. Farm financial record studies . is declining and the proportion of old horses increasing according toa recent study of the ages of horses on 1,157 farms. These farms had 155colts .less than .a year old, ISO , 2UU two-year-olds, and 293 three-year-olds. At the present rate of increase and allov;ing for no deaths atall, there will be only 3 AOO horses less than 21 years old on these farmsat the end of a 20-year period, with the 6,973 horses now onthese farros. In other words, present replacements will furnish in 20 yearsmuch less than h-alf our present mimber of horses. T
. Farm financial record studies . is declining and the proportion of old horses increasing according toa recent study of the ages of horses on 1,157 farms. These farms had 155colts .less than .a year old, ISO , 2UU two-year-olds, and 293 three-year-olds. At the present rate of increase and allov;ing for no deaths atall, there will be only 3 AOO horses less than 21 years old on these farmsat the end of a 20-year period, with the 6,973 horses now onthese farros. In other words, present replacements will furnish in 20 yearsmuch less than h-alf our present mimber of horses. To meet their needs forpower, Illinois farmers must replace more horses with meclianical power,raise more colts, or do both. Farmers who plan to use horses in the futureshould start now to raise or buy some yoimg ones , since the price of horseshas already started to rise, Clianges that have taken place in the last 7 years in the nxmberof horses of various ages on Illinois farms are shown by the followingchart: Percent of total30. 1926 1932Under U yrs 1926 1932U to 7 1926 1932S to 11 1926 1932 I 1926 193212 to 15j 16 to 19 1926 193220 3: over Ages AgesPercentage Distribution of Horses by Ages—Illinois Farms, I926 and 1932 -13S- Variations in Eaminfts Over Five-Year Period Some coirtpirative investment and earning data on accounting farms inHancock Coiinty for 1927 to 1931 are sliotni in the following table. The rateearned dropped sharply in 1950 and again in 1931 althoxigh the average land value■was $19 per acre higher in 1930» Both the gross income and the operating costper acre were lovver in 1931 than in 1930* Comparison of Earnings and Investments on Accounting Farms inHancock County for I927-I93I Items 1927 192s 1929 1930 1931 Kunher of farms -__„__ Average size of farms, acres- - - Average rate earned, to pay for management, risk and capital - -Average lahor and management wage Gross income per acre -Operating cost per acre Average value of land per acre-Total inves
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