Table 24. Additional Investment and Net Farm Income Possible for a Typical Dairy Farm 



by Shifting from 25 Cows and Raised Replacements to Alternative Herd Sizes and Varying 



Combinations of Raised and Purchased Replacements for Both Price Situations 



Alternative 3 calls for raising some and buying some of the dairy herd 

 replacements. The herd composition, as shown in Tables 22 and 23, for the 

 two price situations is 14 raised cows and 21 purchased cows. Enough 

 replacements would be raised to utilize fully the specialized housing facili- 

 ties and pasture available for use by young stock only. Each year, 4 re- 

 placements would be raised and 6 would be bought. The labor force still 

 would not be fully employed. However, to carry the additional livestock, 

 the operator would need to buy 48 tons of hay equivalent annually. Under 

 price situation I, additional net farm income would be increased considerably 

 above that received originally and under alternatives 1 and 2 (Table 24). 

 Eor price situation II, income under alternative 3 would exceed the original 

 and alternative 1 but would be about equal to that from alternative 2. 



Alternative 4. The typical dairy farm has many resources that were 

 underemployed at the time of the study. With 25 cows and raised replace- 

 ments, some building space and some labor were not used. An increase in 

 the number of cows from 25 to 35 produced considerable additional net 



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