xt7hx34mn418 https://nyx.uky.edu/dips/xt7hx34mn418/data/mets.xml   Kentucky Agricultural Experiment Station. 1923 journals kaes_circulars_001_3_160 English Lexington : The Service, 1913-1958. This digital resource may be freely searched and displayed.  Permission must be received for subsequent distribution in print or electronically.  Physical rights are retained by the owning repository.  Copyright is retained in accordance with U. S. copyright laws.  For information about permissions to reproduce or publish, contact the Special Collections Research Center. Kentucky Agricultural Experiment Station Circular (Kentucky Agricultural Experiment Station) n. 160 text Circular (Kentucky Agricultural Experiment Station) n. 160 1923 2014 true xt7hx34mn418 section xt7hx34mn418 QQ COLLEGE OF AGRICULTURE
"" Extension Division
he THOMAS P. COOPER, Dean and Director
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[QQ A CIRCULAR NO. 160
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“’“ Increase Profits by Keeping Down Cost of Production
md By C. U. JETT
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 Increase Profits by Keeping Down Cost of Production
I By C. U. JETT
I Getting profits front farming; Illély be likened to getting `
eider from the old eitler press. The harder the press is screwed
down the more eider is stpieexed out, In farniing the more the
I cost of production is serewed down the more profits eoine from
the farm business. Managxenient is the lever whieh serews down
‘ the eost of produetion and brings the profits from the farm busi-
ness.
SELLING PRICE MINUS COST OF PRODUCTION EQUALS
PROFITS.
Probts are inereased by either raising the selling price or
lowering the cost of produetion. The individual farmer has a
limited ehauee of inereasing profits by raising the selling priee
of his products.
The best chance for z`ncrmsz'ng pm/its is by l0u·cr1`ng thc
c0st 0f protluefion. This is largely u·z`llz-in the. control of the
farmer.
HOW TO KEEP DOWN THE COST OF PRODUCTION.
The eost of production is lowered by eutting down the eost
0f man labor, horse labor and all the faetors whieh enter into
the cost of produetion.
Man labor costs may be lowered by employing a diversity
of enterprises so that labor may be distributed thruout the year,
I _ i \ - I . ·

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4 1{(`}l[ll('/fj] (’[r<·i1[111· No. [UO {
by e:1rel`nlly pl:1nning :1l1e:1¤l :unl hy using lill\()I`—Sii\’lllj.[ 111:1—
ehinery so th:1t (‘lll'll lllilll Villl 2ll'<‘lIllll)llSll niore work. L
Horse lnhor eosts n1:1y he low1·1·1·d hy keeping only enough l
horses to do th1·work_ hy plnnning the work so :1s to get :1 §.{l`t'llll'[`  
Illl11ll)t‘l' of d:1ys of work out ot` 1·:1··li horse, hy nllowing thi-in lo  ’
V run on pasture when not in the llill`l|¤‘<<, illltl hy using otli.·1·  i
1 metltods to secure evononiy in t`1·1·ll of erops :1nd live stoek th:1t
» will give the greatest net in1·o1ne.
Mzirketing. of l‘0lll`Sl‘? is one of the hig prohlents facing the
fHl`lllCl‘ today, hut it should he I’l‘lIll‘Illl\t‘I'l‘tl th:1t no system of y
]I12ll`l{CIlllQl' is going to help the n1:1n who hus nothing to sell or
insure prolits for the 111:111 whose l‘(I$l. ol` produ<·tion is too high.
l)11ring periods of llllilllvlill ilepression und Hll{ll'll times"
profits i11 fzirniing :1re St‘<‘lll't'tl only hy producing (‘('0ll()Illlti£lll}`.  _
It is ll(‘t‘€‘S$2l1'}' for the li$Il`lIl4*l' to plun l'or :1 lurge vohuno ol s:1l<·< _
hefore he l‘2ll1 expert prolits. lt is :1lso (‘