Characteristics and Production Costs of U.S. Corn Farms, 1991
William McBride
No 309706, Agricultural Information Bulletins from United States Department of Agriculture, Economic Research Service
Abstract:
The average variable cash cost of producing a bushel of corn was $1.25 for producers surveyed in the 1991 Farm Costs and Returns Survey. Individual farm costs ranged from about $0.40 to more than $8 per bushel. Regional differences in production practices and growing conditions had the greatest influence on production costs. Corn growers in the North Central and Plains regions had a significant cost advantage over producers in the Northeast and Southeast. Dry weather reduced yield and resulted in abnormally high per-bushel costs in the Northeast. Nearly 70 percent of Northeast producers and more than half of Southeast producers were high-cost corn growers in 1991.
Keywords: Crop Production/Industries; Production Economics (search for similar items in EconPapers)
Pages: 20
Date: 1994-01
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersab:309706
DOI: 10.22004/ag.econ.309706
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