Preferred Term:
production costs
Definition:
The sum, measured in dollars, of all purchased inputs and other expenses necessary to produce farm products. Cost of production statistics may be expressed as an average per animal, per acre, or per unit of production (bushel, pound, or hundredweight) for all farms in an area or in the country.
Concept Schemes:
NALT Core
NALT Full
NALT Full
Broader Concept:
Narrower Concepts:
Entry Terms:
- production expenses
- cost of production
URI:
https://lod.nal.usda.gov/nalt/29564
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RDF/XMLCreated 2006-01-19, last modified 2018-02-27
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