DAIRY FARMER'S COSTS.

Auckland Star, Volume LXIII, Issue 288, 5 December 1932, Page 3

DAIRY FARMER'S COSTS.

WITH BUTTERFAT AT 9D ÜB. An analysis of one- dairy farmer's costs was given at a Farmers' Union meeting in Feilding on Friday by Mr. E. 0. Bond, who submitted a graph showing the working expenses and receipts from a 60-acre dairy farm purchased at £70 an acre with a deposit of £800. Interest on mortgage he fixed at 5 per cent, and the capacity of the farm 35 cows at 2801b of butterfat each cow and a butterfat price of 0d per

pound. Mr. Bond said that the gross profit from butterfat was £367 and from pigs £52, a gross return of £419. On tho other side of the ledger were the following charges: Interest, £170; rates and insurances, £20; wages, £52; keep of employee, £39; replacement of stock, £40; seeds and manure, £35; maintenance and depreciation, £30; cost of milking plant, £17; stock goods, £10; household expenses, £150. The total expenses were £570, compared with the gross return of £419, thus revealing a debit of £150. The highest expense, it would be seen, was interest which had to be paid in a lump sum.