Costs of Storing Reserve Stocks of Corn in Country Elevators, at Bin Sites, and on Farms (Classic Reprint)

Download or read book Costs of Storing Reserve Stocks of Corn in Country Elevators, at Bin Sites, and on Farms (Classic Reprint) written by William Conrad Dachtler and published by Forgotten Books. This book was released on 2018-03-19 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Costs of Storing Reserve Stocks of Corn in Country Elevators, at Bin Sites, and on Farms The costs of storage in country elevators are based on accounting records of a sample of elevators selected to represent the principal types of construction, types of organization, and types of farming areas in the State. The storage capacity of elevators studied varied from 40, 000 to 800, 000 bushels, and all had some storage space con structed since 1946. Accounting records on all of the bins in a sample of 10 Iowa counties formed the basis for determining storage costs at bin sites. The counties were located throughout the State, and the study covered bin sites iri grain deficit areas as well as surplus grain producing areas. Storage facilities at bin sites included round metal bins, prefabricated steel structures, and wooden storage facilities. Capacity varied from about 300, 000 to over 4, 000, 000 bushels per county. Farm storage costs, on the other hand, are based on budgeted costs, using engi neering specifications for structures, rather than on accounting records. Costs of materials, construction, and maintenance were computed for three types of farm storage structures-the conventional double wooden corncrib, a prefabricated steel building with mechanical ventilation for ear corn storage, and the round steel bin used for shelled corn. The size of the farm storage units ranged from to bushels. The objective of this study was to measure and compare the costs of storing corn in alternative locations and types of structures. The problem was one of measuring storage costs in existing plants rather than one of minimizing costs or maximizing storage in come within the plants. The data collected included information ou volume and costs but not on profits or margins. Consequently, the study provides no basis for a comparison of the marginal productivity of resources allocated to the storage Operation or to other departments within the elevator plants studied. It was not designed to do so. Total and average storage costs are assumed to be continuous functions of plant volume which are not constant over the entire volume range. Therefore, this study was directed toward the descfription of the shape as well as the level of cost curves associated with the storage func ion. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.