A Pilgrimage of British Farming 1910 1912

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Of course he may do well enough by producing and selling milk, because he adds the routine of a milk round to the work of feeding and milking his stock, and obtains the profit of the retailer as well as that of the producer. Again, payments come in week by week, which is a great help to the economy of a farm that is generally short of capital. Butter-making and calf-raising also bring in regular returns, but do not require so much labour ; hence the profits to the small holder are less, though ...this may be compensated for by keeping a large proportion of the land under tillage and so producing an extra quantity of food upon the farm, or by heavy purchases of feeding stuffs, the object in either case being to carry an exceptional head of stock per acre. The slowest return, because the minimum amount of labour is expended on the product, comes from rearing stock on grass until they are fit to sell as stores ; in itself the operation is profitable enough, but the profit is small per acre, though it can be made large per man when plenty of land is to be had cheaply.

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