Elderberries ripening in northern Vermont

With its white flowers in the late spring, dark berries in summer, tolerance for a variety of conditions, and anti-oxidant and anti-viral properties, elderberry is enjoying a surge of interest.

Because elderberry is relatively easy to cultivate, and can tolerate short-term flooding and the variable precipitation predicted with climate change, it may represent a good crop for farmers and landowners for diversifying income. However, as a perennial crop that takes at least three years to get established, interested growers need good information to evaluate the prospective return on investment for their enterprise.  That is where this project came in.

Are elderberries the right enterprise for your farm?

Are elderberries right for your farm?

We have created an File Elderberry Financial Decision Support Tool (Excel file download) to help growers decide if an Elderberry Enterprise makes sense for them.

The UVM Elderberry Enterprise Financial Decision Tool is a spreadsheet in Excel (© Microsoft Corporation) designed to assist with evaluating the financial implications of establishment and management of elderberry. This model allows you to input your number of bushes planted, yield per bush, and income and expenses related to establishment, management, harvesting and marketing to determine your potential economic return for your given scenario.

The Elderberry Enterprise Financial Analysis tab has been formatted to provide a printable cash flow projection including a capital cost (establishment) budget that can be used as part of your business plan.

 

Interested in knowing more about the Center's work or do you have a question we haven't answered here?  Contact us via email  or  802-656-5459 and we'll do our best to help.