I . The production and metabolism of volatile fatty acids were stndied in sheep offered a cobalt-deficient diet.2. The molai proportions of acetic (60 "/o), propionic (zh x) and butyric (14 ?(, ) acids in the rumen fluids of' sheep giccn thc Co-deficient diet, but whose stores of vitamin B,, were adequate, were similar before arid after administration of an oral supplement of Co.3. In pair-fed sheep, one member of which was vitamin BIZ-deficient and the other (control) trcatcd with vitamin B,, parenterally, the concentrations after feeding of both totill and individual volatile fatty acids in the blood tended to be higher in deficient than in contro! sheep.1. Following injection of thc respective salts of individual volatile fatty acids into the blood-stream, formate clearance was apparently not affected, whereas that of acetate was slightly, and that of propionate very significantIy, delayed in vitamin B,,-dcficient sheep compared with pair-fed control animals.5 . Acetate metabolism was retarded in the prescncc of propionate; the effect was greater in deficient than in pair-fed control sheep.6 . The hypothesis is advanced that it is the failure to metabolize propionate at the normal rate that leads to the progressive loss of appetite in vitamin BIZ-deficient sheep.LOSS of appetite, the first sign of vitamin B,, deficiency seen in sheep that consume a cobalt-deficient diet, occurs when the concentration of vitamin R,, in the liver is reduced to about 0.1 pgig h e r tissue (Marston, 1970).Observation of pair-fed animals showed that, whereas the animal whose stores of vitamin B,, were adequate ate the whole of its ration in 1-2 h, the deficient member of the pair might take 24 h to consume the same amount of food. Following a 24 h fast, a deficient sheep sometimes ate ravenously for a short time and then left the remainder of its ration untouched for several hours.The :issociation, in deficient sheep. between consumption of small quantities of food a i d impairment of appetite led to a search for a metabolite(s) which accumulated in the blood-stream after feeding. As the ruminant derives the major portion of its cncrgy from volatile fatty acids produced by fermentation, a study was made of some aspects of the production, absorption and utilization of these acids in shecp given the Co-deficient diet. Lack of Co in the diet had no apparent influence on production or absorption of the volatile fatty acids produced by micro-organisms mithin the rumen. In those animals in which there was a lack of vitamin BIZ in the tissues, homever,