Costs of Operating Selected Feed Mills as Influenced by Volume, Services, and other Factors

V. John Brensike and William R. Askew

No 310039, Marketing Research Reports from United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program

Abstract: Excerpts from the report Introduction: This report is the second in a series of studies of the feed milling industry. Subsequent case study analyses are planned in order to ascertain the influence of managerial decisions, plant design, and so forth. The present report analyzes the costs of operating 126 firms to determine the average per-unit costs for firms of various volumes, to show the influence of some of the major services on these costs, and to show the relative importance of some of the major individual cost items. This has been accomplished by analyzing (1) the total expenses of operating a feed-mixing establishment, (2) the wages and salaries paid for producing the mixed feed, and (3) the physical inputs of production labor used in producing the mixed feeds. The term "total expenses," as used in this report, applies to the costs of operating feed-mixing establishments, including the costs incurred in purchasing, handling, warehousing, mixing, and selling. Ingredient costs, cost of freight in and out, and the costs for bags or other containers and tags were not considered.

Keywords: Labor and Human Capital; Livestock Production/Industries; Production Economics (search for similar items in EconPapers)
Pages: 58
Date: 1955-02
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uamsmr:310039

DOI: 10.22004/ag.econ.310039

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