630 Un3f no,661 cop, 9 I_ BLANKS FOR USE IN ANALYZING THE FARM BUSINESS AND DETERMINING THE FARM INCOME. 83359°—Bull. 661°—15-2 15 UNIVERSITY Oi- ILLINOIS LIBRARY AT urbana-champaign agriculture £30 Un.^P' >*>, b&i Farm Area. State.Farm year beginning., 191.. Operator.P. 0. address. Landlord.P. 0. address. Township.Miles to railroad. Location. Acres owned.Acres cash rented. Acres share rented.Total acres operated. Acres in woods.Acres in roads, building lots, etc. Acres in pasture.Acres in crops. 17 S Record. 18 FARMERS* BULLETIN 661. g o 3 o o o> £ O © <2 P3 O « Ph c$ £ GQ c3 oi C8 a ta w o A METHOD OF ANALYZING THE FARM BUSINESS. 19 a CD ft Jf b/D o3 •S & CD §P pC rO oi Q W PQ ft ft ft ft 20 FARMERS BULLETIN 661. GO __ 5h CO 0 o> ° ^ oi ^ Q M Q PQ S g O K5 02 O a -2 9 a Q) •g 1“ M ^ 2 (3 ^ ,gP ^ 3 53 ^OW^pqOPnOHQW LANDLORD S STOCK. A METHOD OF ANALYZING THE FAKM BUSINESS. 21 o W n u -.*P 3 m o Pi o H fl W 22 FARMERS' BULLETIN 661. Receipts from Stock Products. Amount. Price. Operator. Landlord. Butter. Creamery milk. Market milk. Cheese. Wool . E£T£73 . Hides. Honey. Breeding fees. Total. Live-Stock Summary. Operator. Landlord. Stock products Stock sold. Value of live stock at end of year. Total. Live stock purchased. Value of live stock at beginning of year.. Total. Live stock,liet increase Receipts, Miscellaneous Sources. Amount. Price. Operator. Landlord. Labor. Machine work. Cash rent for. Rent of buildings. Sirup and sugar. Lumber, posts, etc. Total_ A METHOD OF ANALYZING THE FARM BUSINESS. 23 Current Expenses. Operator. Landlord. B,ppnlar hired labor. , mo Extra hired labor.. mo, Board hired labor.mo.. Family labor.mo.. Board of family labor. Repair of machinery. Repair of buildings. Repair of fences. Feed: Hay, silage, etc. Feed: Grain and concentrates. Feed grinding. Silo filling. Corn shredding. Milk hauling. Horseshoeing. Breeding fees. Veterinary. Seed, plants, trees. Fertilizer, manure. Spray materials. Twine. Thrashing. Baling. Machine work hired. Fuel and oil for farm work. Bags, barrels, crates. Cotton ginning. Insurance. Taxes on farm property. Water tax. Cash rent. Total. Depreciation on Equipment and Buildings. Dwelling, .. per cent of value. Other buildings, .. per cent of value Machinery, .. per cent of value_ Total. I I o ^3 r-1 bC DQ § 3 9 g 'M B o c3 a jz; H Iz; 24 FARMERS BULLETIN 661. List op Machinery. No. Kind. Value at beginning of year. No. Heavy wagons. Light wagons. Pleasure wagons.... Sleighs. Walking plows. Sulky plows. Disk harrow. Spike-tooth harrow.. Spring-tooth harrow. Roller. Weeder. Corn planter.. 1-horse cultivator. . 2 or 3 horse cultivator Corn binder. Grain binder. Grain drill. Hay loader. .1 Kind. Mowing machine.... Hayrake. Tedder. Hayfork and stacker Manure spreader.... Corn shredder. Ensilage cutter. Corn shelter. Potato planter. Potato sprayer. Potato digger. Orchard sprayer Gasoline engines.... Dairy equipment... Poultry equipment.. Evaporator. Harness. Minor equipment... Value at beginning of year. Total. Feed and Supplies. 1 Beginning of farm year. End of farm year. Amount. Price. Value. Amount. Price. Value. Hay Wheat... Oats. . . Com Straw. . Silage.. Seed. Othor Rurmlios _ _ _ .. Total 1 : • Feed and supplies: Decrease. Increase. 1 In case the landlord owns a share of the feed and supplies, make the proper division when transferring to the summary. If the total value of the feed and supplies on hand at the end of the year is greater than at the beginning, the difference is an increase; if less, a decrease. A METHOD OF ANALYZING THE FARM BUSINESS. 25 Capital. Beginning of farm year. Real estate (p. 7). Operator. Landlord. Livestock (p. 22). Machinery (p. 24). Feed and supplies (p. 24). Cash. Totrl. Summary. Operator. Capital. Item. Total. — > Receipts from: Page 19, Crop sales. Page 22, Live stock, net increase. Page 22, Miscellaneous. Page 24, Increase feed and sup¬ plies. Total receipts. -> Expenses: Page 23, Current. Page 23, Depreciation. Page 24, Decrease in feed. Total expenses. - Farm income. Interest on capital, . - per cent 1 .... Farmer’s labor income. Landlord. Item. Per cent re¬ ceived on in ves t - ment Total. Use current rate of interest on well-secured farm loans. 26 FARMERS BULLETIN 661. Some Tests of Farm Efficiency. Number of crop acres per work horse. Number of months of man labor, including operator’s. Number of man-labor years 1 . Number of crop acres per man 2 .gf. Percentage of total investment in real estate. Investment in buildings per crop acre. Number of animal units 3 . Investment in barns per animal unit. Number of productive man-work units 4 . Number of productive man-work units per man. Man-labor cost per productive work unit 5 .. Net receipts per animal unit 6 . Value of feed consumed per animal unit 7 .. Milk receipts per cow. 1 Divide number of months of man labor by 12. This gives the number of man-labor years. 2 Divide number of crop acres by number of man-labor years. 3 In figuring the amount of live stock on the farm, it is necessary to have some basis for comparing the different kinds of animals. One horse, cow, or steer is equivalent to one animal unit; two head of young stock (of the above kinds) are counted as one animal unit; 7 sheep, 14 lambs, 5 hogs, 10 pigs, or 100 chickens are each counted as one animal unit. 4 In order to have a basis for computing the time required for different farm operations, a normal day’s labor of 10 hours is considered a work unit. See page 12 for table giving list of work units. 6 Find the cost of all farm labor, including value of operator’s, and divide by the number of man-work units. 6 Divide the net increase under live-stock summary (p. 22) by the number of animal units, not including work horses. 7 Find the total at farm prices of the value of all crops fed, plus a charge for pasture, plus amount of feed bought, and plus or minus the difference in the feed inventory, and divide by the number of animal units. O WASHINGTON : GOVERNMENT PRINTING OFFICE : 1915