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RAPP... CHATS
By W. H. Lyne
Hi everybody! Surely is nice to be back in the groove. (Note: not rut, can’t get in ’em as long as farmers are in business. They rightly won't let you.) Two weeks of high pressure schooling was a harassing pleasure. Yup, I was in school at Va. Tech September 9th - 21st inclusive. While the course was called Farrp Management I pinned my own name •Production Economics- for that is exactly what it was. The info vtas spread so thick and fast it was rough for me having graduated several years btfore present day collegians were whelped. Braced myself for a hard go when I learned there were several much younger men holding Masters Degrees, a couple in Ag. Economics and me with but a B.S. in Animal Husbandry. What did we cover? Classes were from 8 a.m. till S p.m. - half day on Saturdays with weekend tests. First three days were spent on Optimum Levels of Production, determining the High Profit Point (Budgeting, changes in Costs and Returns, changes in Physical Product). Common denominators of Feed and Forage (TDN, NE, Pearson Square). Also marginal concepts. Rational Areas of Production, Economic and Technical Efficiency, Limited Resources, Cost Functions,
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