000324004 001__ 324004 000324004 005__ 20220828131332.0 000324004 0247_ $$2doi$$a10.22004/ag.econ.324004 000324004 037__ $$a1485-2022-1520 000324004 041__ $$aeng 000324004 245__ $$aCommercial Wheat Production: World Market, U.S. Production Centers, Costs and Returns Analysis 000324004 260__ $$c1971-09 000324004 269__ $$a1971-09 000324004 300__ $$a33 000324004 336__ $$aReport 000324004 490__ $$aERS-480 000324004 500__ $$aThe PDF is missing page one of the report. 000324004 520__ $$aA glut in the world wheat supply has caused several major exporting nations to adopt measures in supply control. Farm program restrictions on permitted wheat acres have influenced costs and returns to U.S. producers, particularly in the wheat specialty areas. Financial earnings of a program participant on a viable wheat farm are of considerable interest to formulators of farm policy and to U.S. legislators. Appropriate financial returns were allocated to production resources other than the farm operator's labor and entrepreneurship. The latter inputs were then accorded the residual return from the farm business. A return to the ownership of land used in wheat production was also calculated. In the period 1967-69, average annual returns to operator's labor and entrepreneurship ranged from $8,232 (Central Plains) to $14,666 (Pacific Northwest). The net annual benefits of land ownership ranged from 2.2 to 9.1 percent of the market value of the land. 000324004 546__ $$aEnglish 000324004 650__ $$aAgricultural and Food Policy 000324004 650__ $$aCrop Production/Industries 000324004 650__ $$aFarm Management 000324004 650__ $$aFinancial Economics 000324004 650__ $$aInternational Relations/Trade 000324004 650__ $$aLand Economics/Use 000324004 650__ $$aMarketing 000324004 650__ $$aProduction Economics 000324004 6531_ $$aCommercial wheat farms 000324004 6531_ $$aproduction costs 000324004 6531_ $$afinancial returns 000324004 6531_ $$apartitioning financial returns 000324004 700__ $$aWeisgerber, P. 000324004 8560_ $$fwkolson@comcast.net 000324004 8564_ $$9641fda4e-eed2-4b6b-af11-8658588e9420$$s1970831$$uhttps://ageconsearch.umn.edu/record/324004/files/ERS-480.pdf 000324004 909CO $$ooai:ageconsearch.umn.edu:324004$$pGLOBAL_SET 000324004 913__ $$aBy depositing this Content ('Content') in AgEcon Search, I agree that I am solely responsible for any consequences of uploading this Content to AgEcon Search and making it publicly available, and I represent and warrant that: I am either the sole creator and the owner of the copyrights and all other rights in the Content; or, without obtaining another’s permission, I have the right to deposit the Content in an archive such as AgEcon Search. To the extent that any portions of the Content are not my own creation, they are used with the copyright holder’s express permission or as permitted by law. Additionally, the Content does not infringe the copyrights or other intellectual property rights of another, nor does the Content violate any laws or another’s rights of privacy or publicity. The Content contains no restricted, private, confidential, or otherwise protected data or information that should not be publicly shared. I understand that AgEcon Search will do its best to provide perpetual access to my Content. In order to support these efforts, I grant the Regents of the University of Minnesota ('University'), through AgEcon Search, the following non-exclusive, irrevocable, royalty-free, world-wide rights and licenses: to access, reproduce, distribute and publicly display the Content, in whole or in part, in order to secure, preserve and make it publicly available, and to make derivative works based upon the Content in order to migrate the Content to other media or formats, or to preserve its public access. These terms do not transfer ownership of the copyright(s) in the Content. These terms only grant to the University the limited license outlined above. 000324004 980__ $$a1485