TEN" DAIRY FARMS IN BLUEGRASS REGION OF KENTUCKY. 11 



butter is sold, the skim milk and buttermilk, if not sold, should be 

 utilized profitably by feeding it to hogs. 



COMPARISON OF THE SEVEN MORE SUCCESSFUL DAIRY FARMS WITH 

 THE AVERAGE OF TEN. 



It may be helpful to compare the average of the seven successful 

 dairy farms with the average of the whole group of ten, with respect 

 to the more essential factors, as shown below: 



Average of 

 ten farms. 



Average of 



the seven 



successful 



farms. 



Distribution of crops: 



Average size of farm acres . 



In crops do. . . 



In pasture do. .. 



In corn for grain do . . . 



In corn for silage do . . . 



In wheat do . . . 



In meadow .do . . . 



In tobacco '.. .do. .. 



In miscellaneous . .do . . . 



Distribution of live stock: 



Dairy cows number. 



Young stock do . . . 



Swine do... 



Poultry do. .. 



Distribution of capital: 



Total capital invested 



Total working capital 



Machinery 



Investment in live stock 



Cash to run farm 



Feed and supplies 



Distribution of receipts: 



Live-stock products 



Live-stock inventory and sales. 



Crop receipts 



Miscellaneous 



Total. 



Profits: 



Receipts per cow 



Average farm income 



Average labor income 



Per cent net earnings on investment 



163 

 66 

 76 

 15 

 13 

 13 

 16 

 5 

 4 



27 



21 



29 



184 



$22, 552 



4,764 



711 



3,291 



405 



355 



3,554 



1,048 



589 



120 



5,301 



126 



3,149 



1,773 



10 



187 



70 



100 



10 



16 



15 



20 



6 



3 



40 



16 



25 



183 



$23, 622 



5,286 



771 



3,699 



420 



366 



4,610 



1,035 



813 



235 



6,693 



164 



4,266 



2,954 



14 



i Per cent net earnings is obtained by dividing the farm income (less the value of operator's labor and 

 management) by the total farm investment. The average of operator's labor and management on the 

 ten farms as estimated by the farmer was $766; on the seven most successful. §866. 



These comparisons illustrate many of the points discussed in the 

 foregoing pages relative to the successful dairy farms. For instance, 

 the average successful farm had the largest business, as shown by the 



