IX. 



Summary of the Cost of the Daily Fodder Rations (cents) 



4. On valuation of feed. 

 The commercial valuation of the feed adopted in this report is 

 based on the contemporary local market cost (Nov., 1890, to May, 

 1891) of the different fodder articles used, i. e. their retail selling 

 price at Amherst, per ton. The market price of the coarse fodder 

 constituents of the daily diet, as rowen, fodder corn, corn ensilage, 

 soja beans and corn stover is the same as during the preceding year 

 for the same period, Nov., 18S9, to May, 1890 ; while that of most 

 of the grain feed ingredients of the daily diet, as corn meal, wheat 

 bran, gluten meal, and cotton seed meal is exceptionally high, as 

 compared with that during the preceding year for corresponding- 

 months ; old process linseed meal alone had suffered a t light reduction, 

 one dollar per ton. 



The changes in their maiket price were as follows : 



Local market 'price per ton of 2000 pounds at Amherst, Mass. 



The above stated change in the market cost. of cornmeal, wheat 

 bran, gluten meal and cotton seed meal affects very materially the 



