Growing Feeder Steers in Western Nebraska 



31 



TABLE 19. Cost* of steers at the beginning of the experiment, 

 and at the close of each period. 



* The "cost" as used in this table is arrived at as follows: The first 

 cost at the beginning of the experiment values the steer at $3.75 per 

 100 Ibs. To this first cost there is added at the end of the lirst period 

 6 per cent interest on the money invested and the cost of the feed eaten 

 at the prices quoted on page 6. The amount thus secured is considered 

 the cost at the beginning of the second period. The cost at the end of 

 the second period plus 6 per cent interest on that cost during the period, 

 plus the cost of the feed during the period, gives the cost at the end of 

 that period. The cost at the end of the other periods is arrived at in the 

 same manner. 



Table 19 shows that the lots fed alfalfa or part alfalfa had 

 a greater expense account to settle than those not fed alfalfa, 

 but they also had more weight than the other lots with which 

 to offset this account. They would also have commanded a 

 higher price per 100 Ibs. on the market, due to the better con- 

 dition of flesh. 



Table 20, showing the price per 100 Ibs. at which the steers 

 would have to sell in order to pay the account against them, 

 more nearly shows the true condition. 



