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Abstract
Excerpts: Plains Cooperative Oil Mill (PCOM) Lubbock, Tex., a largescale regional with more than 120 cooperative cotton gin members, receives and processes 250,000 to 350,000 tons of cottonseed annually. In addition, it has been processing an increasing tonnage of soybeans. The feed plant operation is a sideline activity and represents 3 to 4 percent of total sales. In a letter to Farmer Cooperative Service, management of PCOM requested a feasibility study of their feed plant operations in conjunction with their overall milling. Primary objectives of the study were to determine costs, margins, and returns for feed plant operations during the 1970-71 season and to project returns for various levels of production with the present feed plant capacity.