89 



it cosis something to feed cattle tliroiigli the winter 

 months, and the farmer who buys them in the fall with 

 the intention of carrying them until the following sum- 

 mer to fatten for the market, is interested in knowing 

 what it will cost to get them through the winter months. 

 In other words, he desires to know the spring cost, w^hich 

 is equal to the fall price plus the cost of getting the cat- 

 tle through the winter months. If it were possible to get 

 them through the winter months witliout cost, or gain, or 

 loss in weight, the spring and fall prices would be iden- 

 tical, but this can seldom be accomplished. As a rule, 

 the steers must be fed, and they commonly gain or lose 

 in weight. These expenses and changes in live weight 

 all have a bearing on the S])ring price. 



The following table presents the fall price, the cost to 

 get each steer through the winter, and the spring price 

 after the winter expenses and changes in live weight 

 have boon tnl^cn into considoi'atirm. 



Table 10.- — Average Fall (uid Sjiriiuj Prices of t/ie Cattle, 

 and Cost of Winter Feeding. 



The Young Steers 



(Dec. 6, 1909— Mar. 31, 1910.) 



(116 days.) 



The Common Cattle 

 (Dec. 6, 1909-April 23, 1910 139 days). 



