INTENSIVE AND EXTENSIVE FARMING 171 



this combination of good cows and good crops, 9 failed 

 to make labor incomes as good as the average. These 

 were small farms. 



112. Comparative importance of yields and size and 

 diversity of business. The combination of size of 

 business and diversity is even more important than high 

 production. It appears that the reduction in cost by 

 having a business large enough and diversified enough to 

 keep men, horses, and machinery busy is greater than the 

 reduction in cost that comes from high yields of crops 

 and production of animals. There were 71 farms of over 

 200 acres that derived over 20 per cent of their receipts 

 from crops. The labor income on these farms averaged 

 S1044. Thirty-three were above $1000. 



A farm ought to have crop yields and cows as good or 

 better than the average. This means receipts per cow 

 of $59 or more from milk and butter. There were 31 

 farms of over 200 acres that secured crop yields as good or 

 better than the average and that also had cows as good or 

 better than the average. The average labor income on 

 these farms was $1567. 



If we add the further qualification that the farms shall 

 be diversified, the profits are still larger. There were 13 

 of these large farms with production as good or better than 

 the average that derived over 20 per cent of their receipts 

 from crops. The average labor income on these farms was 

 S1968. The lowest was $1093. 



The importance of high production has long been em- 

 phasized, but it appears that a size of business and type 

 of farming that provide full work for labor and equipment 

 are even more important than high production. The 

 largest profits come when good production is combined with 

 the proper size of farm and type of farming. 



