Determining Dollar Value
- Subject: [cg] Determining Dollar Value
- From: K* W*
- Date: Mon, 06 May 2002 10:28:16 -0700
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In order to determine dollar amounts of land, I have used
a formula from the USDA which roughly gives a value to cultivated land.
This formula converts garden area, length of growing season, quality of produce
and distance between rows into the dollar value of production. You may
want ot look around for other models as well which take other specific variables
into account.
Dollar value of Production=Area (sq. ft.) x crop intensity
(distance between rows)* x crop quality** x length of season***
*Less than 1 ft.=1.2; 1 ft to less than 2 ft.=1.0
**Good=.7; fair=.4
***200 or more days=1.2; less than
200=1
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