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University of Kentucky materials are on ExploreUK. This item: Image 33 of Annual report. 1923.

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Image 33 of Annual report. 1923

Part of Kentucky Agricultural Experiment Station

Kentucky Agricultural Experiment Statfion 27 was From the table, it will be seen that the profitable farms pep had expenses of $46 for every $100 of receipts, while the un- 1;-m_ profitable farms had $67 of expenses for every $100 of receipts, item and the- average farm had $52. The average farmer’s net pm- earnings for his year ’s work was $1,031. Of this amount, $332 OYSB g was the value of meat, poultry, dairy and garden products, etc., which the farm furnished the family. wm A Business Analysis of 84 Farms in LaRue County. This ;um_ study was along the same lines as that in Fleming and Mason mt Counties. The following table shows some signincant con- Orsc trasts in the best ten of these farms as compared with the aver- $100 age of the entire number. iilar Comparison of the Average 84 Farms with the Average of the Best the 10 Farms. fen Average Average hich 84 farms Ibest 10 farms irms _ Labor income l.....................,,...................... $332 $1,371 KOIIS, Total acres in farm ,...______,_________________________ 150 160 H as Expenses per $100 income ,______,,,,_______ 49 38 H _ Crop index ................i...........,,.....,............,. 100 ' 128 , lm Returns per productive animal unit .... 70 i _92 · ugly Returns per $100 feed {ed .......,,.,......,.... 123 | _ 167 T1 · Productive work units per man• ._.......... | 236 273 _ Us Productive work units per horse ___,__,_____ 54 58 Price per pound for tobacco .......,............ i 22 | 26 °‘ Attention is called to the striking difference in the re- ceipts from thc two groups of farms, to the difference in the is expense per $100 of income, to the difference in crop yields, to the marked difference in efficiency in results from live stock and to the greater efficiency in the use of man labor and horse ; labor. The relation of labor efficiency to profits is shown in r the following table. ) g Relation of Labor Efficiency to Labor Income. i _ . _ _ _] 7 A\’€;E@r8_l7IQ)·! ) Pmdm'EW€_da>S Of 3No. of farms ductive w0rkiLabor Income work pei man i i . , ..._..n_?;__fom;L‘1ELA._jé ’ i V i L Less than 200 __________,,,,__ i 29 166 $108 ,,7 200 to 270 e..........._____.._,,_, i 28 234 277 ‘ U Qver 270 ........,....l..e......... 27 314 | 665 i

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