110 IOWA DEPARTMENT OF AGRICULTURE. 



Mr. Emboden: Well, there is a combination. I don't know that 

 I ever met just that proposition. Of course, when you have got 

 high priced feeders the common cattle have advanced a little in 

 proportion; you often have to pay more for your common cattle 

 than you would otherwise have to pay for them. Of course, the 

 feeder don't get much pleasure or satisfaction in putting high 

 priced feed into a common steer, especially during the feeding pe- 

 riod. Sometimes, when the cattle are sold he has got some satis- 

 faction out of it, because he has realized a profit. But you couldn 't 

 lay down a rule and say, high priced feed on common cattle at 

 all times would be more profitable than low priced feed on high 

 priced cattle, because the price of feeders might be so high, and 

 the price of finished cattle low, that you wouldn't realize a profit, 

 even feeding these cattle a low priced feed. On the other hand, 

 a common steer bought at a low price and the feed to feed it at a 

 very high price, the market might be such, that he wouldn't real- 

 ize you a profit, 



I want to say here, if your system of handling your feed, and 

 market cattle has been satisfactory to you; if you realized fair 

 profits on your investment and labor involved; if the gains have 

 been satisfactory, and j^our profit satisfactory, I wouldn't advise 

 you to change your method for what I may say, or anybody else 

 may say. 



A Voice : It has not always been so ; that is why I am asking. 



Mr. Emboden : I don't know of any feeder with whom it has 

 been so. As I said before, there is an element of chance and this 

 we cannot escape. 



Question: When are you going to sell those calves you just 

 bought? 



Mr. Emboden : I expect to show those calves of the Southern 

 District, at the Chicago International, next November. 



Question : How much do you expect to make them weigh ? 



Mr. Emboden: I expect to make them weigh about 1150 at 

 Chicago, These calves this year will weigh 1125 or 1150. 



Question : How do you feed cotton seed meal and oil meal ? 



Mr. Emboden: In connection with my corn, with ground corn 

 or shelled corn, whatever feed I am feeding. If I am feeding 

 broken ear corn, I put it in a wagon and pour a sack on the 

 feed. 



