B1082 Tables 1-15

Table 1. Farm characteristics and cost and return estimates from a sample of 28 corn producers in the Upper Delta, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	367	854	0	5,300
Rented acres in operation	3,486	3,251	0	11,000
Total acres in operation	3,809	3,093	120	11,000
Owned cropland acres	336	740	0	4,500
Rented cropland acres	3,309	3,156	0	10,600
Total cropland acres	3,624	2,977	120	10,600
Owned corn acres	79	143	0	427
Rented corn acres	549	352	0	1,056
Total corn acres	628	287	29	1,056
Irrigated corn acres	444	290	0	935
Field size (acres)	63	46	9	220

Corn yield (bu/A)	131	16	100	175
Revenue (@ $2.65/bu)	348	43	265	464

Selected variable cost items:
Fertilizers	52	13	27	82
Custom harvest/haul	28	12	7	48
Seed	27	5	16	40
Repairs & maintenance	18	10	5	69
Herbicides	17	8	5	30
Diesel fuel	12	8	3	48
Interest on op. capital	7	2	4	9
Custom fert./lime	7	16	3	53
Operator labor	7	2	3	14
Overhead labor	6	2	3	12
Total variable cost	190	45	131	277

Returns above variable cost	159	54	1	293

Machinery fixed cost	56	17	13	95
Variable cost + fixed cost	246	52	152	356
Land rent	73	14	50	125
Total specified cost	320	58	222	428

Net revenue	29	57	(147)	171
¹See "Interpretation of Data" for more information about this table.

Table 2. Farm characteristics and cost and return estimates from a sample of 28 corn producers in the Lower Delta, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	853	1,011	0	3,500
Rented acres in operation	1,401	1,148	0	4,500
Total acres in operation	2,254	1,254	260	4,600
Owned cropland acres	762	937	0	3,200
Rented cropland acres	1,331	1,099	0	4,500
Total cropland acres	2,093	1,200	260	4,500
Owned corn acres	275	359	0	1,200
Rented corn acres	367	359	0	1,100
Total corn acres	642	402	85	1,400
Irrigated corn acres	232	281	0	800
Field size (acres)	61	37	3	150

Corn yield (bu/A)	132	19	96	175
Revenue (@ $2.65/bu)	351	51	254	464

Selected variable cost items:
Fertilizers	45	17	10	89
Custom harvest/haul	29	16	15	71
Seed	26	2	22	31
Repairs & maintenance	15	6	4	27
Herbicides	14	13	3	66
Diesel fuel	7	4	2	13
Operator labor	6	2	3	12
Interest on op. capital	6	1	3	11
Overhead labor	5	2	3	11
Custom fert./lime	4	10	3	53
Total variable cost	163	29	84	240

Returns above variable cost	188	41	114	284

Machinery fixed cost	44	21	11	75
Variable cost + fixed cost	207	38	109	288
Land rent	67	16	40	100
Total specified cost	274	40	173	353

Net revenue	77	40	3	171
¹See "Interpretation of Data" for more information about this table.

Table 3. Farm characteristics and cost and return estimates from a sample of 34 corn producers in the Brown Loam area, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	961	998	0	5,000
Rented acres in operation	1,409	1,095	0	4,000
Total acres in operation	2,305	1,306	205	5,000
Owned cropland acres	541	821	0	4,600
Rented cropland acres	1,227	1,007	0	3,000
Total cropland acres	1,712	1,022	100	4,600
Owned corn acres	163	174	0	610
Rented corn acres	456	377	0	1,000
Total corn acres	619	316	15	1,000
Irrigated corn acres	58	131	0	575
Field size (acres)	63	47	10	240

Corn yield (bu/A)	117	20	50	156
Revenue (@ $2.65/bu)	309	54	133	413

Selected variable cost items:
Fertilizers	48	21	11	90
Seed	28	10	18	78
Custom harvest/haul	22	8	8	48
Repairs & maintenance	15	5	3	26
Herbicides	15	7	3	37
Interest on op. capital	7	2	3	10
Operator labor	5	2	2	12
Overhead labor	5	2	2	11
Diesel fuel	5	3	2	13
Custom fert./lime	5	8	3	28

