WHEAT PRODUCTION COSTS PER BUSHEL FOR WHEAT-FALLOW, THREE YEAR ROTATION AND CONTINUOUS CROPPING, NEBRASKA 1978-79
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In 1978 Nebraska farmers produced approximately 77.7 million
bushels of winter wheat on dryland acres. The three basic production
systems used were wheat fallow (2-yr. rotation), wheat-fallow- corn or
sorghum often referred to as the three year' rotation, and continuous
wheat.
Detailed production cost studies assist wheat growers in compiling
their operation costs to other growers with similar production conditions
and acreages of wheat. Cost of production information is a
function of yield, variable cash costs, fixed costs, and the acres of
wheat produced. A study of this type estimates production costs at one
point in time. Annual revision of production cost figures is necessary
as fuel and other input prices change.