24 " COSTS OF PRODUCING SUGAR BEETS
TABLE 9.—Wetghted 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 ton of sugar beets harvested]
Amount by which the
returns to grower
{rom the sale of sugar
beets exceed? the
cost of production of
sugar beets?
Average costs!
Average
~eturns to
growers
rom the
sale of
sugar beets
State and year
No allow- + Allowance
ance made | Rade for
for land | land rental |
rental and and interest!
nterest on at 6 per
other eent on
capital | other
capital §
No allow- Allowance
mce made made for
for lana land rental
ental and and interest
nterest on | at 6 per
other cent on
capital 4 other
capital §
United States:
3-year average... eee cncancnccencacan
1921, cane ——
199° mmemmmmcececwmem————ia
1¢° emma c—n-
Michigan:
3-year average. oo e-cooocceeccccaeea-
1! 7.1 SO,
1020. smi mmm ———————
1922
$6. 21
6. 45
5. 96
6.07
7, 52
7.9¢
7.32
7.18
$7.70
6. 27
8.01
9.09
$1.49
-. 18
2.05
3.02
$0.17
—1.68
.69
1.91
—. 84
-2.51
—.30
.90
.39
-1.82
. 05
2.07
1.15
—. 43
2.62
1.46
7.13
7.30
6. 40
7. 49
8. 30
8. 55
7.52
60
7.46
6. 04
7.22
9. 50
.33
-1.26
.82
2.01
Ohio:
3-year average. .. ccm mma
1921... m———
1922 Ci mee.
1923...
Nebraska:
8-year average. occa.
1921 eee
1922... .. .
1923._.. -.
Colorado:
3-yearaverage... oon.
Niecy SS i wR
OZ. commer nm ——————
1923 cee ececac——a
5. 11
5. 48
5. 64
B. 13
7.30
7.82
"82
29
7.69
6. 00
6. 87
9. 20
1.58
-. 48
1.23
3.16
5. 25
5. 69
1 42
R. 62
6. 40
7. 03
5. 39
B. 73
7.55
6. 60
8. 01
Q. 10
2.30
.91
3.59
2. 57
5.79
5. 60
3. 156
h.73
7.06
6. 89
7.62
6. 85
7.30
6. 36
7.71
8. 08
1.51
.76
1. 56
2.35
.24
—. 53
.09
1. 23
Utah:
3-year average. o-oo
1921 ae cdma
1922__. : i
1923. =%
Idaho:
3-vear average... .cco-—- acmcacccca-.
1921 eee
1922 aa
1923 co emma.
Wyoming:
3-year average... ooeoooooeocacoocoooo-
221 COR
YG cc os BRR Bm
1923
Montana:
3-year average. .-ccueicoceoomccccaan
1921___.. -
1922. __. .
1923...
California:
3-year average _...._._.._.__.__.
L021... cmon mmm mass Sm
19. mr Sm
1922
5. 01
5.53
5.82
5.61
7.34
8.16
7.21
6. 58
7.20
5.50
8.18
8. 27
1.19
1.03
2.36
2.66
—. 14
—2. 66
L97
1. 69
5.91
3.74
7.08
R 31
3. 53
8. 45
7.64
6. 00
8.37
8.48
1.73
—. 74
2.93
9 04
. 56
—2.31
1.84
2 03
s
L12
—1.48
.02
1.13
1.76
-.36
2.42
2.67
.23
-3.06
-.11
6. 40
t When composite figures appear as in the 3-year average for each State and in the figures for the United
States, whos fhe data for the States investigated are combined. the total tons of sugar beets harvested are
used as weights.
3 A minus sign (—) before a figure indicates that costs exceed returns by the amount indicated.
3 See pp. 8 to 14 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 harvested and share rental
on 41.7 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 the farm mortgages
at rates varying from 5 to9 per cent and averaging 7.14 per cent. In order to put the data for all farms on
4 comparable basis and simplify tabulations, however, all farms were treated as owned by the operators,
and taxes and overhead cost on this rented acreage were included as general costs, and all eapital charges,
whether paid or unpaid, were segregated.
i The capital charges included here are for all capital emploved in sugar-beet production.