Setting a price for your food product is a challenging but
essential part of your marketing plan.
The Essentials of Pricing
Alberta Agriculture, Trade and Rural Development
To set the best price for your product you need to determine the
cost of production, develop and cost a marketing plan, plan and
cost a distribution strategy, identify the competition and their
price and know your customer.
4 pages 668kb PDF // from
Alberta Agriculture and Rural
Development
Methods to Price Your Product
Alberta Agriculture, Food and Rural Development
There are three main methods to price your product: cost based
pricing, competition based pricing and customer based pricing.
Before you select a pricing method, be sure you understand the
range of options available and their disadvantages and advantages.
You may want to blend several pricing methods to suit your business
and the type of products you sell.
6 pages 680kb PDF // from
Alberta Agriculture and Rural
Development
Smart Pricing Strategies
Cornell University, Department of Applied Economics and Management
(AEM)
One example of the type of marketing articles published in
Cornell’s Smart Marketing Newsletters.
5 pages 24kb PDF // from
Cornell's Hortmgt Program
Smart
Marketing Newsletters 1998 – 2007 Index
Cornell University, AEM and Horticultural Business Management and
Marketing Program
Monthly marketing newsletters from Cornell that review the elements
critical to successful marketing in the food and agricultural
industry.
Smart Marketing Newsletters // from
Cornell's Hortmgt Program
Collecting
Money From Your Customers (Invoicing)
Farm and Garden
How one market gardener handles invoicing and
collection.
Collecting Money from your Customers
// Farm and Garden website
Developing a Wholesale Marketing Strategy for Produce in the
Mid-Atlantic Region
University of Maryland
For a more detailed discussion of items to include on an invoice
look at pages 24-25.
4.1 MB PDF // from
the U. of M. College of Agriculture and Natural
Resources
Pricing section in Marketing Local Food
Minnesota Institute for Sustainable Agriculture
This excellent publication introduces the basics of different
marketing systems, suggests resources and includes profiles of
farmers who are selling farm products directly to consumers via
farmers' markets, roadside stands, CSAs, on-farm stores; provides
information and profiles about selling indirectly via retail food
establishments or food services
Covers value based pricing, price based on cost, retail prices and
wholesale market prices on pages 95-98.
Marketing Local Food // from
MISA.umn.edu
An enterprise
budget is a detailed
calculation that takes into account all of the expenses that you
will have to produce a product, and provides an estimate of how
much profit to expect per unit of product you produce. Enterprise
budgeting can help you identify areas where you need to look for
ways to cut costs, and can help you decide what volume you need to
produce in order to reach the income level that you want from the
enterprise.
Iowa Vegetable Production Budgets
Iowa State University Extension
This publication contains enterprise budget templates for 14 fruit
or vegetable crops commonly grown for markets.
19 pages 656 kb PDF // from
Iowa State Extension
Enterprise
Budgets
– Planning for Profit
Ministry of Agriculture and Lands, Government of British
Columbia
This website links to a variety of enterprise budgets based on
Canadian data; fruits, vegetables, herbs, livestock, bees, poultry,
value-added processing; small farm and organic
options.
Planning for Profit // from
AGF.gov.bc.ca
Enterprise
Budgets Help Farmers Plan for Profits
Center for Integrated Agricultural Systems (CIAS) University of
Wisconsin
This website links to interactive budget templates for pastured
poultry, dairy sheep, dairy goat, and specialty
foods.
Help Farmers Plan for Profits // from
UW-Madison CIAS
Ohio
Enterprise Budgets
The Ohio State University
Links to budgets for a variety of enterprises including fruits,
vegetables, livestock, Christmas trees, aquaculture,
equine.
Ohio Enterprise Budgets // from
AEDE.osu.edu
Crop
Rotational Budgets for Three Cropping Systems in the Northeastern
United States
Rutgers University
This website links to enterprise budgets for a variety of field
crops, vegetables, fruits and vegetables under conventional,
integrated cropping systems, or organic
managements.
Crop Rotational Budgets // from
Rutgers University