers have proven to be quite resilient and innovative. Many farmers and ranchers continue diversifying operations and seeking additional sources of revenue to strengthen their businesses. Agritourism continues to expand in the state, with producers inviting the public onto their lands to experience pu...
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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.

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