PART 0. 

 Detailed Statements of Costa of Production of Farm Products. 



FARM No. 1. 

 Con**, OXFORD. 



Site of Farm : 300 acre* Arabia. 70 acres Pasture. 



Nature of Soil : Medium, Typical Barley Soil. 



System of Farming: Corn growing kc., little meat production. 



NOTE. In thi< case, systematic field and cost a/cs. have been 

 kept for the last 14 years upon a system devised and perfected by 

 the farmer himself. The system does n>:t accord in every respect 

 with conventional methods of farm costing, but it was intended for 

 the personal information and guidance of the farmer and from this 

 point of view it appears to be almost beyond criticism. The farm 

 is devoted mainly to corn-growing and the other departments are 

 made more or lees subservient to ' Corn -Crops." Thus, the corn- 

 crops are credited with straw at a nominal rate of 10*. per acre. 

 The total credit for straw i* carried to a straw account which is 

 credited with the price received for straw sold and the balance, if 

 any, at the end of the year, is distributed as accurately as possible 

 over live stock. The result is that in some years the live stock are 

 charged nothing for straw and in any case the charge made is low. 

 So charge has been made for interest on capital, for management 

 or for the work done by two sons (since 19U and 1918 respectively) 

 as the farmer was concerned in the first plate with ascertaining 

 the total " family income " from the farm. At the same time, he 

 is emphatic in the view that where costs- are to be used as a basis 

 for fixing fair prices to the producer, each of these three items 

 must be included. 



The accounts given below have been extracted verbatim from the 

 farm books, but in putting them forward for the purpose of the 

 present inquiry, additions have been made at certain points in 

 order to bring them into line with the other accounts submitted. 



HOESE LABOUR. 



The following is a statement of the average number of days 

 worked by each horse during the years 1918 and 1919. On this 

 farm the horses are kept very regularly at work all the year 

 round. 



Days. 

 25 

 24 

 "I 



21 



19 



25 



221 



23} 



17 



22} 

 22? 

 23f 



Month. 



Oct. 1917 



Nov. 



Deo. 



Jan. 1918 



Feb. 



March 



Ma? 

 June 



July 

 Aug. 

 Sept. 



Total 



365 days. 

 lot 62 Sundays. 



313 



263 worked. 



50 days idle through bad weather 

 and when horsemen engaged on 

 occasional threshing operations, &c. 



Month. 

 Oct. 1918 

 Nov. 

 !'.. . 



Jan. 1919 

 Feb. 

 March 

 April 

 May 



June 

 July 



Aug. 



Sept. 



/Horses idle while 

 \ men threshing, &c. 



Total 



239J 



365 days. 

 52 Sunday*. 



313 



240 worked. 



78 idle days (each horse). 



\Mli:\T No. I. 



COST OF GROWING 100 A' 

 8 Acres Fallow. 



Fallowing all summerand growing crop 



mustard on part 



Drag, drill and harrow 



Seed : 4 qrs. 73*. 6J., thick seeding, 



dragged in late 



Dung on part , Labour to it 3 4*. Id. 

 Aniti ial manure on part 

 Rent and rate* 



Harvesting 



Thresh and deliver 

 General a/c. 



16 Acres after Stubble. 



Plough, cultivate and plant 



Artficial Manure 



Seed 4j qrs. < 73* C,d 



Rent and rates 



Harvesting 



Thresh and market 



General a/c. 



HO Acres aft*r Sainfoin. 



Plough 



Cultivate and plant 

 Seod 9J qrs. (a 73*. 6J. 

 Artificial manure .. 

 Kent and rates 

 Harvesting 

 Thresh and market 

 General a/o. 



14 Acres after Fallows. 

 124 loads dun* on part ... 

 Dung carting and spreading 

 Work on Fallows 

 Cultivate and plant. 



Seed 



Rent and rates 



Harvesting 

 Thresh and market 

 General a/c. 



24 Acres after Stubble. 

 Dung and labour to it on part ... 

 Plough, cultivate and plant ... 



Seed 9J qrs 



Artificial manure... 



Rent and rates 



Harvesting 



Thresh and deliver 



General a/c. 



8 Acres after Roots. ' 

 Part residue root crop 

 Plough and plant 

 Seed 8J qrs. 

 Artificial manure... 

 Rent and rates 

 Harvesting 

 Thresh and market 

 General a/c. 



81 18 



Total 935 7 



Add Interest @ 5% 4615 



Management and Sons' work 1 25 



Total Cost 1107 2 



Average cost per acre 1 1 1 

 Average yield over 16 years 25j bush. Straw ciedited @ 10*. per 



ESTIMATE OF COST OF ABOVE FOR 1919 



Cost of 1918 crop as above 



Cost of manual labour was 348. At 1919 wage?, 



there would be an increase of 



Coot of horse labour was 170, Ail,/ w% 



CROP. 



*. 

 935 7 



132 

 34 



To other costs, Add 25 



1! 



Arid Interest at 5% per annum ... .V. 

 Management and Sons' work 135 



Total Cost 1317 13 



Average cost per acre ... 13 3 

 Average yield 25} bush. Straw to bo credited if) 10*. per acre 



NOTB. "General a/c." includes time lost by bad weather, olttM 

 up, hedging, ditching, fencing, insurance and all general work a 

 petty expenses which have not been already charged to a particu 

 account, 



