42 



BULLETIN 943, IT. S. DEPARTMENT OF AGRICULTURE. 



In the spring-wheat areas the interest on investment exceeded 

 the value of share-rent paid, while in the winter-wheat districts the 

 reverse was true. 



Table XXVI. — Use-cost of land per acre, spring and winter wheat, 1919 (481 farms). 





Owned land. 



Rented land. 



State and county. 



Value 

 per 

 acre. 



In- 

 terest 

 on in- 

 vest- 

 ment. 



One- 

 half 

 share. 



One- 

 third 

 share. 



Two- 

 fifths 

 share. 



One- 

 fourth 

 share. 



Cash. 



North Dakota: 



$80 

 36 



134 



137 

 108 



$4.79 

 2.16 



8.06 



8.20 

 6.50 



$3.43 

 2.65 



7.50 



3.80 



4.24 



$4.56 

 2.87 



3.30 



3.31 

 5.55 







$4.92 







$1.57 

 3.35 



1.25 



South Dakota: 





Minnesota: 



3.53 









3.00 











All spring wheat 



100 



6.00 



4.90 



3.58 





2.02 



3.52 







Kansas: 



55 

 87 

 134 



241 

 135 

 173 



123 



213 



92 



3.28 

 5.23 

 8.06 



14.44 

 8.09 

 10.38 



7.37 

 12. 80 

 5.53 



9.96 

 9.49 



13.60 



9.12 

 9.09 

 8.34 



13.49 

 11.98 

 13.77 



6.70 

 12.27 

 11.67 



$11.26 

 12.27 



18.08 



3.87 







6.00 





7.65 



Missouri: 



7.82 







St. Charles County 



20.26 





9.90 



Nebraska: 





Saline County 



15.06 























122 



7.33 



10.90 



9.50 



14.13 



3.87 



8.33 







Because of the lower land values and lower yield of wheat in the 

 Spring- Wheat Belt, the charge for the use of land is considerably 

 lower there than in the Winter- Wheat Belt. (See Table XXVI.) 



OTHER COSTS. 



TAXES AND INSURANCE. 



An estimate was obtained from each man interviewed concerning 

 his real estate, live stock, and equipment investment. On owned 

 land the per cent that the investment in wheat land is of this total 

 investment represents the proportion of the total farm taxes and 

 insurance that has been charged to the wheat land. On rented 

 farms, land taxes and building insurance were paid by the landlord. 

 Any other taxes and insurance were paid by the renter and have 

 been charged against live stock and equipment, wheat receiving its 

 proportionate share through the equipment charge. 



The average tax and insurance charge on owned land varied from 

 25 cents per acre in Morton County, N. Dak., to 95 cents in Saline 

 County, Nebr. 



The special crop insurance includes fire insurance on stacked and 

 stored grain and hail insurance on the growing crop. In Morton 



