. Bulletin. Agriculture -- New Hampshire. 10 University of New Hampshire [Sta. Bull. 322 CE03S INCOME PEC COW GpoJi INCOME PEB some operators who fed a. cow IE55CPAIN COST |.^,.j,e amouiit ot grain had no larger return over grain cost per cow than others who fed less grain. Ftnir farms, represent- ed in heavy lines in fig- ure 6. stand out in par- ticular as instances in which the grain cost took a large toll from the to- tal receipts. The first farm with a gross in- come of $126 per cow FiGUUE 6. Relation between gross income per cow and gross income less grain cost per cow on individual farm
. Bulletin. Agriculture -- New Hampshire. 10 University of New Hampshire [Sta. Bull. 322 CE03S INCOME PEC COW GpoJi INCOME PEB some operators who fed a. cow IE55CPAIN COST |.^,.j,e amouiit ot grain had no larger return over grain cost per cow than others who fed less grain. Ftnir farms, represent- ed in heavy lines in fig- ure 6. stand out in par- ticular as instances in which the grain cost took a large toll from the to- tal receipts. The first farm with a gross in- come of $126 per cow FiGUUE 6. Relation between gross income per cow and gross income less grain cost per cow on individual farms. had no larger net returns than three other farms with m ore moderate grain feeding. The sec- ond farm with $112 gross per cow hacl no larger net returns than 13 oth- ers with less gross sales and less grain feeding. All the facts are not available to determine tin- most profitable amount of grain to feed on these individual farms but these lour farms were undoubt- edly fi-eding more grain than the i)rice situation justified. A few at the other extreme were not feeding sufficient grain to secure the highest net profit. Some of the very low grain feeding was induced by a lack of money to purchase grain at this period in the depression. A study of these same farms at a time when prices of both milk and grain had been stabilized for several years would probably show less divergence in grain feeding. The abnormal shift in prices, the lack of operating funds on some farms, and basic rating difficulties confused the operators and resulted in wide variations in ])ractices. It may be well to note that the additional milk produced beyond the point of jjrofilablc grain feeding contributed to the general sur- I)lus situation. Chore Labor Man labor required in daily chore work on cows and heifers is an imi)ortant item of cost in milk production, but because it largely represents the labor of the o])erator or his famil}- it must be handled differently in arriving at decisions. Man labor u
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