40 COSTS OF PRODUCING SUGAR BEETS
TABLE 14.—Weighted average costs of production, and returns to growers from the
sale of sugar beets
SUMMARY FOR UNITED STATES AND ANALYSIS BY STATES, 1921, 1922,
AND 1923
[Per acre of sugar beets harvested]
Average costs !
Amount by which the
returns to growers
from the sale of sugar
beets exceed 2 the cost
of production of sugar
beets 8
No allow-
ance made
for land
rental and
.nterest on
nother capi-
tal4
Allowance
made for
land rental
and inter-
ast at 6 per
cent on
nother capi
tal
Average
returns
0 growers
from the
ale of sug
ar beets
State and year
No allow-
ance made
for land
rental and
interest on
other gpk
talt
Allowance
made for
and rental
and inter-
est at 6 per
cent on
other capi-
tal
Per acre
$1.90
—18.45
7.90
22,71
United States:
B-VRAL AVEIAZRe. cv nnv nme mmm
TOD re erm HE Ei HE
1922... ———. mit
1923 _____ ..
Per acre
$70.79
70.78
67.22
73.74
Per acre
$85. 98
87.26
82. 52
87.20
Per acre
$87.88
68.81
90. 42
109.91
Per acre
$17.09
—1.97
23.20
36.17
Michigan:
BFOOL BYCPBER. oc vmcmmme ns ssn mm mmm
it 1 J
N00. ec cr me EAE Rm 0 mw
1923. _.._. J .
Dhio:
3-year average. cocoon
IGM mms En
1922. __ mmm ————————
1923 _ SE Tem
Nebraska:
3-year average... cirammeean
1921 eee ere meee
1922 eee
1923 occa
Colorado:
3-year average... eeeeeoccmcmmmea-
| E72)
1922... come emma
1923... —-
Utsh:
3-year average.._._. Rr
VO2), ci summits SRR SWS
1022. cen. 0 i
1923 __._. I —_—
67. 01
67. 04
61.77
71.00
78.01
78. 55
72.58
81.45
69. 99
55.45
69.67
39. 96
2.98
~11. 59
7.90
18.96
—8.02
—23. 10
—2.91
8.51
38.71
58. 52
53. 43
39 921
70.14
70. 59
64. 55
78.33
80.98
82.94
78.63
80.77
88.44
89.39
85.25
90. 15
73.45
54.18
65. 06
04.29
14.74
—4.34
11.63
492.08
3.31
—16.41
. 51
20. 96
14.89
-5. 06
38.32
17.43
2.75
-6.90
1.02
16.10
66. 44
67.13
64. 54
57.39
95.87
77.88
116. 95
98. 20
29.43
10.75
52.41
20.81
72.44
72.67
88. 88
75. 34
91.19
82.49
86. 27
106. 25
18.75
9.82
17.39
30.91
—2.42
-32.77
12.71
25.21
8.10
~27.28
26.97
31.30
.91
-15.88
.22
13.24
32.55 20.91
9.02 —4,25
39.90 28.32
$5.78 36.33
21.76 2.09
—5.43 I —26.11
18. 89 ~1.11
78.38 61. 02
1 When composite figures appear as in the three-year average for each State and in the figures for the
United States, where the data for the States investigated are combined, the total acres of sugar beets
harvested are used as weights.
2 A minus sign (—) before a figure indicates that costs exceed returns by that amount.
3 See pp. 33-38 for explanation of methods 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
41.7 per cent. On a large percentaze 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 to 9 per cent and averaging 7.14 per cent. In order to put the data for all farms on
a camparable basis and simplify tabulations, however, all far:ns 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
Idaho:
3-year average... cceemmemcramana
1921. .___. JE
1922 cee meine
1923... RR
Wyoming:
3-year average..__.. mm ml ee wm
1921... mpm mas
1922. ___ emem——————— ae
1923. Cos
Montana:
© 3-year average... ..
1921...
1922 oe ieee ee
1923 eal
California:
3-year average o-oo cece.
191 ecm
19S a ee emcee me
197