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Average characteristics of sugar beet farms, 2000




 

Note: numbers will vary considerably for European farms as many countries discourage similar professionalism and merging of farms compared to the Americans. There are considerably smaller and less profitable farms in EU countries as far as I know.

 

 

Item All ARMS farms (Euro)
   
Farm finances (euro/farm)  
  Farm production value   399 524
Sugar beet production value 153 127
Net farm income 63 829
Assets 1 302 772
Debt 327 300
Farm equity 975 471
Debt-to-asset ratio (percent)
   
Income solvency group (% of farms)  
  Favourable (percent of farms)  
Marginal income
Marginal solvency
Vulnerable
   
Co-op share (%of farms)
   
Operator occupation (%)  
Farming as major occupation
   
Operator age (%)  
Less than 50 years
50-64 years
65 years or older
   
Operator education (%)  
High school or less
Some college
Completed college
   

 

Sugar beet production costs and returns, 2000 (Euro)

Item All ARMS farms
   
Gross return Euro per planted hectare
  Sugar beets total gross return  
   
Operating costs  
Seed
Fertiliser
Chemicals
Custom operations
Fuel, lube, and electricity
Repairs
Purchased irrigation water 10,6
Freight and dirt hauling 26,4
Miscellaneous 30,2
Hauling allowance (-) 14,3
Interest on operating capital 19,6
Hired labour
Total operating costs
Return over total operating costs
   
Ownership and other costs  
Capital recovery (machinery & equipment)
Taxes and insurance 29,5
General farm overhead
Opportunity cost of land
Opportunity cost of unpaid labour
Opportunity cost of coop share 41,5
Total (economic) costs
Return over total (economic) costs -44,5
   
  Tons per planted hectare
  Yield   55,3
   
   
Cost of production Euro per ton
  Total operating costs   13,87
Total operating and ownership costs 19,2
Total (economic) costs 28,17
   
Season-average price 25,89

 



* = 0.1 to less than 5 percent.

 

Source: 2000 USDA Agricultural Resource Management Survey

http://www.ers.usda.gov/publications/sb974-8/sb974-8.pdf

 

 

Distribution of sugar beet farms by farm typology group, 2000

 

Small <250 000 USD (low sales) 13%

Small <250 000 USD (high sales) 27%

 

Small family farms, those with annual sales of $250,000 and under, accounted for 40 percent of all sugar beet farms but contributed only 16 percent of the total sugar beet production.

 

Large >250 000: 31%

Very Large >250 000: large: 22%

 

Large family farms (annual sales more than $250,000) accounted for 53 percent of all sugar beet farms and just over three-fourths of the sugar beet production.

 

Others 7%

 

Enterprise sizeis an acreage measure which in this report is one of five categories: farms with fewer than 50 sugar beet acres, 50-149 sugar beet acres, 150-249 sugar beet acres, 250-499 sugar beet acres, and 500 or more sugar beet acres.

 

 


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