The Profitability of myFarm Plants/Trees
I have been doing a lot of thinking as to the value of purchasing plants/trees on my own for my farm instead of waiting for friends to give them to me as gifts. This led, inevitability, to wondering how profitable each type of plant/tree really was, so I decided to do a little calculating to find out.
I started with the basic knowledge of how much a plant/tree costs, how much a harvest is worth, and the fact that an initial harvest is six days after planting followed by a potential harvest every three days thereafter. The formula for calculating the break-even days for any given plant/tree is fairly simple – take the cost to buy and subtract the harvest price to give you a starting point six days out, and then divide this by the harvest price to get the number of harvests to break even. This number should be multiplied by three (the days per harvest) to give you the number of days (plus our initial value of six) needed to break even on the plant. Simple enough, right? To see this in action:
Apple trees cost $500 to buy, and have a harvest price of $58, so 6 + (((500 – 58) / 74) * 3) = 28.9 – basically 29 days to break even with the purchase of an apple tree. It becomes profitably at the next harvest (one day later), so round up to the next multiple of three to get the days to profitability. In this case, the days to profitability of an apple tree are 30 (given that you cannot harvest a tree early.)
Since I like tables and graphs, here is a table with the calculated days to profit for each of the available plant/tree types in myFarm. Note that Christmas trees become profitable on their first harvest (after six days) simply because you cannot purchase them as they are always gifts.
|Plant||Cost to Buy||Harvest Price||Days to Profit||Calculation|
|Christmas Tree||n/a||$220.00||6||* profit at first harvest|
|Orange Tree||$500.00||$74.00||23.3 (24)||(((500 – 74) / 74) * 3) + 6|
|Pear Tree||$500.00||$68.00||25.1 (27)||(((500 – 68) / 68) * 3) + 6|
|Plum Tree||$650.00||$86.00||25.7 (27)||(((650 – 86) / 86) * 3) + 6|
|Banana Tree||$550.00||$69.00||26.9 (27)||(((550 – 69) / 69) * 3) + 6|
|Apple Tree||$500.00||$58.00||28.9 (30)||(((500 – 58) / 58) * 3) + 6|
|Peach Tree||$700.00||$82.00||28.9 (30)||(((700 – 82) / 82) * 3) + 6|
|Cherry Tree||$800.00||$84.00||31.6 (33)||(((800 – 84) / 84) * 3) + 6|
|Mango Tree||$900.00||$77.00||38.1 (39)||(((900 – 77) / 77) * 3) + 6|
|Coconut Tree||$1,100.00||$88.00||40.5 (42)||(((1100 – 88) / 88) * 3) + 6|
This is a good table of data, but what is more important to long-term growth of your myFarm income is what plants are good to invest in. Remember, this is strictly speaking in terms of purchasing the plants/trees yourself; if the tree is a gift, refer to my plant/tree table in my previous post on myFarm. Ironically enough, after one year of harvesting from planting, the value of the plants/trees almost follows my original table of worth. For one year, in order from greatest value to least, are Plum, Coconut, Cherry, Peach, Orange, Mango, Banana, Pear, and Apple. The differences are the Plum and Coconut tree is reversed as is the Orange and Mango. If you kept the plants/trees for longer periods of time, this sorts itself out.
This final table shows the worth of trees at different intervals to the first year. This should help you determine the profitability of a plant/tree for shorter-term interests.
|Plant||First 100 Days||Harvest Net||First 200 Days||Harvest Net||1 Year||Harvest Net|
|Pear Tree||25||$1,700.00||58||$3,944.00||113||$7,684.00||Apple Tree||24||$1,392.00||57||$3,306.00||112||$6,496.00|
After all this, I think I will stick with hoping my friends send me plants/trees as gifts.