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Size of Soybean Oil Mills and Returns to Growers

Author

Listed:
  • Brewster, John M.
  • Mitchell, Julia A.
  • Clark, Stanley P.

Abstract

Excerpts from the report Summary: This study determines the way in which change in the size of solvent soybean oil mills under typical operating conditions is related to corresponding change in total cost and total revenue per bushel of beans processed. The study then compares the efficiencies of different-size mills as measured by net revenue per bushel of beans and per dollar of investment. The net returns per dollar of investment are then used in determining to what extent, if any, farmers might be benefited, in the form of higher prices for their soybeans, from industrywide changes in the sizes of soybean oil mills. The study also seeks to determine the approximate point in the range of mill sizes at which solvent mills come to earn more net revenue per bushel of beans and per dollar of investment than screw-press mills. A subsidiary objective of the study was to determine the approximate point in the range of mill sizes at which solvent mills come to gain a competitive advantage over screw-press mills.

Suggested Citation

  • Brewster, John M. & Mitchell, Julia A. & Clark, Stanley P., 1956. "Size of Soybean Oil Mills and Returns to Growers," Marketing Research Reports 310545, United States Department of Agriculture, Agricultural Marketing Service, Transportation and Marketing Program.
    • Handle: RePEc:ags:uamsmr:310545
    DOI: 10.22004/ag.econ.310545
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    File URL: https://ageconsearch.umn.edu/record/310545/files/mrr121.pdf
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    Citations

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    Cited by:

    1. Schaub, James & McArthur, W..C. & Hacklander, Duane & Glauber, Joseph & Leath, Mack & Doty, Harry, 1988. "The U.S. Soybean Industry," Agricultural Economic Reports 305423, United States Department of Agriculture, Economic Research Service.
    2. Helgeson, Delmer L. & Cobia, David W. & Coon, Randal C. & Hardie, Wallace C. & Schaffner, LeRoy W. & Scott, Donald F., 1977. "The Economic Feasibility of Establishing Oil Sunflower Processing Plants in North Dakota," AE Series 231465, North Dakota State University, Department of Agribusiness and Applied Economics.
    3. Schaffner, LeRoy W. & Helgeson, Delmer L., 1985. "An Economic Analysis of Intermediate-Sized Sunflower Processing Plants," Agricultural Economics Reports 23219, North Dakota State University, Department of Agribusiness and Applied Economics.
    4. repec:ags:nddaes:231463 is not listed on IDEAS
    5. Delvo, Herman W. & Anderson, Dale O., 1969. "Herbicide Use in Selected Counties, North Dakota, Minnesota, and South Dakota: 1964 and 1966," AE Series 242356, North Dakota State University, Department of Agribusiness and Applied Economics.

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