Abstract

Abstract A hydroponic nutrient film (NF) system was compared with soil for the production of five cut chrysanthemum crops in a commercial greenhouse. Crops of the cultivars Polaris; Blue, White and Florida Marble; Icecap; Chardonnay; and Heirloom matured 5 days earlier, on average, in NF than in soil. Yields of flowering stems were similar in each system, but close spacing increased productivity per unit greenhouse area for NF. Costs and returns for installation and operation of soil and NF systems in a 1-ha greenhouse were analyzed based on data obtained from the trial crops. Capital and operating costs per unit area increased for NF, but productivity and returns were also greatly improved. Internal rates of return (IRR) were higher for NF, compared to soil, over economic lifetimes ranging from 5 to 25 years. Product price variations caused similar changes in IRR for both systems. A 20% downturn in price, however, resulted in IRR of 3.5% and 19.4% for soil and NF, respectively, over a 25-year lifetime.

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