Show IS 13 FARMING A PAYING BUSINESS some interesting facts and Figure Figures sj for tillers of soil that the american type of farming needs large areas in contrast to the european type and the ithe modern machinery with the use UBO of more horses and fewer men has made the small farm an inefficient ault gre are conclusions of scientists of the department of agriculture who have recently completed a farm management sur our vey in the corn belt the following facts are taken from bulletin no 41 entitled A farm management survey of three representative areas in indiana illinois and iowa states in the corn belt were chosen for this survey because they excel almost all other continued on pace age 8 10 I 1 A falt 11 IS FARMING A PAYING Contin continued tied from pa page g e 1 regions in wealth of farm products on rich soll soil with ample a system of agi Is found that is un equalia as an example of the expansive type of farming in ili the region studied the owners made good profits pio pi of its fits the average labor income of the faun faim owners operating their own farms was as and of the tenants in ili addition the operators had bad a house to live in and those products which the farm furnished toward their living the landlords on oil the aver age I 1 deceived 35 per cent on their investments ina the she ol 01 their investments lind had no appreciable prec preci able lable bearing on the rato rate of income assuming that the year in ili which this study was made was a normal one a labor income of to the operator whether onner or tenant anti and a ledurn of 3 R 5 per cent on oil tho the capital invested may be expected the tenants nanta te income is in direct to ills his capital and the size of tile the falm faim lic he operates men alen owning small farms barins often materially increase their incomes by lent ing additional land this af lords a bt ater utilization of their equipment without much increase Inci enBe ease in capital the tenants income Is ib in proportion to the risk lie he assumes on the cash rent basis his income is greater in a good year acar and less in ili a poor year than when he rents on tho the share basis the farmers making the lowest 1 laboi incomes ire are on oil big barnis but fall through inefficient management poor crops low prices for products sold poor stock failure to work and unusual capital are the main causes contributing to their failure modern machinery with the use of more horses and fewel fedei men has made the farm of less than acres in this region an ail inefficient unit hiir thor le ie adjustments in ar area 1 I will occur which will tend t lesson lessen tho the number of persons needed and at the same time increase inci luci ease case the net production ol of tho the farm in ili the corn belt states tho the family size farm is the most deil desirable rable it provides work for the farmer and his bons and pei m its the best use of men inen horbes and if the small farm has a place it must be nar mar a city and should hould be highly diversified in fit its organization approximately one third of the total expense is 14 for laboi label on oil the fairns examined by fit the office of farm management of the decarti department nent of agriculture the average value of the farm buildings on tile tho owner jarnis aas as 2 1 and on the tenant daims 1652 it w we 0 iii lude the cost of new boffil buildings ings and cash ie repairs pairs the annual charge is 5 2 per cent of the building investment on daims and 1 4 per cent on those tented these percentages cen ate aie highee than they would be in a aglon that has been settled langei and where fedei now bil bildings balding ding ea elected ceded the average amount invested in farm machinery and on the owner farms is the annual expense for new machinery and cash repairs lf if 9 per cent of the value this amounts to no 50 cents per crop acre per lier yeal on oil the rented farms the anel age amount invested is and the cash paid out foi new machinery machi neu harness und and ic patis palls is pet pel cent of the inventory value this it a cost of 50 cen per acre it is expect vJ that thai the leo cost t would be kinhei liel on oil the latter as men just Var atin barthi thi in fit Ifa farming as tenants aull I 1 be likely to kutchai pu nuro rf rc r machinery all the farma in V to v tc ie eglons gions studied are f ll the same general system of agriculture developed on oil the basis of maxim im product per man within this thia system two important tyas ayi are found one la Is the crop crol farm 50 per cent or over of the total f it in re ell Is are derived frow from ali the calv of grain the othar type tap 13 1 3 the livestock live stock farm aliete the far nier mer marks s hip hi cioth carpe ly through ho bot doieg se es ani and beef cattle th tha number ol of men fol follow loNing nur ilch tip daiy greatly in diff bont yeats years according to the pric prices es of cattle and hogs however in ili the present farm investigations the livo stoel inan a langei acca aiea and more cattle and nerv ero a mild higher laboi income the average labor income of the farmer who cialeo his farm Is 8 pet pei farm anti and of the li liveston vesto 1 men |