Costs of Storing Reserve Stocks of Corn in Country Elevators, at Bin Sites, and on Farms

William C. Dachtler, Eileen M. McDonald, Richard Phillips and David N. Harrington

No 310109, Marketing Research Reports from United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program

Abstract: Excerpts from the report Summary: This report covers the findings of a study, made in Iowa during 1952 and 1953, of costs of storing reserves of corn at country elevators, at bin sites, and on farms. The objective of this study was to measure and compare the costs of storing corn in alternative locations and types of structures. The problem was one of measuring storage costs in existing plants rather than one of minimizing costs or maximizing storage income within the plants. The data collected included information on volume and costs but not on profits or margins. Consequently, the study provides no basis for a comparison of the marginal productivity of resources allocated to the storage operation or to other departments within the elevator plants studied. It was not designed to do so. Total and average storage costs are assumed to be continuous functions of plant volume which are not constant over the entire volume range. Therefore, this study was directed toward the description of the shape as well as the level of cost curves associated with the storage function.

Keywords: Crop Production/Industries; Marketing; Production Economics; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 72
Date: 1955-06
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uamsmr:310109

DOI: 10.22004/ag.econ.310109

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