LAMB FEEDING EXPERIMENTS. 
17 
COST AND PROFIT. 
Table VIII. gives the cost and profit from feeding lambs 
with sugar beets and beet pulp rations. The estimate of 
profit is based on a price of six cents per pound for the 
gain made during the feeding period and is the comparative 
rather than the total profit. The total profit would vary 
with the first cost of the lambs and the selling price. Our 
lambs cost us almost five cents per pound, and if sold at an 
advance of one cent, or six cents per pound when fat, the 
profit would be increased by the cent per pound for the 
weight of the lambs when put on feed, or an average of 
about 55 cents, amounting to $2.75 more for the fat lambs 
in each pen than the profit indicated in the last column 
of the table. 
TABLE VIII. 
COST AND PROFIT. 
Feed. 
Cost 
of 
Feed. 
Cost 
1 lb. 
Gain. 
Value 
Gain 
@ 6 cts. 
Value 
Wool 
@ 10 cts. 
Total 
Value of 
Gain. 
Profit. 
Lot I. 
Palp, Alfalfa, 
$ 
2.76 
Ct8. 
2.83 
$ 
4.56 
$ 
1.60 
$ 
6.16 
$ 
3.40 
Lot II. 
Palp, Grain, Alfalfa 
5.17 
4.65 
5.64 
1.70 
7.34 
2.17 
Lot III.... 
Beets, Alfalfa,* 
5.08 
4.16 
6.36 
1.60 
7.96 
2.88 
Lot IV. 
Beets, Grain, Alfalfa 
6.73 
4.87 
7.26 
1.70 
8.96 
2.23 
*Fed grain last three weeks. 
The cost for each pound of gain was the lowest for Lot 
I. fed pulp and alfalfa. A good gain was made by this lot 
and the low cost of the food made the cost per pound of 
gain only 2.83 cents, while the total profit on the gain is 
$3.40 which is the highest return made by any lot in either 
experiment I. or experiment II. (See Table XV. Experi¬ 
ment II). While the profit was greater than that from any 
other lot their total gain and the percent of dressed weight 
was lower than any of the others which might have pro¬ 
duced an appreciable effect on their selling price in the 
open market. All the figures here given account for one 
day’s shrinkage in the yards, but if shipped a long distance 
it is not unlikely that the shrinkage would be greater from 
the pulp fed lambs. 
The next best profit was from Lot III. given sugar beets 
and alfalfa with some grain the last thirty days. This lot 
