FACTORS IN SELECTION OF FEEDING SHEEP 25 



purpose, since many feeders use rations which approximate 

 the one used in this case. 



" The table shows prices at which the lambs in Lot 1 

 would have to sell at home to pay for the original cost of 

 the lambs and the feed consumed during the experiment, 

 with feeder lambs at prices ranging from |3.00 to |7.50 

 per hundredweight at home, and with hay and corn prices 

 in tlie combinations given in the two top lines of the table. 



" The figures underlined are those that show instances 

 where the selling price may be less than the purchase price, 

 under the conditions named. 



" The following brief computation jjresents the method 

 by which the table was prejaared (feeder lambs at t3.00 per 

 hundredweight, hay |6.00 per ton, corn $0.45 per bushel) : 



Cost of tu.~) pounds feedei' lambs at $3.00 per hundredweight $2.02 

 Cost of food (lo.j pounds hay, 12:j.7.j pounds corn) fed to 



produce 30.7.3 pounds' gain . 1.46 



Cost of 08.2.") pounds fat lamb ... . . 3.48 

 Selling price per hundredweight necessary to pay for feeder 



lamb and food consumed . ... 3. .346 



Advance ]_ier hundredweight reqiured to prevent loss . . .546 " 



