PART III 



The Specialized Dairy Farming Business 



The farms included in this group were those where at least 50% of the gross 

 farm receipts came from the sale of products_from the dairy herd. 



THE EFFECT OF SEI/MNG CASH CROPS ON LABOUR INCOME. 



Table No. 17. 



Table No. 17 was prepared to show the effect of selling cash crops on the 

 labour income of specialized dairy farms. With interest on investment calculated 

 at both 7% and 3%%, the labour income increased with the higher percentage 

 of receipts that came from the sale of crops. It should also be noted that the 

 number of animal units per acre decreased with the increased sale of farm crops. 

 The size of the farms, in case of the group which sold most crop, was larger 

 than that in the other groups, and yet the labour income was better. Previous 

 tables show that, on the average, the large farms returned lower labour incomes 

 when 7% interest was charged on investment. The operators of large farms, how- 

 ever, who sold a relatively high percentage of crops overcame this disadvantage. 

 With interest calculated at 3%%, these farmers received a much better labour 

 income than the operators of the smaller groups. 



LABOUR INCOME AS IT IS AFFECTED BY THE PERCENTAGE OF 

 TILLABLE AREA OF THE FARM USED AS PASTURE. 



Table No. 18.' 



Table No. 18 brings out the effect of varying percentages of total farm area 

 kept in pasture on the returns from the farm during the year covered by this 

 investigation. 



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