Profitability for broccoli growing farm using risk analysis
2020
Kameyama, H. | Umemoto, K.
In recent years, broccoli cultivation is currently treand in Kagawa. It has the longer copping period with several types and has stable demand throughout the year. It became more and more popular for the scale economy oriented farmers and for the farmers with an effort after retirement as well. Price and production per unit area in October and November are defied as inputs (with probability distribution function, and management costs). Then as output, income caliculated with monte carlo simulation. The results suggest that despite the higher profitability expectation, the probability to achieve the income more than 100,000 yen is 5%. This paper proposed the simple simulation model. Adding more information based on the field survey, this model has more validation.
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