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If they are layers, there isn't such a thing as leaving feed out too long for them. Now the meat breeds - like cornish - I hear that is a different story. If price is an issue, around here, you can get two-grain scratch for the same price as corn- and the protein count is 10%.
Also, oats are the same price- and the protein is around 13%. So for the money, if you should decide to mix in a couple of other things - same price - and higher protein. Corn is good too!
im on a budget for feed, and i can get a 50lb sack of corn for $6, so thats how feeding was introduced to me. im new to this, not even a week into it. If oats will work for an all around feed, i can easily do that for a similar price. would that be sufficient, with corn, greens, and oyster shells as a background feed?
Around here the corn, oats, and scratch are all $10 per 50 lb bag.
Any one of the grains by themselves is not balanced or sufficient. What they would be missing is the higher protein content of seeds. The layer feed uses soybeans (ROASTED) as the protein source usually. I like seeds better, and if you are interested, see my BYC page for more ideas. I pay more than just buying commercial layer feed per lb., though.
The layer feed is (was- before the gas prices went up) $15 per 50 lb bag. That would really be the cheapest option that I recommend to you. But you sounded like you were sticking to a budget where you didn't want to spend more than what you were already spending on corn, so I mentioned the other grains. They really don't LIKE oats all that much, I can tell you. They do like scratch, which has wheat in it, too (at least mine does).
I hope this helps!