HERD SIZE AND CAPITAL 



Figure 1 shows the total capital investment as determined from farmer 

 interview of all farms in the survey, plotted against herd size in animal 

 units. Figure 1 also shows a regression line fitted to the plotted points.-^ 



Table 1. Total Capital per Animal Unit, Survey Farms 



1 Calculated from inventory lists. 



28 



Figure 2 



26 — 



24 



22 



520 

 o 



■«» 



16 



c 

 => 16 



< 



S|2 



"5 



o 

 o 



_ 8 

 o 



o 



•- 6 



HERD SIZE AND TOTAL CAPITAL PER ANIMAL UNIT, 

 SURVEY FARMS 



— I 1 r 



"I r 



T 



~r 



alculated 



From operators' 

 lump-sum « 

 of total cc 



J L 



I 



J L 



_L 



_L 



_L 



_L 



J L 



_L 



J L 



5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100 



Animal Units 



8 16 24 32 40 48 56 64 72 80 



Cows 



3 The correlation coefficient is 0.82. 



