86 



OHIO EXPERIMENT STATION: BULLETIN 179. 



feeder lambs at prices ranging- from $3.00 to $7.50 per hundred- 

 weight at home, and with hay and corn prices in the combinations 

 given in the top two lines of the table. 



TABLE 15 EFFECT OF VARYING VALUES OF FEEDS AND FEEDER LAMBS 

 ON COST OF FAT LAMBS. 



Assumed home 

 price per cwt 

 paid for feed- 

 er lambs 



Price at which fat lambs must sell per hundredweight at home 

 to pay for feeder lambs and feed used on basis of assumed 

 price. 



The following- brief computation presents the method by which 

 the table was prepared: 



(Feeder lambs at $3.00 per hundredweig-ht, hay $6.00 per ton, 

 corn 45c per bushel). 



Cost of 67.5-pound feeder lamb at $3 00 per hundredweig-ht $2.02 



Cost of food (155 pounds hay, 123.75 pounds corn) fed to produce 30.75 



pounds gain $1.46 



Cost of 98.25 pound fat lamb $3.48 



Selling price per hundredweight necessary to pay for feeder lamb and food 



consumed $3.546 



Advance per hundredweight required to prevent loss $,546 



(Feeder lambs at $6.00 per hundredweight, hay $6.00 per ton, 

 corn 45c per bushel). 



Cost of 67.5-pound feeder lamb at $ r >.00 per hundredweight. $4.05 



Cost of food (155 pounds hay, 123.75 pounds corn) fed to produce 30.75 



pounds gain $1.46 



