WILL MORE FORAGE PAY 



27 



through handling feeder calves or through the keeping of a few dual- 

 purpose cows and the handling of a smaller number of feeder calves. 



Table 7. — Comparative data of alternative production plans for a 

 ISO-acre cash-grain farm of the western Corn Belt 



Item 



Crop acreages: 



Corn L__. 



Oats 



Hay 



Sweet clover in oats as green manure - 



Rotation pasture 



Permanent pasture 



Important kinds of livestock: 



Hogs sold 



Milk cows 



Feeder calves bought 



Fat cattle sold 



Laying flock 



Receipts and expenditures: 

 Medium price level: 



Cash receipts 



Cash expenditures 



Xet cash farm income 



High price level: 



Cash receipts 



Ca>h expenditures 



Xet cash farm income 



Xew investments needed compared with 

 present plan: 

 Medium price level: 



Limestone 



Machinery 



Livestock, excluding feeder calves 



Xo. 1 

 present 



plan 

 cash- 



grain 



Xo. 2 

 plan with 

 feeder 

 calves 

 wintered 

 on hay 



and 

 finished 

 on pas- 

 ture 



Acres 



85 

 40 

 20 



10 



Head 

 31 

 3 



100 



Dollars 

 4.934 

 1,764 

 3. 170 



7. 357 

 2. 664 

 5, 183 



Xo. 3 



plan with 



milk 



cows. 



feeder 

 calves, 

 and 16 



brood 



sows 



Xo. 4 

 plan with 

 green- 

 manure 

 crop 



Acres 

 35 

 35 

 23 



52 

 10 



Head 



31 



3 



75 



75 



100 



Dollars 

 10. 797 

 ; 5. 846 



2 4, 951 



15, 021 



3 8, 056 

 2 6, 965 



950 

 700 



Acres 



54 

 27 

 24 



40 

 10 



Head 



99 



8 



19 



25 



100 



Acres 



62i g 



62l; 



20 

 (42^) 



~~io~~ 



Head 

 31 

 3 



100 



Dollars Dollars 



8. 798 5. 223 



13.175 1.936 



2 5, 623 2 3. 287 



12.040 

 3 3, 989 

 2 8, 051 



950 



700 



1,000 



7.917 

 2. 360 

 5. 557 



900 

 60 



i Includes cost of feeder calves bought. 82.900 for plan 2. S750 for plan 3. 



2 Excludes interest on any money borrowed to make new investments necessary 

 for production plan. 



3 Includes cost of feeder calves bought, $4,400 for plan 2, $1,100 for plan 3. 



A production plan for the farm in which feeder calves would be 

 finished for market — plan '2 of table 7 — would be based upon an ap- 

 proximate 4-year rotation of crops involving 1 year of corn. 1 year of 

 small grain, and 2 years of a bromegrass-alfalfa mixture. The 10 

 acres of permanent pasture would be seeded to a bromegrass-alfalfa 

 mixture. An initial application of 310 tons of limestone, an average 

 of 2 tons an acre on the 155 acres, would involve an investment of $950 

 under medium prices. Following the first complete liming, fields 

 would receive supplemental applications of limestone at the rate of 1 



