378 



Bulletin 91 



These were the only steers in the entire experiment that showed a 

 tendency to refuse feed at any time. Three of the animals in Lot V 

 made very light gains, and two of them gained large amounts. In 

 Lot VI all the steers made large gains, and at the end of the test the 

 animals in this lot were much more uniform and fatter than those 

 in Lot V. One may conclude that, from the standpoint of keeping 

 animals in good condition, with good vigorous appetites, and in order 

 to make them finish for market at an early date, without many culls, 

 the addition of alfalfa hay to a ration of silage, cottonseed meal, and 

 milo maize is beneficial. 



In each of the lots receiving alfalfa hay, with the exception of 

 Lot I where the steers were fed exclusively on this feed, alfalfa hay 

 seemed to have a beneficial effect. Animals do not care for more 

 than three or four pounds of alfalfa hay per day, but they will do 

 better if given this amount. They will gain more rapidly, feed more 

 uniformly, and take on flesh faster than when no alfalfa hay is given 

 them. Apparently the cost of producing gains may be slightly more 

 when the alfalfa hay has been fed, but at least a small amount of 

 alfalfa hay or some other good substitute for it should be used in 

 cattle feeding. 



FINANCIAL STATEMENTS 



FINANCIAL STATEMENT FOR 36 STEERS, 1920 



Cost of steers (32,020 lb.) at 10 cents.. 



Cost of feed 



Interest on investment at 8% 



Estimated cost of marketing 



Total cost. 



Returns from 23 steers Wt. (25,398 4% shrink) at 11 cents.. 

 Returns from 13 steers Wt. (14,802 4% shrink) at 11 cents.. 



Total returns.. 



Loss 



Loss per steer 



$3202.00 



1360.29 



54.00 



52.20 



$4668.49 



S2682.03 

 1572.60 



$4254.63 



413.86 

 11.50 



