Milford chronicle., 1962-02-23
Farm Outlook
Some For 1862

WHAT THE 1862 OUTLOOK .JO
Il You are located in one of the
choice market areas of the country.
Even so, increased supplies of milk
will mean a larger part of your
output will be used nOn-fluid form,
reducing the blend price. To take
full advantage of your market
location and to offset possible low
er prices you should: ID raise the
production level of your herd; (2)
make more efficient use of your
acreage; 90 increase total milk
sales; and (4) reduce unit costs.
If You're a BrOiler Grower!
Broiler prices are likely to be
| low. Therefore, you should: Q)
carefully evaluate contracts offer
ed by different broiler contractors
in terms of total net returns; (2)
establish yourself as a dependable,
low cost grower; and 90 consider
enlarging broiler enterprise to
more fully employ your labor and
know-how.
The capable broiler grower can
get as large a return for his labor
and capital under current con-
tracing terms as are earned by
most other farm enterprises.
If You're a BrOiler Contractor.
With the price of broilers likely
to stay low again in 1862 the broil-
er contractor must find ways to
reduce total operating costs. These
would include: % placing chicks
only with growers having good
performance record; (2) re-evalu-
ate your flock service and super
vision program; 90 investigate and
use all practical means of reduc-
ing the cost of feed; (4) seek out
and exploit opportunities to reduce
chick costs; (5) investigate the
opportunities for more inter-firm
cooperation on mutual problems
and capital investments; and Co
think and plan in terms of profit
for the total firm.
If You're an Egg Producer!
Plan on egg prices being low
and set up your operation to be
low cost producer. % Increase
rate of production; (2) keep houses
full; 90 keep close records and
sell flocks as soon as, but not be-
fore, out of pocket expenses equal
cash receipts. Each cent reduction
in cost and each cent increase in
egg price means an extra 5000 per
thousand hens; ca seek out the
best possible market; 90 produce
a premium quality egg, and Co
candle, grade, carton and deliver if
your market makes it profitable to
perform these services.
II You're Hog Producer!
While hog prices may not be as
high as last year, you should push
ahead toward a highly efficient
low-cost operation that will enable
you to stay with hogs through good
and poor years. Feed accounts for
two-thirds of all costs so it should
get first emphasis Good breeding
is fundamental and good manage
ment is the difference between
mediocrity and success.
Ii You're Vegetable Grower!
Stocks of most canned and froz-
en- vegeta bles are large so substan-
tial farm price increases are not
likely. Therefore. any Improvement
in income is likely to come from
reduced production costs, increas-
ed yields, and large producing
units. Line up your production pro-
gram in cooperation with a repu-
table professor and start in now
making production plans including
fertilizer needs, possible insect and
disease problems, machinery re-
pair and replacement, labor needs
and the combination of crops that
will yield greatest total net returns
per acre. Planning now will pay
dividends during the busy days of
planting and harvest.
LII You're Crop Farmer!
Corn, sOybeans, and small grains
are crops that yield small income
per acre Large acreage is needed
to yield a satisfactory income and
to make efficient use of modern
equipment. The best way to i'm
prove income from crop farming in
1862 is to attain production goals
of 40 bushels of soybeans and 100
bushels of corn per acre Also give
very careful consideration to the
income opportunities offered under
the Feed Grain and w
Program.