Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
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T‘> help reach these decisions 15-In budgets showing 1 expected receipts and expenses were worked up using, pa-K ten ryear averages of costs and prices of cattle-; feeder calves, feeder vearlmgs, market cattle of Good slaughter grade, etc.
By using this approach the owner may decide to ditch the whole business of cattle production or select that which, for his farm in particular,! affords the greatest possibility of maximum profit. Not one assures a profit, for m uch depends upon the ma n doing the buying, the selling, the feeding, etc. Nevertheless i business-like approach sh ould ilwjys be used m the decision making proves.-,. Budgeting, and comparisons of budgets, is a means recommended and employed by the Extension Service in helping farmers to help themselves. Your scribe and lack Holloran, District Farm Mi nagement Specialist, have been working together on this. Another property owner would like a major farm enterprise that would allow yearround income. He is thinking of establishing a Grade A dairy herd. Questions which must be answered are: is the farm adapted to dairying from the standpoints of land, labor, - both or neither9 What would: the per cow investment cost be, what returns to fixed resources, labor and management could be' expected? Is there a market, ! etc.? These are questions involving a lot of thought, considerations, investigations, and work yet all too often major deci
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