COMPARISON OF ROUGHAGES FOR FATTENING STEERS. 7 
The amount of cottonseed meal required to make 100 pounds of 
gain varied very little for each of the three lots, ranging from 242 
to 251 pounds. The cost of the gain varied greatly, however, there 
being a difference of $2.69 per 100 pounds between the cost for 
Lots 1 and 2. The use of cottonseed hulls at $9.50 per ton is usually 
of very questionable economy and at times is quite unprofitable. 
Corn silage proved much more economical as a feed at $3.25 per ton. 
As 1,711 pounds of corn silage (the amount required to make 100 
pounds of gain) proved equal to 1,142 pounds of hulls and three 
pounds of cottonseed meal, then each ton of silage proved to be 
worth $6.38 when cottonseed hulls cost $9.50 per ton. This is a very 
strong argument for using corn silage on the farm, for in Alabama 
it can usually be grown and put up for about $3 per ton. 
FINANCIAL STATEMENT. 
The silage was almost exhausted at the end of the third period and 
it was decided to terminate the experiment, but as the steers were not 
finished their valuation on the farm was appraised and they were 
continued on a feed of cottonseed hulls and cottonseed meal for a 
while longer. 
All lots were appraised at the same value, viz, $6.75 per 100 
pounds on the farm less 3 per cent shrinkage. The following finan- 
cial statement has therefore been made for the 84-day feeding ex- 
periment : 
Financial statement. 
Lot 1, cottonseed meal and cottonseed hulls : 
To 20 steers, 16,747 pounds, at $5.25 per hundredweight $879. 21 
To 10,510 pounds cottonseed meal at $27.50 per ton 144. 51 
To 47.823 pounds cottonseed hulls at $9.50 per ton 227. 16 
Total expenditure 1, 250. 88 
By sale of 20 steers, 20,306 pounds, at $6.75 per hundredweight— 1, 370. 65 
Total profit 119. 77 
Average profit on each steer 5. 99 
Lot 2, cottonseed meal and corn silage: 
To 20 steers, 16,931 pounds, at $5.25 per hundredweight 888. 87 
To 10,510 pounds cottonseed meal at $27.50 per ton 144. 51 
To 72,521 pounds silage at $3.25 per ton 117. 85 
Total expenditure 1, 151. 23 
By sale of 20 steers, 20,535 pounds, at $6.75 per hundredweight— 1, 386. 11 
Total profit 234.88 
Average profit per steer 11. 74 
Lot 3, cottonseed meal, one-half cottonseed hulls, one-half corn silage : 
To 20 steers, 16,390 pounds, at $5.25 per hundredweight 860. 47 
To 10,510 pounds cottonseed meal at $27.50 per ton 144. 51 
To 31,520 pounds cottonseed hulls at $9.50 per ton 149. 72 
To 27,861 pounds silage at $3.25 per ton 48. 52 
Total expenditure 1, 203. 22 
By sale of 20 steers, 20,103 pounds, at $6.75 hundredweight 1,356. 95 
Total profit 153. 73 
Average profit per steer 7.69 
