I agree completely. Your math is wrong, someplace.
My apologies. I read “$8/50 pound” as “$8.50/pound.” Kudos to you for sharing this!
http://123buildingchickencoop.com/Organic-Homemade-Chicken-Feed.php
Homemade Laying Feed:
Mix:
65% of grains (wheat, oats, barley, corn, milo (sorghum), brown rice and millet.
10% Alfalfa meal or ground hay
20% of fat/protein (oils seeds like sunflower seeds, sesame seeds, plus flax seeds, dried peas, lentils, cooked soybeans or soybean meal)
5% hydrated lime for calcium egg formation
1% trace mineral salt
—
Sounds pretty cheap to me. We have a lot of leftover wheat from our seed cleaning operation. I have been thinking about using some of it like this. I have a grist mill also, so it would be easy to do.