Financial Analysis of Water Management Practices in Cranberry Production in Quebec, Canada

At a global scale, Canada is the second largest cranberry producer, with Quebec being producing region within Canada. Efficient water use in agricultural production has long been topic of outmost importance to producers, and governing bodies. The immediacy climate change effects sped up need find solutions that conserve water. One such promising technology irrigation using real-time tensiometers, which provides rapidly critical needs information producers. Adoption improved technologies by farmers dependent on effect it farms’ bottom line. In this study, we examine financial performance tensiometer based irrigation, compare evaporation (baseline), context Quebec-based farm. Our findings show irrigating tensiometers generated higher economic returns. With net present value $96,847, increased returns nearly 53% compared baseline technology. Subsequent sensitivity analyses confirmed robustness these findings, even when changing important farming parameters.