208 



CORN 



FODDER. The value of fodder as a by-product must be taken 

 from the gross cost of growing the corn crop. Where the crop is cut 

 and shocked, the value of the fodder is an important item, but where 

 the crop is husked standing the value of the stalks for pasturage is 

 slight. 



In the following statement is given an account of the actual cost 

 of producing corn in 1912, by Mr. Fred McCuUoch of Hartwick, Iowa. 

 This record was taken under the direction of the United States De- 

 partment of Agriculture and it represents a summary of the daily 

 records which were made by Mr. McCuUoch. 



TABLE NO. 44 



SHOWING ACCOUNT WITH CORN IN FIELD "D" 2 



(38.91 acres valued at $5,658.70) 



TOTAL LABOR TOTAL COST LABOR PER ACRE COST 

 Man Horse (for entire Man Horse per ACRE 

 Hours Hours field) Hours Hours 



Labor costs*** 918i 1888 $495.54 23.6 48.52 $12.74 



Tractor 38l hours 46.70 1.20 



Manure charge* 



20% of 1910 application 64.15 



50% of 1912 application 8.61 1.87 



Seed, 6.05 bus. at $8.00... 48.40 1.24 



Machinery use cost 85.20 2.19 



Interest on 1911 costs** 



Brought forward 3.20 .08 



Interest on land value.... 282.94 7.27 



Overhead expense 60.17 1.55 



Total cost $1,094.91 $28.14 



Total yield 2,685 bus. Cost per bushel 40.8 cents 



INCOME 



2,545 bu. corn at $ .40 $1,018.00 (65.4 bu. per acre) ^,, ,, 



140 bu. (seed) corn at $2.50 350.00 ( 3.6 bu. per acre) * 



Stalks at $ .50 per acre 19.46 



Income $1,387.46 $35.66 



Total costs $1,094.91 $28.14 



Profit $292.55 $7.52 



Without figuring the extra value of the seed corn in the total in- 

 come, it will be seen in the foregoing statements that there would 

 have been practically no profit. 



Of special consequence in the foregoing table is the cost of pro- 

 duction which amounts to $28.14 per acre or 40.8 cents per bushel. 



*In the manure charge 20 per cent of the 1910 application and SO per cent of the 1912 applica- 

 tion was charged to the crop for 1912. 

 **Interest on 1911 costs refers to work and material employed on this field the fall previous. 

 ***Mr. McCuUoch found that his cost for labor was as follows: Per man hour. 14.9 cents; per 

 horse hour^ 10 cents and per tractor hour, $1.22. 



