295 

 FINANCIAL, STATEMENT "SHORT FED" CATTLE, 1907-8, (no days.) 



To 10 steers, wt. 12,870 Ibs. @ $4.50 per cwt $579- J 5 



To 11,794 Ibs. shelled corn @ 430. per bu 90.56 



To 7866 Ibs. shelled corn @ 45c. per bu 63 .21 



To 4180 Ibs. shelled corn @ 5oc. per bu , 37. 32 



To 2641 Ibs. cotton seed meal @ $28.00 per ton 36.97 



To 2991 Ibs. clover hay @ $10.00 per ton. . . : 24.95 



To 15,500 Ibs. corn silage @ $2.50 per ton 19-37 



Total expenditure , $851 .53 



By 10 steers, wt. 16,005 ^s. @ $5.75 per cwt $920.28 



By 880 Ibs. pork produced @ $4.80 per cwt 42.24 



Total receipts ., $962 . 52 



Total profit > $110.99 



Profit per steer 11.09 



Price received per bu. for corn 71. ic. 



Excess over market value per bu. . 26.ic. 



The financial statements for the winter of 1907-8 for the first 

 no days are quite similar for the "long- and short fed" cattle, showing 

 a slight difference in favor of the heavier and fleshier cattle during 

 the period when both lots were fed. The financial statement based 

 upon the six months feeding period shows a decided difference in 

 favor of the ''long fed" cattle as compared with the "short fed" cattle 

 fed for no days, the profit per steer being practically twice 

 as great and the price received per bushel for corn 10 cents greater 

 in favor of the cattle fed for six months. 



A careful study of these tables and financial statements will show 

 very clearly that more than one or two years work is necessary to 

 justify publishing financial statements in regard to the different 

 methods of feeding. This is due largely to the fluctuations of values 

 of cattle upon the market and to the variable prices for feeds during 

 different years. During the winter of 1907-8 there was a marked 

 improvement in cattle values between the time of marketing the 

 "short fed" and "long fed" cattle, which makes a showing in favor of 

 the long period very much better than it would be if prices had re- 

 mained stationary. 



