i8 



high grade steer it would be $2.50 per hundred. This would be re- 

 covered by a margin of 32 cents on the scrub steer or 23 cents per 

 hundred on the high grade steer. It is also true that well bred cat- 

 tle will require less feed per pound of gain, make gains more rapidly 

 and take less increase in weight to put them in the same condition. 

 It frequently happens, however, that scrub cattle, in thin condition 

 can be bought so cheaply that they can be finished at a profit. This 

 means a loss to the producer with a profit to the feeder. 



No. 14. Common rough steer, a loss to the producer but a profit to the 

 feeder. Gain in 90 days, 291 Ibs. If well bought, and marketed at 

 the right time, such steers may be fed at a profit. 



Condition. 



There is a distinction between condition and weight, 

 which is frequently overlooked by the practical cattle 

 feeder. Condition^ in connection with feeders, 

 means the degree of fatness. Other things being equal, 

 the higher the condition of cattle going into the feed lot, 

 the greater will be the profit to the feeder. The feeder buyer 

 can afford to pay more for fleshy feeders because they require a 

 shorter feeding period to finish and are usually more thrifty than 

 thinner cattle which have had an equal opportunity. 



It is generally recognized that the gains on cattle while in the 

 feed lot being finished for market are quite expensive, which is an- 



