S Growing Feeder Steers in Western Nebraska 



the time from March 18 to May 4, when the steers ran to- 

 gether and were fed alfalfa and prairie hay. > As the pasture 

 was burned the grass was late in starting and the steers were 

 fed later in the spring than usual. 



PLAN OP BULLETIN. 



In the following account of the performance of these steers, 

 Tables 1 to 8 give the continuous record from December 3, 1907, 

 to August 5, 1910, carrying the cost forward from one period 

 to the next until the end of the experiment. The steers are 

 charged at $3.75 per 100 Ibs. at the beginning of the experiment 

 in Table 1. The "cost" of the steer from that date is obtained 

 by adding, to the original cost, 6 per cent interest on the money 

 invested in the steer and the market price of the feed eaten. 

 The interest is computed at the end of each period. This causes 

 a charge for interest to be made in the case of each steer for 

 the money invested in him up to the end of the preceding 

 period. In this way there is interest charged on the feed or 

 pasture after the end of the winter or of the summer period. 



Tables 25 to 31 inclusive give the record for each winter and 

 summer period independently of the preceding or the succeeding 

 period. The account treats the steer as if he were bought at 

 the beginning of the period and sold at the end. The assumed 

 market value of the steer is used for the basis of each period, 

 rather than the amount the steer had actually cost at that time. 

 These tables show the profit or the loss on each lot of steers 

 ;'or each winter and each summer. The value of the steer in 

 the fall is assumed to be $3.75 per 100 Ibs. and in the spring 

 $4.25. To the price of the steer at the beginning of the period 

 is added the cost of the feed and interest at 6 per cent on the 

 money invested in the steer during the period. 



