Characteristics and Production Costs of U.S. Soybean Farms, 1990

William McBride

No 309670, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service

Abstract: The average variable cost of producing a bushel of soybeans was $2.11 in 1990. Individual farm costs ranged from 50 cents to more than $10 per bushel. Regional differences in production practices and growing conditions influenced production costs. Soybean growers in the North had a significant cost advantage over producers in the South. Variations in acreage and yield were also important in distinguishing among individual farm costs, but were closely related to regional differences.

Keywords: Crop Production/Industries; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Pages: 20
Date: 1992-10
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:309670

DOI: 10.22004/ag.econ.309670

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