Idaho

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Monograph

Identifikator:: 1795100052

URN:: urn:nbn:de:zbw-retromon-179691

Document type:: Monograph

Title:: Idaho

Edition:: [Rev. ed.]

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: VII, 80 S

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Report on the farmers' costs of production of sugar beets in Idaho for the years of 1921. 1922, and 1923

Collection:: Economics Books

14 COSTS OF PRODUCING SUGAR BEETS beet crop. If two teams, valued at $400, were used in the produc- tion of sugar beets for only one-half of the total time that they were employed on the farm during the year, the remainder of the time being used on other farm crops, only one-half of the total cost of maintaining the horses was charged to sugar beets, and consequently only $200, or one-half of the total value of the two teams, was allo~ cated to sugar-beet production. Preliminary tabulations of cost data in the possession of the com- mission show that the advances made by the beet-sugar manufactur- ing companies to the sugar-beet growers for the payment of con- tract labor averaged $10 an acre and ran on the average for a period of four months. This is equal in capital value to $3.33 an acre for a year, which at 6 per cent interest amounts to 20 cents per acre, or 1.8 cents per ton, of sugar beets. Since over 80 per cent of the handwork of blocking, thinning, and hoeing required in the cultivation of the sugar-beet crop is done by contract laborers paid by the acre, and a large percentage of the growers of sugar beets pay to the beet-sugar companies interest on these advances from the time each operation is completed until the beets are harvested in the fall (when the amount of the loan plus the interest is deducted from the farmers’ beet checks), and since this is an actual out-of-pocket expense to a large percentage of the growers, this $3.33 per acre is shown as a part of the capital employed in the production of beets. Prices. Prices of sugar beets are the weighted average prices received by farmers for their beets, whether unloaded at the sugar factory or at the railroad spur or loading station. The returns per acre were ob- tained by multiplying the price per ton of beets by the number of tons harvested and dividing the product by the number of acres of sugar beets harvested.

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