26 The Bulletin. 



All cattle feeders in the State have access to the best eastern markets, 

 either through buyers or direct shipments. The results of this experi- 

 ment show that cattle fed a straight cotton-seed meal and hulls ration 

 Avill not command a premium like those fed cotton-seed meal and corn 

 silage. Steers which are short-fed from ninety to one hundred and 

 twenty days and marketed locally can be fed satisfactorily on a straight 

 cotton-seed meal and hulls ration. The addition of corn silage even 

 during this short period, however, would give more finish than otherwise. 

 The economy of this practice would depend entirely on the relative mar- 

 ket value of cotton-seed hulls and corn silage. If cotton-seed hulls are 

 high in price and corn silage is available, it would likely be economy to 

 use corn silage, at least for part of the roughage ration. If cotton-seed 

 hulls are low in price, it would not be economy to use corn silage unless 

 the cattle were to be long-fed and sold on a discriminating market. 

 Otherwise a straight cotton-seed meal and hulls ration would be more 

 practical. These are factors which depend entirely on the kind of cattle 

 iised, the length of the feeding period, the relative cost of the roughage 

 feeds and the place where the cattle are marketed. 



FINANCIAL STATEMENTS. 



The financial statements given herein are furnished entirely for the 

 benefit of the farmer or practical feeder. This data has no relation 

 whatever to the comparative results recorded formerly in the bulletin. 

 These statements following include all items of expense which would 

 naturally be incurred by the practical cattle feeder. Special attention 

 has been given to these statements to bring out in detail the difference 

 between cotton-seed hulls and corn silage for feeding solely with cotton- 

 seed meal. The market value of corn silage is figured at three prices to 

 suit all conditions in the State. 



The advisability of using corn silage exclusively with cotton-seed meal 

 has not been fully established. The writers have in mind some extensive 

 experiments to determine the feasibility of feeding cotton-seed hulls with 

 the cotton-seed meal for ninety to one hundred days, after which corn 

 silage will be substituted wholly or in part for the cotton-seed hulls. 

 This is based on the fact that cotton-seed hulls and corn silage will give 

 about the same results for the period above mentioned. After this, how- 

 ever, the corn silage begins to show a decided value. As far as the results 

 herein reported are concerned, the value of corn silage as a sole roughage 

 feed during the entire feeding period is clear. 