Total variable cost	159	32	91	215

Returns above variable cost	151	48	2	240

Machinery fixed cost	38	15	9	66
Variable cost + fixed cost	196	38	123	274
Land rent	41	8	27	65
Total specified cost	238	39	166	317

Net revenue	72	52	(84)	166
¹See "Interpretation of Data" for more information about this table.

Table 4. Farm characteristics and cost and return estimates from a sample of 32 corn producers in the Coastal Plains and Black Belt, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	577	532	0	2,050
Rented acres in operation	828	827	0	4,000
Total acres in operation	1,404	1,192	315	6,000
Owned cropland acres	372	341	0	1,500
Rented cropland acres	786	733	0	3,500
Total cropland acres	1,158	905	50	4,500
Owned corn acres	135	136	0	450
Rented corn acres	241	197	0	800
Total corn acres	377	207	14	800
Irrigated corn acres	13	51	0	240
Field size (acres)	50	54	2	212

Corn yield (bu/A)	89	35	20	147
Revenue (@ $2.65/bu)	237	94	53	390

Selected variable cost items:
Fertilizers	55	19	14	89
Seed	23	3	16	29
Herbicides	16	8	1	38
Repairs & maintenance	15	4	9	25
Custom harvest/haul	15	6	3	28
Interest on op. capital	6	2	2	10
Custom fert./lime	6	10	3	40
Operator labor	5	2	2	13
Overhead labor	5	2	2	11
Diesel fuel	4	2	1	11
Total variable cost	157	33	76	218

Returns above variable cost	80	92	(127)	235

Machinery fixed cost	36	11	18	71
Variable cost + fixed cost	193	39	101	289
Land rent	34	7	10	55
Total specified cost	226	39	135	319

Net revenue	11	92	(190)	159
¹See "Interpretation of Data" for more information about this table.

Table 5. Farm characteristics and cost and return estimates from a sample of 31 cotton producers in the Upper Delta, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	296	742	0	3,400
Rented acres in operation	2,094	1,386	0	4,500
Total acres in operation	2,371	1,480	113	5,700
Owned cropland acres	174	318	0	1,301
Rented cropland acres	1,902	1,217	0	3,800
Total cropland acres	2,057	1,135	106	4,000
Owned cotton acres	96	194	0	900
Rented cotton acres	1,030	662	0	2,000
Total cotton acres	1,126	583	3	2,000
Irrigated cotton acres	534	527	0	1,600
Field size (acres)	65	52	3	330

Lint yield (lb/A)	924	168	158	1,313
Lint revenue (@ $0.652/lb)	603	109	103	856
Seed revenue (@ $106/ton)	76	14	13	108
Total revenue	679	123	116	964

Selected variable cost items:
Gin	75	14	13	105
Insecticides	42	21	13	87
Herbicides	36	14	14	93
Fertilizers	34	16	12	109
Repairs & maintenance	32	6	10	46
Custom harvest/haul	19	4	13	32
Harvest aids	16	7	4	42
Operator labor	15	4	8	23
Custom spray	14	7	3	28
Technology fee	13	15	24	32
Diesel fuel	12	3	6	21
Overhead labor	12	3	6	19
Seed	11	2	8	15
Interest on op. capital	11	3	4	17
Total variable cost	365	65	118	472

Returns above variable cost	314	92	(2)	496
Machinery fixed cost	89	25	27	147
Variable cost + fixed cost	454	80	144	597
Land rent	82	27	26	150
Total specified cost	536	83	216	669

Net revenue	143	85	(100)	299
¹See "Interpretation of Data" for more information about this table.

