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How Important are Rapidity of Gain and Market Topping Prices in Determining Profit in Cattle Feeding?

Ohio Experiment Station

Abstract

Rapidity of gains and market topping selling prices are important factors in profitable livestock feeding work, but the cost of producing the gains is probably a more important factor than either in determining net returns on most farms where livestock are fattened for market. Feeders should not permit themselves to be misled on this question.

During the past season the Ohio Experiment Station fed five lots of 20 steer calves each for a period of nine months. The average daily gains of the five lots were 1.92 pounds, 2.00 pounds, 2.12 pounds, 2.14 pounds and 2.17 pounds. Two lots, namely: those gaining 2.17 pounds, daily, and those gaining 2.00 pounds, daily, sold for the same top figure—$12.75 per cwt. The slowest gaining lot sold for $12.25 per cwt. The cattle that made the most rapid gains, and sold at the top price, $12.75, returned 63 cents a bushel for the corn they ate, while the slowest gaining lot, that sold for 50 cents less per cwt. returned 65 cents for each bushel of corn fed them.