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About The Plattsmouth journal. (Plattsmouth, Neb.) 1901-current | View Entire Issue (March 12, 1959)
Good Farm Records Aid Decisions MITCHELL Good farm re cords can be keys to more ef ficient use of management, lab or, land and capital, according to Cliff Ashburn. University of Nebraska Extension farm man. agement specialist at the Scotts Bluff Experiment Station. "When good records are kept and analyzed, they can help farmers make decisions and plans," he points out. "Records can help answer such questions as: Should I raise more hogs? Would it be more profitable to feed additional cat tle or lambs or sell the grain for cash?'" In order to have a true picture of the business, the records should be complete for all pur poses. They should contain an inventory of the land, buildings, equipment, livestock, feed on hand and all other necessary i tems such as labor for livestock and crops. A complete record of income and all expenses on each enter prise of the program will point out which phase is making a re turn and which is not, Ashburn says. In making final decisions on the farming program, Ashburn thinks these questions also should be answered: Do I want to make the change? Will it pay? Will it pay more than anything else I can do? Can I make the change? In addition to serving as gui des in making plans farm re cords can be used for income tax and social security purpos es. Records also aid in establish ing credit for business purposes as well as dividing expense and income for tenant and landlord, rental or partnership arrange ments. Although part of 1959 has pass, ed, there is still time to devel op farm reeords for the year. County agents over Nebraska can give information on account books designed for the farm bus iness. Reasons Listed For Change in Parity Levels LINCOLN The percentage of the farmer's expenditures that goes into production costs has increased in recent years, while the percentages spent for living and for interest, taxes and wag es have decreased. As a result, the parity price for most farm products has drop ped slightly, according to Honor M. Ochsner, cnairman of the Nebraska Agricultural Stabiliza tion and Conservation commit tee. Parity prices are used in con nection with the price support programs administered by the ASC committee as a means of comparing firm prices with past periods in terms of purchasing power. Ochsner says the U. S. De partment of Agriculture's latest survey shows that production items account for nearly 51 per cent of farm expenses compared with 41 per cent during the 1947 51 period. This is the result of larger farms and commercialized agri culture, with substitution of machinery and equipment for labor. On the other hand, the percent age of farm expenses going for living has dropped nearly 5f)er cent, and so has the percentage for interest, taxes and wages. Since the production items have risen in actual cost less than other farm expenses, Osch ner said the result is to reduce farmers' expenses relative to the prices received in the past. The net effect has been to re duce parity prices as computed in January, 1959. about 3 and one-third per cent from what they would otherwise have been. BRITISH EXPORTS London Britain's export to Communist China increased by 120 per cent in 1958. as compar ed with 1957, John Rogers, par limentary secretary to the Board of Trade, told the House of Com mons recently. CRIME DOESN'T PAY! Kansas City Burglars enter ed a paint store and knocked the combination off a safe. That released tear gas which gassed them out for a while. Returning, they dynamited the safe open. It was empty. Besides that, said store man ager Harold Swafford, it was n't locked. COMPARES JOB Washington Senator William (D., N. J.) has figured out the difference between the two hous es of Congress. 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I L B 3 3 Q is r " n Ira 1 EI 1 XT' -xV''' f a-a w w w . w Ma Sra,k I R R fP2 rsi ra FROM 9:30 A. M UNTIL 5:30 P.M. (Rhjl P"J t?0 ?7?f tj?yy ha w wv'j ui, ra i . ! TOPPED WITH PENICK SYRUP - WITH A STEAMING CUP 0 BUTTERNUT COFFEE You're invited to come in and samp some of those wonderful Aunt Jem pancakes made by Aunt Jemima het- selt-in person! Give the kiddies thrill bring them along to meet Ai Jemima! My Klas - Evaporcifec ROYAL - Asst. 1.3 PET RITZ - APPLE OR PUMPKIN FROZEN Ml Urf U - CHERRY WJWWx-WKul.. -701' r inn It a vet I
