18 



cc 

 < 



o 



Q 



in 



Q 



< 

 o 



X 



14 



12 



10 



8 



HIGH 



MEDIUM 



NO HAY SALES 



HAY SALES AT 

 $27.00/ TON 



NET INCOME FUNCTIONS FOR THREE MILK 

 RESPONSE FUNCTIONS. 

 MILK PRICE = $6.00 PER CWT 

 CROPLAND = 100 ACRES 



1 



10 



20 



30 

 COWS 



40 



50 



60 



Figure 8. Net income functions for 100 acres of cropland and various 

 numbers of low, medium or high quality cows with a milk price of $6.00 per 

 cwt. and with and without hay sales. 



27 



