COSTS OF PRODUCING SUGAR BEETS 41 TABLE 15.—Weighted average costs of production, @nd returns to growers from the sale of sugar beets SUMMARY FOR UNITED STATES AND ANALYSIS BY STATES, 1921, 1922, AND 1923 [Per ton of sugar-beets harvested] Amount by which the returns to growers rom the sale of sugar heets exceed 2 the costs of production of sugar heats 3 Average costs 1 Average -eturns to growers from the sale of sugar beets Jtate and year No allow- Allowance ance made | made for for land land rental ental and and interes nterest on at 6 per other ' cent on capitals | other capital No allow- ance made for land rental and interest on ! other capital ¢ Allowance made for iand rental ind interest at 6 per cent on other capital Per ton $0.17 —1.68 . 69 1.91 ‘Jnited States: B-VOAr AVOLARE.. cou armsnsmppamumns wwe 1921... PT 1922_. as 1923 Per ton %6. 21 6.45 5.96 6.07 Per ton $7.53 7.95 7.32 7.18 Per ton $7.70 6. 27 8.01 9.09 Per ton $1.49 —-. 18 2.05 3.02 Michigan: 3-VRAT BVOTARR.. covnranr mre as ss nnn mann 1921. _...- owe mi rom HR RA 1922....... [ES 1923... Ohio: 3-VOAT SVETAED. ou vnm un sms ms in mi wie 1921... Hm RG Sm AH 1922... ee memaman 1923.__. - Nebraska: B3-Y0AT BYBIBED. . oodiv wows wspmnibmws vse JOE. oc oi mi i im si RR 1922. ee eee emeeceaeae 1923... —- Colorado: 3-vear average... oc. occea-- a VRID. «cece SR 0 m0 0 0 1922 ie cccccceacas 192° eee 7.13 7.30 b. 40 7 49 8. 30 B. 56 7.52 3.60 7.46 6.04 7.22 9.50 .33 -1. 26 . 82 2 01 —. 84 2. 51 -.30 . 90 6. 11 5. 48 5. 64 2.13 7.30 1.82 6. 82 1.22 7.69 6. 00 6. 87 9 20 1.58 —.48 1.23 3.16 | .39 ~1.82 .05 2.07 5. 25 5. 69 . 42 5. 62 5. 40 7.03 3.39 8.73 1.55 6. 60 B. 01 R.19 2.30 .91 3.59 2 57 1.18 —. 43 2.632 1. 46 3.79 5. 60 5.15 R73 7.06 5. 89 7.62 B. 85 | 1.30 6.36 7.71 R OR 1.51 .76 1. 56 2.35 HA —. 53 .09 1.2% Utah: B-venr average. ... ..--cecssnenememume. 1921...... RR 1922_..... mcm iwi HP msn 1923 __.... meena 8. 01 B. 53 B. 82 5.61 7.34 B.16 | 7.21 [ 8. 58 7.20 | 5. 50 8.18 | R 27 1.19 ~-1.03 2.36 2 66 -—. 14 —~2 60 .97 1. 60 [daho: 3-year average... __.__.______. _.. 1921... 1922...... 1923... #yoming: FYCHL AVOIARD., « ne mens pens sm mms mmm 02 cecum A RR 922... fms 1923... Montana: 3-year average... .cccccaccmcacan- 92 cannes A 922... 1923... California: -vear average... ceo coceca.. 02 nmr ER RRR ST in em i 1923 5. 91 5. 74 3. 44 R4 7.08 8.31 L583 345 7.64 5.00 3.37 R48 1.73 ~. 74 2.93 2.904 { ol 131 1. 84 2 08 { 3. 22 3. 72 5.70 X27 7.09 “76 4 05 7.21 r 90 99 44 86 91 0 .1% =1.48 .03 1.13 1.76 -. 30 1.41 3. 67 Ls) na 11 A 40 | When composite figures appear as in the 3-year average for each State and in the figures for the United tates, where the data for the States investigated are combined, the total tons of sugar beets harvested are 1sed as weights. 3 A minus sign (—) before a figure indicates that costs exceed returns by that amount. i See pp. 33-38 for explanation of method of determining costs. ¢ 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 planted and share rental on 11.7 per cent. On a large percentage of the 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 mortgages 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 compar- able basis and simplify tabluations, 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 and treated separately. "ANTI 9C _