Farm Management is the study of the business principles in farming. It may be defined as the science of the organization and management of a farm enterprise for the purpose of securing the greatest continuous profit. Successful farming requires good judgment in choosing a farm and in deciding on a type of farming. It demands clear business organization and management for the efficient use of capital, labor, horses, and machinery. It requires good judgment in buying and selling. The change from cheap land, hand tools, and farming to raise one’s own food and clothing, to farming as a commercial undertaking has come upon us so suddenly that business principles are not always well understood by farmers. Nor do those who understand the application of such principles to city conditions often know how to apply them on the farm.