SO. BULLETIN NO. 58. 



14.) Un the average for 129 days each steer in this carlot ate 

 24.4 pounds of hay and 4.7 pounds of grain per day. They required 

 18.0. pounds of hay and 3.81 pounds of grain for each pound of in- 

 crease in live weight, and the cost of this increase averaged 8.4 

 cents per pound. See page 74. 



(5.) These steers cost 2.58 cents per pound and sold for 3.5 

 cents per pound live weight. With this difference and considering 

 the cost of the food, the profit on the food given each steer of this 

 car was as follows : 



Lot I. fed 3 pounds of grain $7-31 each. 



Lot II, fed 5 pounds of grain 4.32 each. 



Lot III, fed 7 pounds of grain 3-45 each. 



Lot IV, fed 10 pounds of grain i .81 each. 



(6.) In the experiments conducted in feeding a car lot of 

 steers for the past six years, in but one year, and then with but one 

 lot, has the selling price of the steers equaled the cost of the gain. 

 The profit is a business matter and must come from selling the 

 animal at an ;u!vancd price per pound over the buying price. 

 The better condition of the animal generally makes it poss'b'e to 

 get this extra price. Page 76. 



(7.) The above fact does not make less important the neces- 

 sity for the investigations to find the most efficient and cheapest 

 ration. For the six years during which these tests have run, the 

 difference in cost between the rations fed for the various years 

 wovdd mean a difference of from $92.00 to $560.00 more profit on 

 ioo steers. See page 77. 



