18 



16 



en 

 < 



o 



Q 

 Ll_ 



o 



en 

 o 



< 

 en 



Z) 



o 



X 



NET INCOME FUNCTIONS FOR 

 THREE MILK PRICES 

 HIGH MILK RESPONSE FUNCTION 

 CROPLAND = 100 ACRES 



$5.00/CWT 



— 



8 



6 00/CWT 



$4.00/CWT 



NO HAY SALES 



HAY SALES AT 

 $27.00/ TON 



2- 







10 



20 



30 



40 



50 



60 



COWS 



Figure 5. Net income functions for 100 acres of cropland and various num- 

 bers of high quality cows with 3 prices of milk and with and without hay sales. 



24 



