Show FARM JL TOPICS 0 LL KEEPING RECORDS GUIDE TO FARMER best way to find leaks and check them by K R E L greene assistant agricultural economist E lemist north carolina agricultural A ric I 1 tur station service many a farmer who has been lo 10 losing s money for years without knowing it has found that by keeping records he can find the leaks in his business plug them and make his farm show a profit in farming its easy to lose money without knowing it A farm may supply a family with food to eat and clothes to wear but at the same time bad cropping practices may be wearing out the soil so that at the end of the year the farm may be worth considerably less than it was at the first of the year by keeping records a farmer can tell which crops are most profitable whether the farming program is balanced or not and whether the general cultural practices are satisfactory records kept in one year also aid in planning the farming program for the next year they also provide a helpful means for determining whether the program is working ing out as planned or whether changes should be made to brin bring g the program back into line A glance at the records can also show whether certain farm enterprises are costing more than they are worth records are a source of information in making credit statements that are valuable in the event it is necessary to secure a loan or in in taking out insurance policies |