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used as hay have a feeding value equal to the best clover, 
alfalfa, and cowpea hays; in fact, peanut hay is one of the 
best of dairy feeds for milk production. As a result of the 
handling of peanuts in the cleaning factories there are quan- 
tities of finely broken and shriveled peas that are sold for hog 
feed, and sometimes ground into meal and sold for feeding to 
cows. The cake resulting from the manufacture of peanut 
oil is equal to the best cottonseed meal for feeding purposes. 
COST OF GROWING PEANUTS AND RETURNS. 
The total average cost of growing an acre of peanuts in the 
Southern States is about $12 where no commercial fertilizers 
are used. Add to this the cost of 200 to 300 pounds of ferti- 
lizer and the total will not exceed $16 an acre. On a block of 
land consisting of 54 acres in northern Louisiana during the 
season of 1910 the itemized cost per acre of production was as 
follows: Plowing and fitting the land, seed, and planting, 
$5.35; cultivation, $2.80; harvesting and stacking, including 
the cutting and hauling of poles, $3.87; thrashing and hauling 
to car, $4.80; bags and twine, $1.05; total cost, $17.87. This 
land produced an average yield of 60 bushels to an acre and 
1 ton of hay. The peanuts sold for $1 a bushel of 30 pounds 
and the hay for $12 a ton, making a total return of $72 an 
acre. Deducting the cost of growing, which included the 
foreman's time, the grower received a net return of about $54 
an acre, or $2,916 from the 54 acres. 
Doubtless a great many more peanuts will be grown in the 
future than in the past, but the demand is also increasing and 
there is money to be made so long as the price for Spanish 
peanuts remains above 2\ cents a pound for farmer's stock. 
There is great interest in hog raising throughout the Southern 
States, and peanuts are a valuable adjunct to corn for the pro- 
duction of high-grade hams and bacon. 
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