Cost Efficiency In U.S. Corn, Soybean, Wheat, and Cotton Production
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Between 1974 and 1983, intertemporal cost efficiency
for u.s. field crops increased about 1.4 to 1.2% percent for
corn, soybeans, and wheat and .2% per year for cotton.
competitive advantage in 1983 was held by central Illinois
and north central Iowa in corn, central Illinois in
soybeans, the Washington Palouse and central North Dakota in
wheat, and southern California in cotton relative to the
other selected regions in the study. Scale economies exist
in corn, soybean and wheat but not in cotton production.