ZH 



THE BOOK OF CORN 



privilege was estimated by the owners at $990.60, or 

 an average of 32 cents per acre. The aggregate valua- 

 tion of fodder production by both methods was 

 $3 1 65 • 30, or an average per acre of 78.1 cents. 



Production — The total production of corn was 

 158,815 bushels, or 39.2 bushels per acre. 



With the preceding analysis of the methods fol- 

 lowed in this investigation, the following table is pre- 

 sented as a fair showing of the cost of producing the 

 corn crop on the 4051 acres included in these schedules : 



ORANGE JUDD FARMER CONCLUSION AS TO COST OF 

 GROWING CORN 



Cutting stalks 



Breaking stalks 



Plowing 



Harrowing 



Listing 



Fertilization 



Planting 



Replanting 



Seed 



Cultivation 



Husked standing 



Cut by hand.. 



Cut by machinery 



Husking from shock 



Taxation 



Team maintenance , 



Depreciation of machinery. 

 Depreciation of horses , 



Total annual investment. 

 Less value of fodder 



Actual 



cost 

 per acre 



Actual cost per acre — 



Cost per bushel (39.2 bushels per acre). 



£0.139) 

 .124/ 

 4.94 

 .178 

 .197 



1.999 

 .149) 

 .100) 

 .082 

 .679 



1.005") 

 .994 I 

 .444 f 



1.865 J 

 .283 



Av cost 



per a 



whole 



area 



$0,054 



.425 

 .144 

 .027 

 .809 



.155 



.082 

 .679 



1.372 



.283 



1.450 



.209 



.149 



$5,838 

 .781 



$5,057 

 .129 



Cost with Allozvance for Interest on Investment — 

 It has been previously pointed out that in determining 

 cost of production no allowance is made for interest 

 on capital permanently invested. The difference be- 



