Democratic Sentinel, Volume 10, Number 31, Rensselaer, Jasper County, 3 September 1886 — The Cost of Wheat Production. [ARTICLE]

The Cost of Wheat Production.

The phenomenally low prices for wheat which have prevailed during the past year have directed attention to the details of the cost of producing that grain, and in various States of the wheat section the statistical experts are making calculations to settle the ques-» tion whether, at the prevailing prices, the culture of win at can be profitably continued. One of the most interesting reports yet published on this point has been made by the Michigan Secretary of State concern ng the cost of producing and marketing the wheat, oats, and corn crops of 1885 in that S: •:*<>. The average yield per Acre is j. . nat 21.98 bushels of wheat, 40.55 bushels of oats, and 70.87 bushels of ears of corn. The yield thus indicated applied to the cost per acre shows an average cost per bushel of 59.1 < ents for wheat, 29 cents for oats, and 21.1 cents for ear corn. The average price of wheat on January 1, for the State, is placed at about 74 cents, oats 30 cents, and corn 24 cents per bushel of ears. In regard to wheat, the report observes that the “net profit on investment in the southern counties is 88 per cent, and in the northern counties 85 per cent” — Scientific American.