14 



BULLETIN 1069, TJ. S. DEPARTMENT OF AGRICULTURE. 



increased production is accompanied by increased income over cost 

 of feed regardless of breed, age, weight, date of freshening, or geo- 

 graphical location. 



PRICES AND PROFITS. 



Several tabulations were made to determine, if possible, whether 

 cows which were large producers of milk and butterfat are rela- 

 tively more profitable or relatively less profitable when prices are 

 high than when they are low. The results of such tabulations have 

 so far been inconclusive, and for that reason the figures have been 

 omitted. In every case of those studied, however, the low producers 

 had a high feed cost per unit of production, low returns for $1 ex- 

 pended for feed, and small income over cost of feed. In every case 

 the high producers had a low feed cost per unit of production, large 

 returns for $1 expended for feed, and a high income over cost of 

 feed. 



RELATION OF MILK PRODUCTION TO INCOME. 



MILK PRODUCTION AND INCOME OVER COST OF FEED. 



Table 6 shows the relation of milk production to income over cost 

 of feed in associations where the product was sold as whole milk. 

 The results are much the same as those obtained from associations 

 where the income was from the sale of butterfat. 



Table 6. — Relation of milk production to income over cost of feed when product 

 was sold as whole milk; wears 1915 to 1920, iiiclusvve — From 3,220 yearly 

 records. 





Number 



of 

 records. 



Milk production. 



Average 

 price of 

 milk 

 per 100 

 pounds. 



Average 

 income 



Group No. 1 



Range. 



Average. 



over 

 cost of 

 feed. 



1 



16 



223 



724 



927 



671 



371 



181 



58 



34 



7 



4 



1 



1 



1 



1 



Pounds. 



751- 2,250 



2, 251- 3, 750 



3, 751- 5, 250 



5, 251- 6, 750 



6,751- 8,250 



8,251- 9,750 



9,751-11,250 



11, 251-12, 750 



12.751-14,250 



14, 251-15, 750 



15,751-17,250 



17,251-17,750 



17, 751-18, 250 



18, 751-19, 250 



19, 751-20, 250 



Pounds. 



1,662 



3,250 



4,605 



5,970 



7,429 



8,918 



10,354 



11,881 



13, 250 



15,042 



16, 076 



17, 387 



18, 207 



18, 894 



20, 168 



$2.56 

 2.53 

 2.53 

 2.46 

 2.40 

 2.42 

 2.42 

 2.45 

 2.51 

 2.20 

 2.24 

 2.02 

 2.14 

 2.31 

 1.93 



$3.47 



2 



32.25 



3 



59. 58 



4 



82.96 



5 



105. 36 



6 



131. 93 



7 



156. 51 



8 



181.29 



9 



218. 19 



10 



224.18 



11 



219.50 



12 



223.68 



13 



212.99 



14 



286.06 



15 



222. 91 







Total 



3,220 











Average : 





6 575 



92.11 















1 The records were sorted on the basis of milk production, allowing a difference of 1,500 pounds between 

 group centers. 



