Table 1.
Revenue and cost statistics for analysis of Camelina adoption based on 2007 agricultural census data for winter wheat-fallow system and representative budget data and yield experimental data for Camelina.
Farm size | Wheat yield (bu/acre) |
Wheat revenue ($/farm) |
Other crops revenue ($/farm) | Wheat and other crops cost ($/farm) | Govt. subsidies ($/farm) | Camelina yield (lbs/acre) | Camelina revenue ($/farm) | Camelina cost ($/farm) | |
---|---|---|---|---|---|---|---|---|---|
System 1 (Winter wheat - fallow rotation) | |||||||||
Large | Mean | 50 | 473,095 | 15,341 | 273,879 | 60,744 | |||
Std Dev | 15 | 206,054 | 15,427 | 199,556 | 33,640 | ||||
Small | Mean | 51 | 65,360 | 4921 | 69,219 | 12,827 | |||
Std Dev | 18 | 42,245 | 10,626 | 55,755 | 8887 | ||||
System 2 (Winter wheat - Camelina rotation) | |||||||||
Large | Mean | 32 | 307,512 | 15,341 | 273,879 | 60,744 | 1400 | 532,000 | 284,050 |
Std Dev | 50 | 133,935 | 15,427 | 199,556 | 33,640 | n.a. | 231,710 | 123,716 | |
Small | Mean | 33 | 65,360 | 4921 | 69,219 | 12,827 | 1400 | 98,000 | 87,500 |
Std Dev | 12 | 27,459 | 10,626 | 55,755 | 8887 | n.a. | 41,172 | 36,761 |
Note: mean large farm size = 4170 acres, mean small farm size 720 acres.