2. The carbon dioxide ratio, i.e. the ratio of the specific activities of expired carbon dioxide during the infusion of [1-14C]acetate and [2-14C]acetate, respectively, was 1-58 ± 0-17 (3) for non-pregnant sheep, 1-66 ± 0-25 (4) for sheep in early pregnancy, 1-74 + 0-14 (4) for sheep in late pregnancy, and 1-18 ± 0-11 (3) for under-fed sheep in late pregnancy. Calculations based on the last two ratios indicate that citric acid-cycle turnover in under-fed pregnant sheep is about one-quarter of the turnover found in well-fed pregnant sheep.3. The output of carbon dioxide is similar in all four groups of animals, but the percentage of carbon dioxide derived from acetate is low in the poorly-fed sheep in late pregnancy. The amount of acetate converted into carbon dioxide is lower in these animals but, because total aceta.te utilization is low in this group, the acetate presented to the tissues is oxidized as readily as in the sheep of other groups.