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Table 1. Farm characteristics and cost and return estimates from a sample of 32 corn producers in the Delta Area, 1996.1
Item Mean Std. Dev. Min. Max.
Acres in operation 2,567 2,541 100 15,000
Cropland acres operated 2,211 1,347 100 5,500
Cropland acres owned 580 1,332 0 7,000
Cropland acres rented 1,700 1,344 0 4,925
Corn acres operated 442 426 20 2,450
Corn acres owned 159 456 0 2,450
Corn acres rented 283 226 0 850
Corn acres irrigated 173 191 0 850
Field size (acres) 68 46 7 229
Yield (bu/A) 94.50 45.64 5.00 180.00
Revenue(@ $3.40/bu) 321.31 155.19 17.00 612.00
Selected Variable Cost Items:
Fertilizers $44.60 $8.34 $24.63 $65.10
Custom harvest/haul 22.94 11.60 0.00 66.00
Seed 22.72 3.49 11.39 51.62
Herbicides 22.37 14.62 1.28 43.19
Repairs & maintenance 16.03 5.79 5.11 31.00
Diesel fuel 11.29 5.10 3.08 24.92
Operator labor 6.61 1.65 2.70 10.90
Interest on op. capital 6.47 1.18 3.59 10.64
Overhead labor 5.95 1.48 2.43 9.81
Total variable cost 165.63 22.19 85.02 215.02
Machinery fixed cost 48.88 20.36 11.76 88.52
Variable + fixed cost 214.51 38.03 108.10 288.51
Land rent 64.00 13.93 35.00 120.00
Total specified cost 278.51 42.66 158.10 408.51
Net Revenue 42.79 144.20 -202.72 317.90
1See "Interpretation of Data" for more information about this table.



Table 2. Farm characteristics and cost and return estimates from a sample of 19 corn producers, Brown Loam Area, 1996.1
Item Mean Std. Dev. Min. Max.
Acres in operation 1,947 1,444 250 6,400
Cropland acres operated 1,160 852 28 3,430
Cropland acres owned 450 504 0 2,000
Cropland acres rented 711 744 0 2,600
Corn acres operated 421 284 3 1,228
Corn acres owned 170 185 0 530
Corn acres rented 252 216 0 750
Corn acres irrigated 8 33 0 150
Field size (acres) 39 38 1 128
Yield (bu/A) 94.98 22.35 45.00 135.00
Revenue (@ $3.40/bu) 322.94 75.99 153.00 459.00
Selected Variable Cost Items:
Fertilizers $59.15 $14.69 $27.07 $87.76
Seed 20.93 2.37 17.09 24.92
Custom harvest /haul 20.69 15.75 0.00 88.00
Repairs & maintenance 18.32 6.22 5.83 31.12
Herbicides 14.17 7.23 2.12 24.04
Diesel fuel 8.06 3.41 3.95 17.80
Operator labor 7.31 1.79 2.98 9.62
Overhead labor 6.58 1.62 2.68 8.66
Interest on op. capital 6.13 1.08 3.25 7.90
Total variable cost 164.75 27.20 92.01 210.43
Machinery fixed cost 40.47 17.19 14.01 87.10
Variable + fixed cost 205.22 38.29 129.71 291.96
Land rent 43.44 9.70 30.00 65.00
Total specified cost 248.66 37.87 171.85 334.10
Net revenue 74.27 74.02 -66.28 211.10
1See "Interpretation of Data" for more information about this table.



Table 3. Farm characteristics and cost and return estimates from a sample of 37 corn producers, Coastal Plain and Black Belt Areas, 1996.1
Item Mean Std. Dev. Min. Max.
Acres in operation 995 950 43 4,300
Cropland acres operated 702 788 3 3,800
Cropland acres owned 225 320 0 1,475
Cropland acres rented 513 657 0 3,000
Corn acres operated 286 400 3 2,200
Corn acres owned 80 130 0 500
Corn acres rented 205 312 0 1,725
Corn acres irrigated 1 3 0 21
Field size (acres) 30 28 1 100
Yield (bu/A) 89.70 30.84 10.00 150.00
Revenue (@ $3.40/bu) 304.98 104.84 34.00 510.00
Selected Variable Cost Items:
Fertilizers $58.59 $16.05 $7.88 $108.96
Seed 21.78 2.44 15.51 29.37
Herbicides 17.67 8.68 0.00 33.98
Repairs & maintenance 16.21 3.00 6.88 23.50
Custom harvest/haul 14.77 6.82 0.00 29.50
Interest on op. capital 6.17 1.54 3.18 10.84
Operator labor 6.15 1.50 3.14 10.83
Diesel fuel 5.76 1.53 3.03 10.81
Overhead labor 5.52 1.39 0.00 9.75
Total variable cost 160.43 22.90 92.37 211.29
Machinery fixed cost 33.63 6.84 17.66 77.79
Variable + fixed cost 194.07 24.98 110.13 285.77
Land rent 31.77 8.81 15.00 55.00
Total specified cost 225.84 25.50 141.13 316.77
Net revenue 79.14 91.71 -146.72 293.67
1See "Interpretation of Data" for more information about this table.



