Major Statistical Series of the U.S. Department of Agriculture, Volume 12: Costs of Production

The Economic Research Service of the U.S. Department of Agriculture estimates annual costs of production for major crops and livestock enterprises. Survey data, the main sources for these estimates, are compiled into a computerized budget generator to estimate enterprise budgets at regional and national levels. Each budget contains estimates of cash receipts, itemized cash expenses, economic (full ownership) costs, yields, prices, and net returns. This report describes the estimation procedures and the data sources for making the estimates