Table 11. Estimated Change in Annual Net Returns from Replacing Corn 

 Grain with Corn Silage — Nine Cows Added. 



Changes in Returns 



Milk sales 

 Livestock (culls) 

 Com grain 



Total 



$4,500 

 500 



— 84 



$4,916 



Changes in Expenses 

 Crops: Fuel and lub. 

 Machine hire 



Livestock: Feed 



Breeding and veterinary 

 Milk testing and marketing 

 Miscellaneous 



Other: Building repair 

 Taxes 



Hired labor 

 Depreciation 

 Interest 



Total 



Estimated Change in Net Returns to Labor and Management 



} 12 

 105 



3,020 

 101 

 234 

 279 



63 

 50 

 61 



94 

 337 



$4,332 

 +$ 584 



Table 12. Estimated Change in Annual Net Returns from Buying 

 Additional Hay — Five Cows Added. 



Changes in Returns 



Milk sales 

 Livestock (culls) 

 Com grain 



Total 



$2,500 



278 



— 84 



$2,694 



Changes in Expenses 

 Livestock: Feed 



Hay purchased (31 ton) 

 Breeding and veterinary 

 Milk testing and marketing 

 Miscellaneous 



Other: Building repair 

 Taxes 



Hired labor 

 Depreciation 

 Interest 



Total 



Estimated Change in Net Returns to Labor and Management 



i 562 



1,080 



56 



130 



155 



35 

 28 

 23 

 52 

 190 



$2,311 



+$ 383 



15 



