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Economic Indicators of the Farm Sector: Costs of Production--Major Field Crops, 1988

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  • Agriculture and Rural Economy Division, Economic Research Service

Abstract

Costs of producing most major field crops increased in 1988. Per-acre costs rose slightly while per-bushel production costs climbed sharply for barley, corn, oats, sorghum, soybeans, and wheat because of drought-reduced yields. Despite increased costs, per-acre returns for most crops improved. Higher prices offset lower yields for soybeans, sunflowers, and the major grains except barley.

Suggested Citation

  • Agriculture and Rural Economy Division, Economic Research Service, 1990. "Economic Indicators of the Farm Sector: Costs of Production--Major Field Crops, 1988," Miscellaneous Publications 401173, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:401173
    DOI: 10.22004/ag.econ.401173
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