CALF FEEDIXG IX ALABAMA AXD MISSISSIPPI. 49 



knows what his cattle and feed cost, he can figure out very closely 

 how much profit he can make out of steer feeding if he receives 1|, 

 2, 2J, or 3 cents margin or spread on cattle. The data mentioned are 

 given in each of the experiments reported in this bulletin, and can, 

 therefore, be used by anyone familiar with figuring out profits on 

 cattle feeding. 



To put the work reported in this bulletin on a more comparable 

 basis and to bring it more up to date some tabulations have been pre- 

 pared which show the amount of feed required to make 100 pounds 

 of gain, the cost of 100 pounds of gain, and the profit realized per 

 calf in each experiment, if they had been sold at various margins. 

 All calves are charged in at the average price of 6^ cents per pound 

 on the farm, and the average price of all of the feeds for the years 

 1915 and 1916 are used. 



The Bureau of Crop Estimates furnished the following prices on 

 various feeds. These are the average for good quality for the years 

 of 1915 and 1916. 



Cottonseed meal per ton__ $36. 00 



Cottonseed cake do 36.00 



Shelled corn per bushel__ .86 



Corn-and-cob meal per ton__ 26. 00 



Cottonseed hulls do 14. 00 



Mixed alfalfa hay do 16.00 



Corn silage do 3.50 



Corn stover do 8. 00 



Cowpea hay do 15. 00 



Oat straw do 8.00 



The prices of feed used in the calculation of Table 29 were as 

 follows : 



Cottonseed meal per ton 36. 00 



Corn per bushel . 86 



Corn-and-cob meal do 26. 00 



Corn chop do 32. 00 



Cottonseed hulls do 14. 00 



Corn silage do 3. 50 



Alfalfa hay do 18.00 



Mixed alfalfa hay do 16.00 



Pasture 50 cents per head for 28-day period. 



If these prices for the feeds are used the cost of 100 pounds of gain 

 for the calves of lot 1 ranged from $7.89 in 1911-12 to $9.77 in 

 1912-13. 



The cost of 100 pounds of gain for the corn-fed calves of lot 2 

 ranged from $8.68 to $9.65 per 100 pounds, or somewhat higher than 

 for the cottonseed-meal-fed calves. 



The calves of lot 3, which were fed a heavy corn ration, made 

 still more expensive gains, the cost of each 100 pounds of gain 

 ranging from $7.77 to $11.13. 



