crop enterprises, agricultural economics, South Dakota crops
Budgets in this publication reflect average yields and production costs for individual areas of the state. Yields are based on ASCS 1976 projected yields for wheat, corn, barley and sorghum. Yields for other crops are based on estimates by Extension agronomists and Farm Management Specialists. The budgets are intended to serve as planning guides for farmers, ranchers, teachers, extension personnel and other individuals or groups who may have use for such information. No single budget can reflect the private situation of all individual producers. There are differences in rate of fertilizer use, weed and pest control practices and machine operations performed. These are just a few of the variables involved. Price of prqduct as well as price of inputs is perhaps the single most important variable affecting return above cost for forward planning purposes. Therefore, provision is made for revision of the budgets according to need. Budgets in this publication may be revised or updated in several ways:
1. By use of a computer terminal.
2. By manual calculations under the column headed "your estimate" on each budget page. Individuals may find this to be the quickest and easiest way to revise a single budget.
3. By changing prices stored in the data bank price file and calling for a computer revision of all budgets under a new set of prices.
It should be noted that each enterprise has budget data presented on the front and back side of a single page. The front side contains a summary of the costs and returns as well as resource requirements. The back side of each budget page contains basic data on file in the computer data bank from which calculations are made to determine the costs and returns as presented on the front side of the page.
Agricultural Experiment Station, South Dakota State University, Brookings
Allen, H.R. and Jibben, D.H., "Budgets for Major Crop Enterprises in South Dakota" (1979). Agricultural Experiment Station Circulars. 175.