FARMER'S LOSS
" I gather, from calculations which have been produced that on last year's wheat crop there was a loss of about £2 per acre to the farmer," said Mr Raikes, M.P., in an interesting maiden speech in the House of Commons. "His land produces about 6s per cwt., and, taking 18cwt. to the acre and allowing one farthing for straw, you have about £6 8s as his profit. As against that there is about £3 3s for ordinary labour costs and another £5 ss, more or less, for rent, fertilisers, overhead charges and management. Generally speaking, the average loss worked out at somewhere about £2 per acre."
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Bibliographic details
Waipa Post, Volume 44, Issue 3190, 14 June 1932, Page 7
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108FARMER'S LOSS Waipa Post, Volume 44, Issue 3190, 14 June 1932, Page 7
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