Table 4. Farm characteristics and cost and return estimates from a sample of 25 cotton producers, Upper Delta Area, 1996.1
Item Mean Std. Dev. Min. Max.
Acres in operation 1,664 1,753 40 6,220
Cropland acres operated 1,626 1,738 37 6,150
Cropland acres owned 191 510 0 2,523
Cropland acres rented 1,463 1,733 0 6,150
Cotton acres operated 645 797 16 3,566
Cotton acres owned 36 68 0 250
Cotton acres rented 609 816 0 3,566
Cotton acres irrigated 408 626 0 2,750
Field size (acres) 68 59 6 254
Lint yield (lb/A) 912.22 134.42 300.00 1,250.00
Lint revenue (@ $0.701/lb) 639.47 94.23 210.30 876.25
Seed revenue (@ $0.0595/lb) 93.05 13.71 30.60 127.50
Total revenue 732.51 107.94 240.90 1,003.75
Selected Variable Cost Items:
Gin $72.98 $10.75 $24.00 $100.00
Insecticides 44.00 16.86 3.12 86.29
Herbicides 41.04 12.08 8.19 82.99
Repairs & maintenance 34.31 6.08 8.96 43.53
Fertilizers 34.07 17.06 0.00 50.56
Diesel fuel 19.58 5.42 5.99 27.92
Harvest aids 18.87 8.12 3.48 34.41
Custom spray 16.73 7.69 0.00 29.55
Operator labor 12.86 3.48 4.64 18.17
Custom harvest/haul 11.78 9.11 0.00 87.30
Overhead labor 11.57 3.13 4.17 16.36
Interest on op. capital 11.07 3.22 3.67 19.17
Seed 10.62 1.99 7.31 27.52
Total variable cost 356.47 56.88 158.26 440.65
Machinery fixed cost 88.73 16.93 20.63 115.47
Variable + fixed cost 445.20 63.98 215.09 537.30
Land rent 83.09 23.75 25.00 120.00
Total specified cost 528.29 79.23 285.09 634.95
Net Revenue 204.23 119.32 -77.62 474.57
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, Lower Delta Area, 1996.1
Item Mean Std. Dev. Min. Max.
Acres in operation 1,081 1,337 13 5,250
Cropland acres operated 1,011 1,224 13 4,250
Cropland acres owned 266 699 0 3,700
Cropland acres rented 858 1,471 0 6,800
Cotton acres operated 433 649 13 2,850
Cotton acres owned 132 422 0 2,350
Cotton acres rented 309 557 0 2,850
Cotton acres irrigated 68 206 0 1,100
Field size (acres) 42 25 9 130
Lint yield (lb/A) 758.57 174.47 150.00 1,536.00
Lint revenue (@ $0.701/lb) 531.75 122.30 105.15 1,076.74
Seed revenue (@ $0.0595/lb) 77.37 17.80 15.30 156.67
Total revenue 609.13 140.10 120.45 1,233.41
Selected Variable Cost Items:
Gin $60.69 $13.96 $12.00 $122.88
Herbicides 31.18 16.35 7.25 109.16
Insecticides 31.10 20.92 0.00 120.81
Fertilizers 30.89 9.37 8.67 56.15
Repairs & maintenance 30.69 5.95 8.81 43.66
Custom harvest/haul 17.12 7.55 0.00 72.50
Diesel fuel 16.62 5.69 6.02 24.18
Harvest aids 14.61 8.62 0.00 36.72
Custom spray 14.23 9.36 0.00 45.00
Operator labor 13.74 2.95 6.58 25.58
Overhead labor 12.37 2.66 5.92 23.02
Technology fee 11.40 15.33 0.00 32.00
Interest on op. capital 9.25 2.47 4.36 15.71
Seed 9.20 1.72 6.02 15.00
Total variable cost 312.70 40.94 199.81 412.81
Machinery fixed cost 72.27 19.95 21.85 119.25
Variable + fixed cost 384.97 54.13 243.14 496.00
Land rent 75.90 5.95 20.00 120.00
Total specified cost 460.86 55.90 301.72 568.20
Net revenue 148.26 171.56 -443.34 742.43
1See "Interpretation of Data" for more information about this table.



