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How Costs of Production Vary

Author

Listed:
  • Ahearn, Mary
  • et al. [+8]

Abstract

Excerpts from the report: Costs of producing crops per unit of output vary considerably across farms. The major factors affecting cost levels are yields, input use, and size of farm. Major differences also exist by production region. The 25 percent of farms with the lowest costs account for as much as 50 percent of U.S. production. This report describes the cost of producing corn in 1987, soybeans in 1986, wheat in 1986, cotton in 1987, sorghum in 1986, and rice in 1984. For each of these commodities, we have analyzed the 25 percent of producers with the lowest costs of production ("low-cost producers"), the 25 percent with the highest costs ("high-cost producers"), and the 50 percent in the midrange of costs ("mid-cost producers”).

Suggested Citation

  • Ahearn, Mary & et al. [+8], 1990. "How Costs of Production Vary," Agricultural Information Bulletins 309553, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:309553
    DOI: 10.22004/ag.econ.309553
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    File URL: https://ageconsearch.umn.edu/record/309553/files/aib599.pdf
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    Citations

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    Cited by:

    1. Ahearn, Mary & Culver, David & Schoney, Richard, 1990. "Usefulness And Limitations Of Cop Estimates For Evaluating International Competitiveness: A Comparison Of Canadian And U.S. Wheat," 1990 Annual meeting, August 5-8, Vancouver, Canada 271041, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Unknown, 1998. "Commodity Costs and Returns Estimation Handbook (entire book-condensed file)," Commodity Costs and Returns Estimation Handbook,, Iowa State University.
    3. Ahearn, Mary & Whittaker, Gerald & Glaze, Dargan, 1990. "Cost Distribution And Efficiency Of Corn Production," 1990 Conference, January 6-9, Albuquerque, New Mexico 260175, Regional Research Committe NC-181: Determinants of Farm Size and Structure.
    4. McBride, William D., 1991. "Characteristics and Production Costs of U.S. Soybean Farms, 1986," Agricultural Information Bulletins 309576, United States Department of Agriculture, Economic Research Service.
    5. Ali, Mir B. & Brooks, Nora L. & McElroy, Robert G., 2000. "Characteristics of U.S. Wheat Farming: A Snapshot," Statistical Bulletin 262288, United States Department of Agriculture, Economic Research Service.
    6. Unknown, 1998. "References/Literature Cited," Commodity Costs and Returns Estimation Handbook,, Iowa State University.

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