. 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 thaJi a year old, ISO yearlings, ?.hh 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>100 horses less than 21 years old on these farmsat the end of a 20-year period, as compared with the 5,573 horses now onthese farms. In other words, present replacements will furnish in 20 yearsmuch less tlian half our present number of horses.
. 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 thaJi a year old, ISO yearlings, ?.hh 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>100 horses less than 21 years old on these farmsat the end of a 20-year period, as compared with the 5,573 horses now onthese farms. In other words, present replacements will furnish in 20 yearsmuch less tlian half our present number of horses. To meet their needs forpower, Illinois farmers must replace more horses with mechanical power,raise more colts, or do both. Farmers v;ho plan to use horses in the futureshould start now to raise or buy some young ones, since the price of horseshas already started to rise. Changes that have taken place in the last 7 years in the numberof horses of various ages on Illinois farms are shown by the followingcliart: Percent of total30. 192b 1932Under U yrs 1926 1932U to 7 192b 1932S to 11 1926 19321 1926 193212 to 15! 16 to 19 1926 193220 & over Agespercentage Distribution of Horses by Ages—Illinois Farms, I926 and 1932 -308- Variations in Eariiinis;s Over Five-Year Period Some comparative investoent and earning data on accounting farms inJersey County for 1927 to 1931 are shown in the following table. The rateearned dropped sh;irply in 1930 and again in 1931. Both the gross income andthe operating cost per acre were lower in 1951 than in 1930. The income fromcrops was lower in 1931 in spite of the tetter crop yields. Comparison of Earnings and Investments on Accounting Fariiis inJersey Connty for 1937-1931 Items Nomher of farms ---------- Average size of farms, acres- - - - Average rate earned, to pay for management, risk and capital - - -Average labor and management wage - Gross income per acre ------- Operating cost per acre ------ Average value of land per acre- - -Total invest
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