GEOGKAPHICAL PHASES OF FARM PEICES : CORN. 



27 



The favorable combination of high price per bushel and lowest cost 

 per acre obtains in the Southern States, but average yields are so 

 low as to make the cost per bushel very high, with resulting mini- 

 mum net returns. Highest net returns are indicated for the Moun- 

 tain and Pacific States. Here, however, a relatively lower percent- 

 age of merchantable corn must be taken into consideration. 



Details follow in Tables 5 and 5A. Relationships can best be ob- 

 served in the percentages, based upon the United States as 100 per 

 cent. By way of example : Iowa farm price per bushel, only 85 per 

 cent of the average for the United States, but yield per acre 135 per 

 cent; and combining the two in gross returns to the acre, 114 per 

 cent. Costs of production in Iowa, however, are slightly above the 

 average, being 101 per cent, and the ratio of returns to cost is 145 per 

 cent. 



Table 5. — Corn: GeograpJiie differences in values and costs of production.^ 



PER ACRE. 



State and geographic 

 divisions. 



Av- 

 erage 



gross 

 returns, 



1911- 



1915 

 (price 



per 

 bushel 



X 

 yield). I 



Cost of production, 1909. 



Ratio 

 of cost 

 to gross 

 returns^ 

 (cost = 

 100 per 

 cent). 



Value 

 of by- 

 prod- 

 ucts, 

 1909. 



Comparison of preceding 

 differences in percent- 

 ages of the United 

 States average as base 

 (100 per cent). 



Cost, 

 includ- 

 ing land 

 rental 

 or in- 

 terest. 



Cost, 

 exclud- 

 ing land 

 rental 

 or in- 

 terest. 



Com- 

 mer- 

 cial fer- 

 tilizer 

 in total 

 cost. 



Gross 

 returns. 



Cost, 

 includ- 

 ing land 

 rental 

 or in- 

 terest. 



Cost, 

 exclud- 

 ing land 

 rental 

 or in- 

 terest. 





Per acre 

 $15.60 



Per acre 

 $12.27 



Per acre 

 $8.52 



Per acr^ 

 $0.82 



Per cent 

 127 



Per acre 

 $1.20 



Per cent 

 100 



Per cent 

 100 



Per cent 

 100 







New England 



36.96 

 28.47 

 18.24 

 20.88 

 14.04 

 15.40 

 12.92 

 22.40 

 25.92 



30.98 

 20.62 

 14.78 

 14.60 

 10.52 

 12.83 

 10.78 

 10.99 

 14.64 



27.77 

 16.82 

 11.72 

 10.14 

 7.22 

 9.59 

 7.68 

 7.89 

 10.18 



7.80 



3.02 



2.43 



.61 



.26 



1.39 



.58 



.12 



.33 



120 

 138 

 124 

 143 

 133 

 120 

 120 

 204 

 177 



7.78 

 5.04 

 2.34 

 2.23 



.94 

 1.16 



.90 

 1.80 

 3.11 



237 

 182 

 117 

 134 

 90 

 99 

 83 

 144 

 166 



252 

 168 

 120 

 119 

 86 

 105 

 88 

 90 

 119 



326 



Middle Atlantic 



197 



South Atlantic 



138 



East North Central 



119 



West North Central 



85 



East South Central 



113 



West South Central 



90 



Mountain 



93 



Pacific 



119 







New England: 



Maine 



35.70 

 34.76 

 33.60 

 36.90 

 40.32 

 39.48 



28.86 

 27.74 

 28.29 



37.05 

 30.73 

 27.68 

 29.04 

 28.12 

 33.26 



21.84 

 22.08 

 17.93 



34.55 

 27.54 

 24.20 

 25.54 

 25.37 

 29.43 



18.15 

 17.91 

 14.41 



10.67 

 5.92 

 4.48 

 8.00 

 8.00 

 9.70 



2.80 

 4.26 

 2.00 



96 

 113 

 121 

 127 

 143 

 119 



132 

 126 

 157 



5.50 

 7.83 

 9.02 

 9.00 

 9.00 

 6.33 



5.91 

 4.96 

 4.25 



229 

 223 

 215 

 237 

 258 

 253 



185 

 178 

 181 



302 

 250 

 226 

 237 

 229 

 271 



178 

 180 

 146 



406 



New Hampshire 



323 



Vermont . t 



284 



Massachusetts 



300 



Rhode Island 



298 



Coimecticut 



345 



Middle Atlantic: 



New York 



213 



New Jersey 



210 



Pennsylvania 



169 



1 Costs of production from a special inquiry of the Bureau of Crop Estimates (" Crop Reporter, " April, 

 1911). Although the data were compiled in the year 1909, they were collated on a uniform and comparable 

 basis, and for the present purpose of comparing average cost conditions in one State or section with another 

 they possess particular value. 



2 Excluding by-products, which were considered as being offset, roughly, by values of farm manure 

 applied. 



