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Characteristics and Production Costs of U.S. Soybean Farms

Author

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  • Foreman, Linda
  • Livezey, Janet

Abstract

Average soybean production costs ranged from $2.13 per bushel for producers in the lowest cost quartile to $6.00 per bushel for those in the highest cost quartile. Heartland, West, and Northern Crescent producers had lower soybean production costs per bushel than Mississippi Portal and Southeast producers. Producers in higher sales classes and producers with 250 to 750 acres of soybeans had lower production costs than other soybean producers. Off-farm income was an important source of household income for many soybean producers.

Suggested Citation

  • Foreman, Linda & Livezey, Janet, 2002. "Characteristics and Production Costs of U.S. Soybean Farms," Statistical Bulletin 262281, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uerssb:262281
    DOI: 10.22004/ag.econ.262281
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    Cited by:

    1. MacDonald, James M., 2011. "Why Are Farms Getting Larger? The Case Of The U.S," 51st Annual Conference, Halle, Germany, September 28-30, 2011 115361, German Association of Agricultural Economists (GEWISOLA).
    2. Ali, Mir B., 2004. "Characteristics and Production Costs of U.S. Sugarbeet Farms," Statistical Bulletin 262276, United States Department of Agriculture, Economic Research Service.

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