Farm Size and Cost Relationships in Relation to Recent Machine Technology an Analysis of Potential Farm Change by Static and Game Theoretic Methods, May 1962

(1962) Farm Size and Cost Relationships in Relation to Recent Machine Technology an Analysis of Potential Farm Change by Static and Game Theoretic Methods, May 1962. Iowa State University

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Abstract

This study includes estimates of the relation of more recent machine technology to per-unit costs of crop production for farms of different sizes. The types of new machine technology of particular interest include large-capacity equipment such as 4- and 6-row corn planting and cultivating equipment and picker sheller harvesting machines. A hypothesis generally held by persons concerned with agriculture is that these large-capacity machines, with high fixed costs which must be spread over more acre, stand to cause an important increase in farm size. This study is based on data for the Carrington-Clyde soils in northeast Iowa and the Ida-Monona soils in western Iowa.