Table 6. Farm characteristics and cost and return estimates from a sample of 35 cotton producers in the Lower Delta, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	1,390	2,294	0	7,000
Rented acres in operation	1,127	1,230	0	3,560
Total acres in operation	2,455	1,892	30	6,600
Owned cropland acres	1,368	2,294	0	7,000
Rented cropland acres	1,126	1,230	0	3,560
Total cropland acres	2,432	1,905	30	6,600
Owned cotton acres	600	800	0	2,353
Rented cotton acres	567	630	0	1,970
Total cotton acres	1,167	742	30	2,353
Irrigated cotton acres	238	448	0	1,400
Field size (acres)	77	37	3	142

Lint yield (lb/A)	893	142	375	1,584
Lint revenue (@ $0.652/lb)	582	92	245	1,033
Seed revenue (@ $106/ton)	73	12	31	130
Total revenue	655	104	275	1,163

Selected variable cost items:
Gin	71	11	30	127
Insecticides	38	16	3	90
Herbicides	35	12	18	64
Fertilizers	34	12	13	61
Repairs & maintenance	32	6	8	45
Custom harvest/haul	19	11	8	111
Harvest aids	16	9	7	34
Custom spray	15	6	4	29
Operator labor	14	3	7	26
Diesel fuel	13	6	5	31
Overhead labor	11	2	5	21
Seed	10	2	7	14
Interest on op. capital	9	2	4	14
Total variable cost	339	53	205	502

Returns above variable cost	317	93	71	661

Machinery fixed cost	81	18	22	109
Variable cost + fixed cost	419	67	258	609
Land rent	81	20	45	125
Total specified cost	500	83	318	682

Net revenue	155	108	(55)	481
¹See "Interpretation of Data" for more information about this table.

Table 7. Farm characteristics and cost and return estimates from a sample of 32 cotton producers in the Brown Loam area, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	1,132	1,596	0	5,000
Rented acres in operation	1,275	1,328	0	4,200
Total acres in operation	2,289	1,467	41	4,800
Owned cropland acres	629	841	0	2,410
Rented cropland acres	1,121	1,245	0	4,200
Total cropland acres	1,666	1,160	40	4,750
Owned cotton acres	382	556	0	1,600
Rented cotton acres	549	463	0	1,255
Total cotton acres	875	405	15	1,425
Irrigated cotton acres	97	245	0	800

Field size (acres)	81	66	3	350
Lint yield (lb/A)	879	208	150	1,300
Lint revenue (@ $0.652/lb)	573	136	98	848
Seed revenue (@ $106/ton)	72	17	12	107
Total revenue	645	153	110	954

Selected variable cost items:
Gin	68	18	12	104
Fertilizers	36	17	1	66
Repairs & maintenance	33	5	12	42
Herbicides	29	14	10	65
Technology fee	27	22	24	56
Insecticides	21	13	3	55
Custom harvest/haul	15	6	3	54
Operator labor	14	2	9	22
Harvest aids	14	7	3	37
Overhead labor	11	2	7	17
Seed	10	2	7	23
Diesel fuel	10	3	5	15
Interest on op. capital	9	2	5	15
Custom fert./lime	7	12	3	53
Total variable cost	315	42	200	415

Returns above variable cost	330	147	(130)	601

Machinery fixed cost	82	19	32	123
Variable cost + fixed cost	397	52	287	495
Land rent	55	11	30	80
Total specified cost	452	56	340	575

Net revenue	193	142	(266)	470
¹See "Interpretation of Data" for more information about this table.

