66 



In this period of 56 days there is a profit of |13.60 

 from tlie lot fed on a mixture of cowpea and sorghum 

 hay and cotton seed ; a profit of |2.58 from the lot fed on 

 corn stover and cotton seed ; a slight loss from Lot III, 

 the lot fed an cotton seed meal ; and a considerable loss 

 from- the lot fed on cotton seed and sorghum hay. 



For 84 da ijs.— During the third period of 28 days, the 

 cattle in all lots made very slight gains, largely due, it 

 is believed, to the poor quality of the corn chop fed 

 during the last three weeks of the experiment. Hence 

 the unsatisfactory results of the third period greatly 

 reduce the financial returns for the entire experiment of 

 84 days. 



Financial returns for 5 steers per lot for 84 days ivith 

 low, medium, and high prices of foodstuffs. 



Low. 



Cotton seed, per ton 



Cotton seed meal per ton 



Corn chop, per ton 



Cowpea hay, per ton 



Sorghum hay, per ton . . 

 Shredded corn stover, ton 



$10.00 



18.00 



20.00 



5.00 



4.00 



2.50 



Medium. 



High. 



S12.00 



20.00 



23.00 



7.50 



5.00 



3.25 



$14.00 



22.00 



26.00 



10.00 



6.67 



4.00 



Lot I 

 By 5 steers, selling price. . 

 To fi steers, bought at 'i%c 

 To food fed 



Profit or I,o«s. 



Lot II. 



By 5 steers, selling price. . 

 To 5 steers, bought at 2%c. 

 To food fed 



Profit or Loss. 



Lot III. 

 By 5 steers, selling price. . 

 To .5 steers, bought at 2%c 

 To food fed 



Profit or Loss 



Lot IV. 

 By 5 steers, selling price . , 

 To a steers, bought at 2%c 

 To food fed 



Profit or Loss 



Dr. 



106 64 

 .5.5 . 55 



Or. 



164 47 



Profit 



107 58 

 39.81 



Profit 



106.10 

 36.56 



8.37 



iOii 95 

 29.50 



2.2H 



166 35 



19.86 



134 29 



Loss 



139 55 



ProfitI 3.10 



Dr. 



106 64 

 64 03 



«.20 



107.58 

 47 94 



Profit 



106.10 

 44.38 



16.19 



106 95 

 32.99 



0.39 



Cr. 



164.47 



Loss 



166 25 



10.73 



134.29 



Loss.. 



139 55 



iLoss. 



Dr, 



106 64 

 74 . 55 



16.72 



107..'S8 

 60 31 



64 



106.10 

 53 24 



2o.05 



106 95 

 41.38 



8.78 



Cr. 



164.47 



Loss 



166 . 25 



Loss.. 



134.29 



Loss.. 



139.55 



Loss. 



