COST OF PRODUCING WINTER WHEAT IN OREGON 
farms was $75.88 and on rented farms $72.91 per cultivated acre, 
1920-1922. 4 The average value of real estate per cultivated acre 
on owned farms was $65.92 and on rented farms $62.90. The 
average value of machinery on owned farms was $4.45 and on rented 
farms $4.20 per cultivated acre. 
Table 3. — Distribution of farm area and farm capitalization, 1920-1922 
C 
wned farms 
Rented farms 
Item 
1920 
1921 
1922 
1920 
1921 
1922 
"Farms 
Number 
86 
Number 
87 
Number 
87 
Number 
59 
Number 
66 
Number 
65 
Acreage per farm in — 
Wheat 
Acres 
379 
43 
391 
Acres 
399 
63 
420 
Acres 
402 
54 
459 
Acres 
338 
37 
364 
Acres 
334 
40 
382 
Acres 
372 
Other crops .. 
39 
Snmmpr-f allow 
359 
Total cultivated. 
813 
882 
915 
739 
756 
770 
Pasture . . ... . 
237 
20 
234 
17 
240 
17 
138 
13 
146 
15 
161 
Waste . . . 
14 
Total per farm.. ._ 
1,070 
1,133 
1,172 
890 
917 
945 
Tarm capitalization: ' 
Land and buildings.. . 
Dollars 
54,528 
2,805 
4,048 
1,473 
901 
Dollars 
60, 018 
2,755 
4,170 
1,531 
960 
Dollars 
57, 503 
2,619 
3, 388 
918 
421 
Dollars 
48, 526 
2,740 
3, 265 
1,366 
806 
Dollars 
47, 887 
2,717 
3,480 
1,400 
687 
Dollars 
46, 208 
2,496 
Machinerv 
2,782 
Feed and supplies. ... 
782 
Cash to run farm ... 
198 
Total per farm 
63, 755 
69, 434 
64.849 
56, 703 
56, 171 
52, 466 
1 On rented farms the farm capital, with the exception of land and buildings, was furnished by the tenant. 
AVERAGE RECEIPTS, EXPENSES, AND EARNINGS 
In Table 4, all farms are grouped according to tenure to show the 
average receipts, expenses, and earnings per farm. The rented 
farms are tabulated to show the business of the landlord and tenant 
separately, and for the farm as a whole. Of the total cash receipts 
for all years on both owned and rented farms, about 90 per cent was 
from wheat. Cash receipts from other sources were mainly from 
livestock sales and outside w^ork with horses and equipment. The 
sale of work that had been done on summer-fallow r land was a con- 
siderable item on some farms. Receipts of this kind might occur, 
for example, when a man moved to a new location or when he decided 
that he would reduce the acreage of wheat grown. 
On rented farms the total receipts to tenant and landlord were 
approximately in the proportion of two-thirds to the tenant and one- 
third to the landlord. Receipts to the landlord for items other than 
wheat represent, in the majority of instances, money paid by the 
tenant for the landlord's share of the wheat hay produced or cash 
rent paid by the tenant for the use of pasture land. 
4 Averages shown throughout for both single and groups of years are weighted. Thus, averages per acre 
were obtained by dividing by the total acres of the farms studied; averages per bushel, by dividing by the 
total production, etc. In many cases the weighted and unweighted averages were the same, the difference 
between the results obtained by the two methods rarely being of much significance. 