Table 8. Farm characteristics and cost and return estimates from a sample of 34 cotton producers in the Coastal Plains and Black Belt, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	467	606	0	2,750
Rented acres in operation	1,169	904	0	3,377
Total acres in operation	1,632	896	135	3,377
Owned cropland acres	257	395	0	2,000
Rented cropland acres	1,061	842	0	3,377
Total cropland acres	1,314	805	55	3,377
Owned cotton acres	180	282	0	1,100
Rented cotton acres	611	501	0	2,005
Total cotton acres	791	523	50	2,005
Irrigated cotton acres	0	0	0	0
Field size (acres)	39	52	7	250

Lint yield (lb/A)	689	144	300	1,000
Lint revenue (@ $0.652/lb)	449	94	196	652
Seed revenue (@ $106/ton)	57	12	25	82
Total revenue	506	106	220	734

Selected variable cost items:
Gin	56	10	24	80
Fertilizers	46	14	16	67
Technology fee	46	15	22	56
Repairs & maintenance	30	3	21	37
Herbicides	28	13	6	64
Harvest aids	13	7	2	39
Operator labor	13	2	8	17
Seed	11	3	8	26
Interest on op. capital	11	2	6	16
Overhead labor	10	2	6	14
Insecticides	10	8	3	35
Diesel fuel	8	1	5	11
Custom fert./lime	8	15	3	53
Custom harvest/haul	7	7	6	20
Total variable cost	307	34	208	399

Returns above variable cost	199	99	(75)	423

Machinery fixed cost	68	8	49	83
Variable cost + fixed cost	375	34	262	474
Land rent	43	5	30	60
Total specified cost	418	33	305	517

Net revenue	87	101	(186)	314
¹See "Interpretation of Data" for more information about this table.

Table 9. Farm characteristics and cost and return estimates from a sample of 26 rice producers in the Upper Delta, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	1,792	2,849	0	12,500
Rented acres in operation	2,158	2,100	0	7,100
Total acres in operation	3,688	2,286	170	7,700
Owned cropland acres	1,739	2,807	0	12,500
Rented cropland acres	2,063	2,028	0	7,000
Total cropland acres	3,541	2,196	170	7,300
Owned rice acres	330	361	0	1,000
Rented rice acres	359	382	0	1,100
Total rice acres	689	267	145	1,100
Field size (acres)	144	104	23	385

Rice yield (cwt/A)	57	8	25	72
Revenue (@ $10.50/cwt)	602	84	260	756

Selected variable cost items:
Dry	51	7	22	64
Fertilizers	45	12	12	70
Herbicides	41	20	9	79
Repairs & maintenance	29	3	19	37
Diesel fuel	24	2	22	29
Seed	24	3	18	32
Operator labor	20	2	17	25
Overhead labor	18	2	16	22
Custom fert./lime	16	4	4	24
Custom harvest/haul	15	11	6	69
Interest on op. capital	8	1	6	13
Custom spray	7	5	3	20
Total variable cost	311	38	226	399

Returns above variable cost	291	77	(5)	464

Machinery fixed cost	70	7	54	86
Variable cost + fixed cost	380	39	294	469
Land rent	61	8	35	75
Total specified cost	441	42	356	534

Net revenue	161	77	(135)	325
¹See "Interpretation of Data" for more information about this table.

Table 10. Farm characteristics and cost and return estimates from a sample of 18 rice producers in the Lower Delta, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	311	532	0	1,600
Rented acres in operation	1,786	1,279	0	4,000
Total acres in operation	2,097	1,424	500	5,000
Owned cropland acres	297	501	0	1,500
Rented cropland acres	1,781	1,277	0	4,000
Total cropland acres	2,079	1,429	500	5,000
Owned rice acres	109	186	0	500
Rented rice acres	478	309	0	1,028
Total rice acres	587	375	80	1,300
Field size (acres)	101	42	39	245

Rice yield (cwt/A)	58	6	45	68
Revenue (@ $10.50/cwt)	610	61	473	709

Selected variable cost items:
Dry	52	5	40	60
Fertilizers	50	9	34	71
Herbicides	44	23	14	89
Repairs & maintenance	30	2	27	33
Diesel fuel	24	1	22	27
Seed	24	4	18	33
Operator labor	20	1	18	23
Custom fert./lime	19	3	14	33
Overhead labor	18	1	16	21
Custom harvest/haul	13	1	10	15
Interest on op. capital	9	1	6	11
Custom spray	7	4	4	15
Total variable cost	323	29	268	365

Returns above variable cost	287	52	187	394

Machinery fixed cost	70	4	63	77
Variable cost + fixed cost	393	30	338	439
Land rent	76	11	50	100
Total specified cost	468	30	410	524

Net revenue	142	49	36	233
¹See "Interpretation of Data" for more information about this table.

