University of Guam study aims to determine cost of farming on Guam

A new study by the University of Guam is underway to determine the cost of crop production on Guam, thanks to a $565,000 grant from the U.S. Department of Agriculture.

Researchers with UOG Land Grant say this is the first time in more than 30 years that comprehensive data will be collected on what it costs small-scale farmers to grow crops on island. The study, which runs through 2027, will develop cost-of-production budgets for 15 of Guam's most common crops.

Agricultural Economist Kuan-Ju Chen says many farmers currently do not know their true production costs, making it difficult to price their products and compete with imported goods.

Researchers have already completed initial studies on crops like cucumbers, eggplants, hot peppers, and tomatoes, collecting data on labor, materials, yield, and income. The final budgets will help farmers better plan operations, predict yields, and set prices to break even or make a profit.

Officials say the study will also help federal agencies determine farm support payments and loans. Farmers are now being encouraged to participate in the study, with compensation offered for those who provide data on select crops.