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 
Average of the seven 
ten farms. successful 
farms. 
Distribution of crops: 
ACVICTACE SIZE. On Panes eps sel ee eeeas 2.0, UO ACTOS Hie 163 |. 187 
LISD COs O'S es lest) Oana Tey ana ee eNO ee dosing 66 70 
IA AS EMIT Oye ee Poe ees ee eget one neta Oi HE aa does) 76 100 
PRCORMMORO TAU feces aja ye Soe ee dos 15 10 
iniconmitonisulages.m2 i age a ar a Se ar dome: 13 16 
U Tray \ yl AVE ia ces a te ae 2 eA do 13 15 
fina ACL Oyen ie esas eee rere se ae Ue areas Sta SRM Hon do 16 20 
Pin FEO ACCOM Meee a sere eta ets ee bie Veen SA do 4) 6 
Minpmnisee lame wo wseyeh ce) terete cal one oe hia. he do 4 3 
Distribution of live stock: 
Day COWS! Soe i A enamel ae a venta” number. . 27 40 
VGCOMDNIYES FS OYO) ceases ate Gh A ee ar a As Sa ee arcs el doses 21 16 
ON LOVES Ae sen le tea oe pea Cae Ree hae era lg dos ae: 29 25 
VEO) DII Heyes, APU S72 acl BEA OTE ene Airs ate ee OR doxeet 184 183 
Distribution of capital: : 
Rotalicapitalimvested:. sees e nie cee ha). vi cE ee $22, 552 $23, 622 — 
Motalworkineccapitales cy Mee Nee Ae Ae fs pte oP sro ie 4,764 5, 286 
IME baa tay eee ahs TURN IR SPR AS es Wis SU PUA Mais audates 2 gh 711 771 
Tinvestmentim:lnveistockes.: ees oa Mates Ee ie 3, 291 3, 699 
(CST ONS Lo) TED aNe Ray aa Leas LIE iM A At sn a ee pe ce 405 420 
iHeedsand sup piiessts sesame nis ces ome ee Monies lore oe 399 366 
Distribution of receipts: 
livc=stoc ka products! sacs Sabu Savas soe BAN Dae Se 3, 554 4,610 
livestock imventony and sales... 22.52.62) )2 bel 1, 048 1, 035 
Ocoposhecelpisnees sash ccs wae Le al a Lek 589 813 
Miscellaneous..... Ee aS hee os ST PN ae trea 120 235 
TRESS ie ca EE Ne ee eg lh eg ee ares a 5, 301" 6, 693 
Profits: 
FC CEM ISNCISCOW eee ee oc Se ORES el ue ee oa 126 164 
PAR CRAM CSIART GUA COMIC ese Ae ae een Lee Se 3, 149 4, 266 
AM CIACCE DOR MACOMIC erence lie ON Bk ck ery nie 1,773 2, 954 
Per cent net earnings on investment !..................-.- 10 14 
1 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 
