By determining the revenue (sales) and subtracting the expenses (costs), I can calculate my farm's net income that accumulates over time.
After 25 years, I accumulated $77.6 million net income selling strawberry trays at $24/tray in my bank.
The default values used in this model are based off of the data from UC Davis Department of Agricultural and Resource Economics (2024). Values were converted into Canadian Funds.
This model assumes that all variables do not change over time (for example: inflation is not accounted for).
