Show THE FARM BUDGET by DAN H OTIS agricultural niro clar hankers flankers association inventories aid in a tile tha formation of a farm budget some borne banks as aa well as the farm credit Adminta tra tion r e a 0 it mend outlining lit in advance the in e t h 0 C of using production loans under this plan provision is made m a d a tor t 0 r monthly expenditures Ili tures and funds are ara ranted granted to the borrower borrow br in ac 1 corrance cor dance with t b h e budget U D 11 OTIS plan budgets help show how loans can bo be repaid with tho the accumulated data from previous or evious inventories and budgets budget making becomes easier and more lore accurate and valuable As one i branch of the farming plant requires more mora expenditure such as tor for new machinery fencing livestock etc it may be necessary to limit others to meet pressing requirements the budget helps to formulate it a In ancial program it Is of special im hortance in arranging to meet spa lall lal or large expenditures it the in ome and expenditures are careful y budgeted it prevents the spend ing of money needed tor for interest and axes before the time of payment the agricultural commission of lie american bankers association eels aela that this type of work ti is to 0 o ant that special emphasis has tell placed upon the told neld of farm iven budgets and credit state bents as one of its national projects for turin farm aid |