ABSTRACT:The objectives of this study were to estimate (co)variance components for growth and feed efficiency measures, and to compare selection strategies to improve economic efficiency of gain. Variance components for pre-and postweaning growth, body weight, and measures of feed efficiency were estimated from data collected on 1,047 Targhee lambs over 7 yr. Approximately 21 d after weaning, lambs were group-fed for 4 wk, with ad libitum access to a diet of 37% whole barley grain and 63% pelleted alfalfa hay. Lambs were then individually fed for 6 wk. Lambs were then returned to group feeding for another 4-wk period. The mean feed conversion ratio (gain/intake) for the individual feeding period was 0.11. Mean postweaning ADG for the total 14-wk feeding period was 0.26 kg. (Co)variance components were estimated from single-and two-trait animal models using REML. The selection strategies compared included direct selection, index selection, and restricted index selection. Estimates of (co)variances derived from single-and two-trait models were similar,