Table 11. Farm characteristics and cost and return estimates from a sample of 37 soybean producers in the Upper Delta, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	518	463	0	1,200
Rented acres in operation	1,136	799	0	2,500
Total acres in operation	1,653	918	49	3,500
Owned cropland acres	483	448	0	1,179
Rented cropland acres	1,135	800	0	2,500
Total cropland acres	1,618	911	26	3,500
Owned soybean acres	344	330	0	1,000
Rented soybean acres	777	527	0	1,550
Total soybean acres	1,120	611	20	2,250
Irrigated soybean acres	422	428	0	1,200
Field size (acres)	61	48	1	190

Soybean yield (bu/A)	36	9	15	56
Revenue (@ $6.90/bu)	245	60	104	386

Selected variable cost items:
Herbicides	29	10	13	66
Seed	26	15	13	58
Repairs & maintenance	14	5	2	27
Custom harvest/haul	9	6	2	25
Diesel fuel	7	4	1	24
Operator labor	6	2	1	11
Overhead labor	5	2	1	10
Interest on op. capital	4	1	2	7
Total variable cost	108	25	59	164

Returns above variable cost	137	69	0	272

Machinery fixed cost	46	19	5	73
Variable cost + fixed cost	154	40	69	236
Land rent	40	9	20	63
Total specified cost	194	40	118	276

Net revenue	51	72	(103)	159
¹See "Interpretation of Data" for more information about this table.

Table 12. Farm characteristics and cost and return estimates from a sample of 36 soybean producers in the Lower Delta, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	934	1,301	0	4,200
Rented acres in operation	1,175	809	0	2,500
Total acres in operation	2,084	1,051	30	4,200
Owned cropland acres	836	1,102	0	3,700
Rented cropland acres	1,162	796	0	2,500
Total cropland acres	1,973	915	30	3,800
Owned soybean acres	665	929	0	3,200
Rented soybean acres	947	700	0	2,430
Total soybean acres	1,608	939	25	3,200
Irrigated soybean acres	109	163	0	400
Field size (acres)	101	80	8	375

Soybean yield (bu/A)	32	10	17	63
Revenue (@ $6.90/bu)	223	69	117	435

Selected variable cost items:
Herbicides	37	18	12	81
Seed	18	6	10	50
Repairs & maintenance	13	5	4	27
Custom harvest/haul	12	14	3	90
Diesel fuel	6	4	1	24
Operator labor	6	2	1	10
Overhead labor	5	2	1	9
Interest on op. capital	4	1	1	6
Total variable cost	105	23	68	155

Returns above variable cost	118	81	(11)	306

Machinery fixed cost	33	14	9	69
Variable cost + fixed cost	138	29	82	191
Land rent	43	11	18	68
Total specified cost	181	31	112	233

Net revenue	42	77	(95)	256
¹See "Interpretation of Data" for more information about this table.

Table 13. Farm characteristics and cost and return estimates from a sample of 27 soybean producers in the Brown Loam area, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	395	444	0	4,200
Rented acres in operation	1,095	905	0	3,500
Total acres in operation	1,486	816	30	4,200
Owned cropland acres	263	373	0	3,700
Rented cropland acres	918	868	0	3,000
Total cropland acres	1,178	812	30	3,800
Owned soybean acres	208	344	0	3,200
Rented soybean acres	623	638	0	2,430
Total soybean acres	831	609	25	3,200
Irrigated soybean acres	227	413	0	1,150
Field size (acres)	65	48	7	375

