STEER FEEDING EXPERIMENTS 



17 



Table V shows the average amount of feed consumed per steer 

 in each lot during a feeding period of 140 days. The average per 

 steer for each year is tabulated and the average for the three years 

 is given. These data show the possibility of determining readily 

 the approximate amount of feeds required to supply a steer when 

 fed these different combinations. 



Table VI Buying and Selling Prices of Steers per Hundred Weight 



Table VI gives the buying and selling price of the cattle for 

 each year of the experiment. It also gives the margin necessary 

 to pay for the feed consumed during the experiment and the price 

 at which it was necessary to sell the cattle in order to break even 

 on the feeding operation. The margin necessary between the buy- 

 ing and selling prices of the cattle varies considerably in the dif- 

 ferent lots, depending upon the type of feeds supplied and the 

 amount of grain in the ration. In 1914-15 the cattle in all cases 

 sold for very little more than was paid for them as feeders, the 

 loss in Lot I being especially noticeable. 



Recapitulating the average for the three years, it will be noted 

 that there is a profit in all lots except in Lot I, where there is an 

 average loss of 33 cents per 100 pounds. In Lot V (a) there is a loss 

 of one cent, but that occurs in only one year. The same is true 

 of Lot V (b), in which there is a loss of 28 cents per 100 for one 

 year. 



