The Young Farmer: Some Things He Should Know — John Shaqi
The Young Farmer: Some Things He Should KnowHunt, Thomas Forsyth
Science
The Young Farmer: Some Things He Should Know
Hunt, Thomas Forsyth
Agriculture
Number Average
of size Labor
Acres farms (acres) income
30 or less 30 21 $168
31 to 60 108 49 254
61 to 100 214 83 373
101 to 150 143 124 436
151 to 200 57 177 635
over 200 34 261 946
---- ----
Average 103 $415
While the larger the farm, the more prosperous was the operating owner
or tenant, the size of the farm did not seem to affect the profit of
the landlord.
The amount of land one individual may own is unlimited; the size of
the farm unit is limited. After a farm unit has reached a certain
size, depending upon the type of farming, the general arrangement of
the farm and the skill in management, any further increase will
increase the cost of operation, and as the increase continues
eventually cause a decrease in profits. Assuming this to be true, it
follows as a mathematical necessity that as the farm increases in size
the total profits will increase as the farm increases up to a given
point and then the profits will decrease. The following table
illustrates this law:
Size of A B
farm Net profit Net profit Net Profit Net Profit
acres per acre per farm per acre per farm
160 $5.00 $800 $5.00 $800
200 4.50 900 4.75 950
240 4.00 960 4.50 1,080
280 3.50 980 4.25 1,190
320 3.00 960 4.00 1,280
360 2.50 900 3.75 1,350
400 2.00 800 3.50 1,400
440 1.50 660 3.25 1,430
480 1.00 480 3.00 1,440
520 .50 260 2.75 1,430
560 -- -- 2.50 1,400
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account