A shipment of 70 hogs from the farms of John Kit Wilson of Pasquotank and H. C. Ferebee of Camden, sent out of Elizabeth City last week, brought a total of $1,938.75 at the Richmond market, according to G. W. Falls, Agricultural Agent in Pasquotank.
The return for these hogs yielded a net profit of $1,089.75, according to Mr. Falls, who considers the return a splendid demonstration of the results to be gainded from one example of diversified farming. The hogs were of fine quality and sold at the top prices on that day’s market, ranging from 14 and a quarter cents to 14 and three-quarters cents a pound. The hogs weighed a total of 13,091 pounds.
The cost on average, 6 cents a pound to produce the meat and yielded a profit of 8 cents a pound. The principal feeds used in growing the hogs were fish meal and corn. The total cost of the feed for the hogs amounted to $785.46. Shipping, freight, yardage and feed added $63.80. . . .
The shippers learned a lesson or two. Instead of buying the feed at Richmond that is given the hogs for their meal, they will send their own corn hereafter. They had to pay ?? for a bushel for corn to feed the hogs in Richmond, while their own corn would have been figure din at 80 cents a bushel, the local price on the farms.
Instead of taking 11 cents a pound that the local market offered on the day the hogs were shipped, the farmers gained $406.85 more by sending the pork to the larger market.
From page 2 of The Independent, Elizabeth City, N.C., Oct. 29, 1926
newspapers.digitalnc.org/lccn/sn83025812/1926-10-29/ed-1/seq-2/
No comments:
Post a Comment