COSTS OF PRODUCING SUGAR BEETS 25 TABLE 10.—Weighted average costs of production and returns to growers from the sale of sugar beets SUMMARY FOR THE UNITED STATES AND ANALYSIS BY STATES, 1921, 1922, AND 1923 [Per pound of sugar extracted from the sugar beets] Amount by which the returns to growers rom the sale of sugar beets exceed? the costs of production of sugar beets ? Average costs! Sugar sxtracted yer ton of eets paid or by the ‘actories ¢ Average ‘eturns to growers from the sale of wear beets State and year No allow- ance made for land ‘ental and interest on other rapital 8 Allowance made for and rental and inter- estat 6 per cent on other ~apital ¢ No allow- ance made for land ‘ental and interest on other capital & Allowance made for and rental ind inter- est at 6 per cent on other capital ¢ United States: 3-year average. ........ 1921... 19% 192 Michigan: 3-Vear average. om ceeeen. .._ 921... i 1922 eevee 1923_. _. Pounds 263. 9 268.1 263. 2 259. 6 Cents 2.35 2.41 2.26 2.34 Cents 2.85 2.97 2.78 2.77 Cents 2.92 2.34 3.04 3. 50 Cents 0. 57 ~.07 .78 1. 16 Cenis 0.07 -. 63 .26 .73 29.7 215. 5 229. 4 48 6 3. 10 3. 39 2.79 3.01 3. 61 3. 97 3. 28 3. 46 3.25 2.80 3.15 3.82 . 15 -, 59 . 36 .81 —.36 -1.17 ~.13 . 38 Ohio: 3-year average. ..oceceeen-- 1921... 197... 1925. Nebraska: 3-vear average...... 1921. aaa 1922... 1923. Colorado: 3-vear average. _...... 1921. Loo 1927. _. 1923. 210. 1 205.1 232.1 01. 2 2.91 3.16 2. 43 3. 05 3.47 3.81 2. 94 3. 59 3.66 2.92 2.96 4.62 . {3 -.24 .83 1.57 .19 -.89 .02 L.03 152.2 274. 5 248.0 230. 0 2.08 2.07 1.78 44 [a y -- i 2.99 2.40 3.23 3. 56 91 .33 1.45 1.12 .45 -. 18 1.06 .63 1 Wn 256.0 261. C > 85 ‘4 59 29 32 4 .09 -. 19 .04 .49 Utah: 3-vear average_.. 1921... 1922___ 19% -—.05 -1.01 .38 67 .19 -.72 . 58 -68 1 When composite figures appear as in the 3-year average for each State and in the figures for the United States, where the data for the States investigated are combined, the acres of sugar beets harvested are 1sed as weights, ' A minus sign (—) before a figure indicates that costs exceeded returns by the amount indicated. } See pp. 8 to 14 for explanation of methods of determining costs. } ! The basic data from which the pounds of sugar extracted from a ton of beets were obtained were fur- nished by the U. S. Department of Agriculture, Sugar extraction from beet roots depends upon the sugar content, the coefficient of purity, the general condition of the beet roots when sliced, the extraction and refining processes used, and the efficiency of the mills, These data are restricted to those beets for which costs were obtained in this investigation, and therefore are not necessarily the same as the data published by the Department of Agriculture or those published in ‘‘ Concerning Sugar,” which are aver- ages for all beets sliced by all the factories located in the respective States. . * Land rental and other capital charges, paid and unpaid, are excluded from this cost. For the United States as a whole cash rental was actually paid on 5.4 per cent of the acreage harvested and share rental on 41.7 per cent. On a large percentage of farms, interest, amounting to 20 cents per acre, or about 1.8 cents per ton, was actually paid on cash advances made by the factories to the farmers for the payment of contract labor. Many of these farms are mortgaged, and interest is actually paid on these farm mort- gages at rates varying from 5 to 9 per cent and averaging 7.14 per cent. In order to put the data for all farms on a comparable basis and simplify tabulations, however, all farms were treated as owned by the operators, and taxes and overhead costs on this rented acreage were included as general costs. and all capital charges, whether paid or unpaid, were segregated. . 8 The capital charges included here are for all capital embloved in surar-beet production. DR 04—O