Table 6. Farm characteristics and cost and return estimates from a sample of 18 cotton producers, Brown Loam Area, 1996.1
Item Mean Std. Dev. Min. Max.
Acres in operation 1,303 1,545 85 7,000
Cropland acres operated 806 849 82 3,250
Cropland acres owned 203 284 0 900
Cropland acres rented 606 776 0 2,800
Cotton acres operated 356 327 30 1,322
Cotton acres owned 100 199 0 800
Cotton acres rented 256 294 0 1,322
Cotton acres irrigated 33 112 0 500
Field size (acres) 43 46 9 200
Lint yield (lb/A) 791.87 99.60 536.00 1,000.00
Lint revenue (@ $0.701/lb) 555.10 69.82 375.74 701.00
Seed revenue (@ $0.0595/lb) 80.77 10.16 54.67 102.00
Total revenue 635.87 79.98 430.41 803.00
Selected Variable Cost Items:
Gin $63.35 $7.97 $42.88 $80.00
Herbicides 46.28 17.97 12.86 75.06
Insecticides 41.59 20.57 0.00 71.28
Fertilizers 40.09 22.19 10.24 73.83
Repairs & maintenance 32.86 4.59 25.57 41.18
Diesel fuel 15.04 4.02 9.01 21.12
Operator labor 14.90 2.06 11.72 21.00
Custom harvest/haul 14.45 4.51 0.00 20.00
Custom spray 13.82 11.75 0.00 31.00
Technology fee 13.49 15.80 0.00 32.00
Overhead labor 13.40 1.85 10.55 18.90
Harvest aids 12.39 4.82 4.08 20.37
Interest on op. capital 10.95 2.63 6.16 13.54
Seed 10.13 2.85 6.88 21.00
Total variable cost 361.30 67.42 260.72 453.98
Machinery fixed cost 74.12 16.99 53.55 109.16
Variable + fixed cost 435.42 79.47 314.27 540.72
Land rent 57.81 7.98 40.00 75.00
Total specified cost 493.23 78.09 369.27 595.72
Net revenue 142.65 75.36 -39.84 371.23
1See "Interpretation of Data" for more information about this table.



Table 7. Farm characteristics and cost and return estimates from a sample of 22 cotton producers, Coastal Plain and Black Belt Areas, 1996.1
Item Mean Std. Dev. Min. Max.
Acres in operation 1,224 940 160 3,570
Cropland acres operated 1,011 905 150 3,450
Cropland acres owned 289 533 0 2,600
Cropland acres rented 727 799 0 3,050
Cotton acres operated 465 381 20 1,497
Cotton acres owned 132 150 0 700
Cotton acres rented 333 353 0 1,470
Cotton acres irrigated 11 36 0 150
Field size (acres) 28 20 3 70
Lint yield (lb/A) 803.03 120.92 225.00 1,100.00
Lint revenue (@ $0.701/lb) 562.93 84.76 157.72 771.10
Seed revenue (@ $0.0595/lb) 81.91 12.33 22.95 112.20
Total revenue 644.84 97.10 180.68 883.30
Selected Variable Cost Items:
Gin $64.24 $9.67 $18.00 $88.00
Fertilizers 44.81 16.19 0.00 70.86
Herbicides 34.73 18.50 4.99 78.06
Repairs & maintenance 32.49 3.99 7.21 39.06
Technology fee 26.65 11.94 0.00 32.00
Insecticides 19.33 8.99 0.00 34.56
Custom harvest/haul 17.03 7.67 4.50 110.00
Operator labor 14.43 2.46 5.41 20.52
Overhead labor 12.95 2.37 0.00 18.46
Diesel fuel 11.10 1.77 7.00 15.40
Seed 10.69 1.58 8.00 15.00
Interest on op. capital 10.36 2.53 5.98 13.91
Harvest aids 7.20 4.49 0.00 18.23
Total variable cost 321.16 54.87 176.94 448.84
Machinery fixed cost 66.71 7.45 19.43 81.21
Variable + fixed cost 387.87 57.62 227.46 493.93
Land rent 56.86 5.63 30.00 80.00
Total specified cost 444.73 57.58 257.46 548.93
Net revenue 200.11 78.32 -186.30 411.07
1See "Interpretation of Data" for more information about this table.



Table 8. Farm characteristics and cost and return estimates from a sample of 26 rice producers, Upper Delta Area, 1996.1
Item Mean Std. Dev. Min. Max.
Acres in operation 1,973 1,466 200 5,202
Cropland acres operated 1,854 1,400 200 5,000
Cropland acres owned 785 1,308 0 5,000
Cropland acres rented 1,082 895 0 3,420
Rice acres operated 339 332 45 1,200
Rice acres owned 166 297 0 1,200
Rice acres rented 172 233 0 1,000
Field size (acres) 78 42 25 205
Rice yield (bu/A) 138.81 10.53 100.00 160.00
Revenue (@ $4.50/bu) 624.66 47.38 450.00 720.00
Selected Variable Cost Items:
Dry $55.08 $4.09 $40.00 $64.00
Fertilizers 46.25 8.35 19.61 62.10
Herbicides 42.21 19.58 17.50 89.44
Repairs & maintenance 29.69 3.49 16.39 38.36
Diesel fuel 28.11 3.00 24.25 40.37
Seed 23.58 5.43 16.80 38.64
Operator labor 16.58 4.05 10.37 27.51
Custom fertilizer/lime 15.49 4.30 5.00 23.75
Overhead labor 14.92 3.64 9.33 24.76
Custom harvest/haul 14.52 5.63 10.00 55.00
Interest on op. capital 9.25 1.67 5.72 14.78
Custom spray 8.40 5.15 0.00 18.75
Total variable cost 314.94 34.21 254.77 412.33
Machinery fixed cost 66.64