Soybean yield (bu/A)	34	7	16	63
Revenue (@ $6.90/bu)	234	51	110	435

Selected variable cost items:
Herbicides	28	14	2	81
Seed	20	6	10	50
Repairs & maintenance	13	4	3	27
Custom harvest/haul	7	6	3	90
Operator labor	5	2	1	11
Overhead labor	4	2	1	10
Diesel fuel	4	2	1	24
Fertilizers	4	8	2	25
Interest on op. capital	3	1	1	6
Total variable cost	92	21	52	155

Returns above variable cost	143	58	(11)	306

Machinery fixed cost	33	11	9	69
Variable cost + fixed cost	125	26	61	191
Land rent	37	10	10	68
Total specified cost	162	30	98	250

Net revenue	72	61	(95)	256
¹See "Interpretation of Data" for more information about this table.

Table 14. Farm characteristics and cost and return estimates from a sample of 42 soybean producers in the Coastal Plains and Black Belt, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	526	793	0	5,200
Rented acres in operation	1,200	1,221	0	4,400
Total acres in operation	1,726	1,451	80	5,200
Owned cropland acres	277	364	0	2,000
Rented cropland acres	1,050	1,009	0	3,100
Total cropland acres	1,328	1,139	60	3,900
Owned soybean acres	157	185	0	600
Rented soybean acres	794	849	0	2,875
Total soybean acres	951	950	50	3,375
Irrigated soybean acres	3	11	0	50
Field size (acres)	75	103	2	430

Soybean yield (bu/A)	22	9	8	50
Revenue (@ $6.90/bu)	152	65	55	345

Selected variable cost items:
Herbicides	24	12	4	55
Seed	21	7	10	42
Repairs & maintenance	13	4	7	20
Fertilizers	12	14	6	45
Custom fert./lime	8	13	3	40
Custom harvest/haul	6	6	1	25
Operator labor	5	2	3	11
Overhead labor	5	2	3	10
Diesel fuel	4	1	2	8
Interest on op. capital	4	2	1	7
Total variable cost	105	30	45	163

Returns above variable cost	47	69	(46)	273

Machinery fixed cost	30	8	0	49
Variable cost + fixed cost	136	33	69	212
Land rent	29	4	15	50
Total specified cost	165	33	99	241

Net revenue	(12)	73	(121)	222
¹See "Interpretation of Data" for more information about this table.

Table 15. Farm characteristics and cost and return estimates from a sample of 37 wheat producers in Mississippi, 1997.¹
Item	Mean	Std. dev.	Min.	Max.
Owned acres in operation	863	956	0	3,200
Rented acres in operation	1,266	986	0	4,000
Total acres in operation	2,129	1,044	80	4,200
Owned cropland acres	761	968	0	3,200
Rented cropland acres	1,216	989	0	4,000
Total cropland acres	1,977	1,067	80	4,000
Owned wheat acres	226	348	0	1,100
Rented wheat acres	244	235	0	680
Total wheat acres	470	316	18	1,100
Field size (acres)	55	34	6	150

Wheat yield (bu/A)	48	12	15	80
Revenue (@ $3.50/bu)	168	41	53	280

Selected variable cost items:
Fertilizers	27	12	10	69
Seed	26	10	13	53
Custom fert./lime	10	7	3	29
Repairs & maintenance	9	2	3	14
Custom harvest/haul	7	4	2	30
Interest on op. capital	4	1	2	7
Operator labor	3	1	1	8
Overhead labor	3	1	1	6
Diesel fuel	2	1	1	6
Herbicides	2	3	1	18
Total variable cost	97	22	55	139

Returns above variable cost	71	45	(51)	203

Machinery fixed cost	20	5	7	32
Variable cost + fixed cost	118	23	79	171
Land rent	43	12	15	80
Total specified cost	161	25	122	216

Net revenue	7	44	(128)	132
¹See "Interpretation of Data" for more information about this table.

B1082 - Tables 1-15