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Show FIGURES ON BEET SUGAR BUSINESS Provo, Nov. 20. The committee appointed ap-pointed by the Utah county farm bureau bur-eau to investigate the cost of beets and sugar production has formulated the following report in part, which will be made a basis for asking for an increase in price of beets by the beet growers: The average cost of growing each acre of sugar beets in Utah in 1915 was 56.46 for a twelve-ton twelve-ton crop. Twelve tons was the average yield for Utah in 1915. The price received was $5.10 per ton a total of $61.20 per acre. This left a net profit of $4.74 per acre, or 39 1-2 cents per ton to the farmer. According to testimony given by tho Sprockles Sugar company com-pany of California, this concern produces sugar at a cost of $2.70 per hundred. It costs the Ox-nard Ox-nard factory of California $2.81 per hundred. E. W. Combs of the Great Western Sugar company of Colorado testified that It costs his company $2.56. This is an average aver-age of $2.69 per hundred for the production of sugar the cost of beets, labor, Interest and overhead over-head charges all considered. The average price received by the sugar companies of Utah last year for their sugar was $5.75 per hundred. When we subtract the cost of production, $2.69, it leaves a net nrofit to tho sucilt comnanv of $3.06 per sack. Three hundred pounds of sugar are made from one ton of beets In Utah. This made them a net profit of $9.18 on each ton of beets they bought, while tho farmer made only 39 1-2 cents per ton. At the present time sugar Is being' be-ing' sold by tho sugar factories at $8.15 per bag in Utah and $7.65 per bag on the river market. Taking Tak-ing $7.75 as the average price, it leaves them a clear profit of $4.21 for each sack, or S12.63 for everv ton of beets they purchase from the farmers. This on the basis of their highest cost of production figures $3.54. Taking the low average av-erage $2.69,,they are clearing $5.06 per bag, or $15-18 per ton of beets. The Utah county farm bureau is asking tho co-operation of all beet growers in Utah In socuring a fair and reasonable profit from beet growing. A committee representing' all the beet Interests of Utah will meet in Salt Lake City in the near future to discuss contracts for 1917. oo |