r Class I farms (over $25.000 gross) had about 9 times
`   I     as 1na11y acres tllltl about 20 times as much capital
gr investment as Class VI farms (less 1112111 $1.200 gross),
•
but their gross income w·1s 'l))I'OXI1]1'lt€l\’ 37 times
 .. Farm Be To PI‘0Vld€     ~ - —¤ · ·
  {   l   9 Data i11 the 1950 ce11s11s also enable IIS to esti-
> g' 1\1t1.I(‘ production costs tllltl returns to labor l`or these
BV LUTHER H KELLER six classes ot commercial tarms. (1ost ot ])l'()(I1ICtl01l
an- ' _ _1 f _1 includes botl1 out-of-pocket costs (cash) 2llI(I over-
A Iiow 1*1129 mmf it hum bv 19 I”(;"“ 9 *1 hum] uml Y head costs (depreciation ttlltl investment charge).
Wit] *1 Satléhmloly lcvtl Of living Lan 9*131 11111*5 By subtracting l)l'()(l11Ct1011 costs from gross 1ncome ·
  99'“I)Ct9 Wlth thc liugc Wccmhzed 1**1*11* 111 P1Od“°' an estimate ot the 11et return to farm labor Cilll be
Illg agucultural p1()(ItlCIS. These are crucial ques- mudr,_ Then by rlividmg the HM r.(,tm.H to labor. by
PO tions 111 consideringneeded adjustments 111 Kentucky the rmmrwr or farm workers pm. farm we have a
fr “gU9“1t“r€· _ _ l11(‘t1Sl1l'C ot tl1e relative (‘11.I`1lI11g rate ot labor o11 I
Ot course, no blanket answers can be given tor {arm; or \,m.yiHLr gin, (Table 9) *
?*· these questions that would fit all farm conditions.
L, Each i11(liVi(lual Farm Izllllilyis SiIllzltIOI1 LIIIIBTS, Hlltl Table 2.- Income and resource ratios I`or roimiiereial IIQIYIIIS
41 the way in which each farm family solves its prob- in K¤·¤·¤¤¢k>s 19·*9·
t»§ lems depends on tl1e relative values it places o11 in- *’***);>i%*;;‘~-5=i*>-—»~=-  ‘’’‘ ‘ ’ --1
_ _ _ _ .\e! I,uIun‘ Nel Lulmr lriruxlniernl Arrrs
_ come. sec11r1tv, independence, companionship, com- <§1··~~<·/ I·1<‘<·#3·<’ 1··<··g~··· Por ,1’1··· l’o· .
  _/ _' _ _ _ I·urin Per I·ur:n \\ori¢1·r \1(H'](l'I' \I'orI<1.r
mu111ty prestige, and other goals. Some farm tamihes  -~——~——+—--)—-—-—;-~— —-— —-—— -—--— — —
. - . . 1 S 9,:382 S 1,561 S 16,889 110
  may be content to continue farming provided they H 4774 1478 1770, 98
. , . . . . . > » » —— ·
as- ca11 obtain $2,000 tor the1r labor, while other Families 111 2,70:1 1,:106 13.282 88
TY · . ·. . · ' *» . . " " 1
might not be satisfied with a labor return ot less I1   11*21 9219 1**
. I · (‘('0 (`¢`-12 "0
+·•~· than $4,000 or even more. yr 1-gr;   .1,1160 iso
- *¥·an Farm Size and Income [MTA 5 TTTTTT 5 TTT T `IITTTTIM
·,1.,g,2 Disregarding for the moment goals other than in- These esti1nates indicate that o11 the average labor
come. let’s look at some data on farm size and Il1C()111€ 1`k‘U11`11S \V¢‘1‘¢‘ €01¤S11`l<<‘i' 01* (1111SS V1 1¤U`mS to $1,561 PUT “’0i'k€i` 01*
· SiZC-ClzlSS(3S bugcd 0]] thy valuc Of P]·()(luCtS Sold (IIRISS   IRIYIIIS. ILVC11 (111 (IIQISS I l2ll`111S IIICSC (’$tII111It(‘$
A 1 (Tnblc ])_ Appmyjmut(»]y 86 pcyccllt of thc 1347594 indicate that labor i11 sonic cases was probably not
~ " earning so 11n1cl1 as would be possible lior it to C1lI'll
' Table 1.——Si1e (IISIl`II)llII()I] o1` (`()I11ll1Cl`(`I1lI 1`arms in 1{en· i11 olt-liarun opportunities where such opportunities
, ·*··*v~ *“<`k}‘· 19*19- are available. ()|` (J()llI`St‘ these are average ligures.
_     .> I/I . .,r . S ,l., rr lr) It,H, I _h I · rl _. r, _
v· APM VUIW or TUMICUWHI NU. %Or"" `1l)()I It 11111 .1 t ll( II 1