December, 1931] Dairy Fakmixg ix Gkaftox County 



37 



Output index is a figure expressing the relative quantity of products 

 produced per man by combining on each farm the work units per man 

 and the yiekls of crops and animals. The production index for each 

 farm was multiplied by the percentage that man work units per man 

 on that farm were of the average man work units per man for all 

 farms. 



Pounds of milk per cow is the amount of milk produced including the 

 equivalent of butter or cream sold or used on the farm divided by the 

 average number of cows on that farm. 



Animal Unit. As a general method of comparing livestock, the ani- 

 mal unit is used. This measure is based on the amount of feed con- 

 sumed and the amount of manure produced. Seven sheep, for example, 

 eat about as much feed as a cow and produce about the same value in 

 manure, although the manure is drier and weighs less. One cow. bull, 

 steer, or horse is counted as an animal unit and other animals are com- 

 pared to these. Young stock are usually counted as eqvial to one-half 

 of a mature animal. Seven shee]), fourteen lambs, five hogs, ten pigs, 

 two heifers, two colts, and one hundred hens are each counted as an 

 animal unit. 



Labor costs per man work unit is the sum of the estimated cash value 

 of the operator's time and all expenses for hired labor including board 

 for both paid and unpaid labor divided by the total number of man 

 work units represented by the farm business. 



Nov ember- June ratio is a percentage comparison of the amount of 

 milk produced on the farm in November with the amount produced in 

 June. It is an attempt to get some measure of the production in win- 

 ter as compared Avitli that in summer. AVith spring freshening cows 

 turned on pasture, June typifies a high-production month. In north- 

 eastern markets, any shortage of milk for consumption is usually mani- 

 fested in the fall. November is assumed to be typical of a low-produc- 

 tion month. 



FINANCIAL SUMMARY 

 Capital 



The average amount of capital invested per farm for the Grafton 

 County area was $11,210 (395 farms). The distribution of the capital 

 is given in Table 28. Of the total value, 36 per cent was in buildings 



Table 28 — Showing the average distribution of capital (395 farms). 



Value 



per 



farm. 



Per cent 



of 



total. 



Buildings $4,034 



Land 3,164 



Total real estate $7,198 



Livestock 2,724 



Farm motors 254 



Milking machines 83 



Other farm machinery 727 



Feed and supplies 93 



Cash 131 



Total $11,210 



36.0 



28.2 



64.2 



24.3 



2.3 



0.7 

 6.5 

 0.8 

 1.2 



100.0 



