Evening Republican, Volume 23, Number 252, Rensselaer, Jasper County, 20 October 1920 — agricultural news. [ARTICLE]

agricultural news.

Mr. Proulx has gotten up ; a very interesting statement regarding the cotton seed meal prices in Indiana. The following is his statement verbatim: “The two principal protein concentrates which Indiana farmers purchase in order to re-enforce their farm grown feeds are tankage and cottonseed meal, both of which are purchased strictly on the protean barns. The price of tankage containing 60 per cent' protein still remains firm, at 1100.00 to SIIO.OO per ton and is the only feed that has not experienced a drop m price, due probably to less available stocks on hand. Quotations on the new crop of cottonseed meal are now available. High grade cottonseed meal which contains 43 per cent protein and which wa* sold in last November in carload lots for $88.65 per ton, is now yoted at >54.60 per ton ,a drop of >29.05, while low grade cottonseed meal containing 36 per is now quoted for >49.60 per ton. It i* impossible to prophesy the price which Will prevafl throughout the 1920 crop, but since farmers purchase this mead on the protein bads, they wiH find that protein in high grade meal costs less than protein in low grade mead. Purchasers will do wen to secure price lists from brokers or dealers on both

Actual quotations Oct. 7 on~ cayload lota, delivered to Indiana points were: J 43 per cent protein cottonseed t per-centq protein cottonseed meal, 849.60 per ton. 1 It is an easy matter to figure one at the following methods: Uring first the unit basis method at calculation, the 43 per cent cottonseed 1 to >L3B ner unit . efprotein, obtained also * 7 tfce I $49r60, per ton oy 00. . dDcj’ • i per coirt umnu oowh

of 11 cento per unit is taade by purchasing the high grade ■ cottonseed meal. This 11 cento saving on each unit multiplied by the number of units of protein in a 30 ton car which is 1290, obtained by multiplying 43 by 30, shows an actual saving of $141.90 in favor of the high grade 43 per cent cottonseed meal on each car load. Many farmers find it easier to work this problem-on the pound basis. 'Hie 43 per cent protein cottonseed meal et 554.60 per tan would become $2.78 per 100 pounds and since each 100 pounds contains 43 pounds of protein, one pound of protein would be $0.0685, obtained by dividing $2.73 by 43. The 86 per cent meal quoted at $49.60 per tan likewise gives the price of $2.48 by 36, the number of pounds of protein in 100 pounds of we obtain $0,069 as the cart of one pound of protein in the 36 per cent meal. Since a pound of protein in the 43 per cent meal costa meal costs $0,069, the difference in cost, namely $0.0055, is the saving on one pound of protein protein in a 30-ton car of 48 per cent cottonseed mori, this amount multiplied by $0.0055 w»| show that $141.90 is saved by purchasing erade meal.

It is just as logical for Indiana corn mills to grind the com and cob together and sett it for ground corn throughout the cotton belt as it is for toe cotton oil mills to add cottonseed hulls to the meal and sen the mixture as cottonseed meal throughout the corn belt.” The reports that have come &un the township Farmats- Tederahon meetings held last week in these well attended. • i. - Mich aS jUrnftara •nil netting electing meir airwwn RusseM Van Hook andthe fiSd^nd towSfep meetS. All three meetings had a ' * i.Tjrn «w/>iMtance of very enMM

thusiastic fanners. It to a real pleasure to attend such meetings and to come in contact with the best citizens of our county. wihZ an Ear-to-Eow demonstration on Garland Grant’s farm, Mr. da R. °S. tO Thanas, "asatataJrt Tn the Soils and Crops Department * Purdue will be here to assist in holding the demonstoation, The object of the demonstration is to dues com to sore ftu other ear, evening October 22 at oitffct O CIOCK.