Show adeep sheep ev raisers realize more on lambs than on wool what money the idaho sheep opera tor lina has made during tho the past eight years lit haa boon been realized from tho the lamb iamb rather than tile the wool side of tho the industry it is revealed in 0 v cost of production suni summary mary by the idaho Wool growers association the eight year record 1924 to 1931 la Is reported by A 11 II calno pocatello chairman dmn of tile tho state association cost of production I 1 and B V P rino hart animal husbandman with tile tho university of idaho collego college of aarl culture extension division in tho the eight this survey has haa been care ducted figures on upward of pounds of wool and several million head of lambs lamba have been secured this study reveals that 1931 w wag tho the poorest year tile tho sheep industry ilan haa lind hod the association bogn begron keeping these records total income per owe for tile the year was coming from the sale ale of wool and from lamb iamb balanced against this athla revenue was an operating cost of per owe despite the fact that this athla total expense per owe ewe was wag the lowest in eight years the not loss per owe was wool receipts for 1931 were figured on returns front from more thron pounds whilo lamb iamb receipts were ware based on figures from more than head in this cost study explains mr cattle calno every type of sheep operations over thel mhd entire state wa ws taken embracing a all 11 conditions of range feeding early and late lambing outfits with good showing and poor returns all put pat together to make d a truo cross section of the sheep indus try in idaho tho the 1931 1031 survey brings out the tact fact that the alie average younge price for wool was wag 1003 cents per grease pound while the cost of production was 2271 cents centa per pound a loss of oe conta cents per pound oy or 89 cents tor for each owe ewo averaging 92 91 pounds of wool the state average for the year lamb which cost cents per pound to produce according to the association analysis t cents a loss of cents per pound or an average of tor for a GB 65 pound lamb i during the eight year period gnei po y n 1 average profit has haa been exactly 10 cents per owe ewe for all A 11 sheep involved in tho clio investigation the range in profits and losses to la from a profit of per bowein 1920 to a loss of in 1930 and a 0 loss of per owe in hi 1931 average total expense tor for tho the eight years waa ranging from the high of 1109 11 09 in 1029 1929 to a low of tn in 1931 tho the fact tha thra t 1931 showed the tha lowest expense in eight years indicates that are making rapid progress in their campal to reduce costs of production as a means of meeting the problem of 0 lower wool ind lamb prices Aver average rge total receipts for or the eight year period amounted to per owe of 0 which represented sale bale of wool and sale of 0 lamb highest receipts were reported in 1925 1190 per par owe being wool sales and from lamb iamb tho the low was in 1931 amounting to only of which was w wool odi and to tho the credit of lamb highest wool receipts came during 1928 averaging per owe ewo and highest lamb receipts in 1925 an average of 0 per owe during the period covered by this curvey the average soiling selling price of wool was cents per pound in tho the grease ranging from a high of cents in 1925 to vi low ot of 1303 cents in 1031 the cost of 0 producing wool averaged cents per pound during the eight year period the high being 81 cents in 1925 and the low canto in 1931 lamb alone showed a higher os gelling elling price than the average cost of 0 production the average soiling selling price was waa 1082 per with tho the cost at 2048 per the highest selling price wco 1268 1258 per hundredweight in 1925 and the lowest per hundredweight in 1931 the highest cost coat per hundredweight hundredweight for lamb was 1211 in 1929 and the lowest lo in 1931 to know the production costs costo of wool and lamb Is good business says the idaho association cost ot of production committee in explaining that this survey has boen carried on omi over si prolonged period to give them a basil for planning operations conditions sharply emphasize the vital importance ot of greater organized efforts for the defense and advancement of our industry our buz business iness has not been able to escape from the press of present day clay conditions from the demand for efficiency in production and from the bemand efficiency chency in mar marketing markling kAing to cot combat nuat tho rapid changing conditions collective action on problems lems has brought about reduced costs of production wj wd must continue to meet this now new order of things with intelligent organization salt lake Tri tribune bund |