How To Calculate Slides On Livestock?

What is the slide when selling cattle?

The “slide” is a predetermined adjustment in the sale price of cattle and is included in the contract (forward contracting) or in the description of the cattle (video or Internet marketing) being offered for sale.

How do you calculate CWT in cattle?

How Do You Calculate CWT in Cattle? In the U.S., cattle and all other commodities are weighed in pounds. A hundredweight equals 100 pounds in North America. So, the total weight of the cattle divided by 100 equals the number of hundredweight of cattle.

How do you read livestock prices?

For example, say 300- to 500-pound steers are averaging $95 to $118. The price listed is for hundred weight. In other words, for every 100 pounds the steer weighs, you will receive up to $118.00. Thus, a 350-pound calf would bring $413.00 (3.5 X $118).

How do you calculate breakeven on feeder cattle?

Breakeven can be calculated as (initial animal cost + interest on cattle + feed cost + interest on feed + yardage + health + processing + death loss) divided by final weight.

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What is a 10 cent slide on cattle?

Legendary Livestock is using the following system for website users choosing a price slide. The slide is measured in dollars per hundred weight ($/cwt) or cents per pound. $10/cwt is the same as 10 cents/lb. A price slide works on the assumption that heavier animals receive lower prices per hundred weight (cwt).

What is cattle selling for?

Based on the 2019 budget, slaughter cows (1,200 pounds) are expected to average $50 per hundredweight, while 550 pounds steers and 520 heifers are expected to average $145 and $130 per hundredweight respectively.

How do you calculate cattle slides?

Since heavier cattle typically sell for less per pound due to their decreased feed efficiency, slide amounts are also lower. On an 800 pound yearling sold for $1.25 with an $. 06 slide that came in at 825 lbs at delivery, the slide adjustment would be $123.50/cwt [Slide ($. 06) X Pounds Over (25) = $1.50/cwt or $.

How much is a cow worth 2019?

Based on the 2019 budget, slaughter cows (1,200 pounds) are expected to average $50 per hundredweight, while 550 pounds steers and 520 heifers are expected to average $145 and $130 per hundredweight respectively.

How do you calculate cattle gain cost?

A: Cost of gain is figured by dividing the total cost by the total pounds gained. If your total cost to feed your cattle from 600 lbs. to 1,200 lbs. (600 lbs. gain) was $356.94 per head, your cost of gain would be 59.49 per pound ($356.94 total cost divided by 600 lbs.

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How does a livestock market work?

How are animals sold? Most cattle and calves, and some sheep and pigs, are sold through an auction ring. The animal(s) are moved around the enclosed ring by an experienced drover and/or the owner of the animal(s), in order to allow the buyers to view and bid for the stock.

How much is a 2020 Steer?

Also this week, CattleFax released their price expectations for 2020. They are forecasting finished steers to average 118 next year, with potential to top out near $130. 750 pound steers are estimated at an average of $146 and 550 pound steer calves at $165, both just slightly ahead of their 2019 averages.

How much is a ton of cattle feed?

If you are feeding the $400 per ton hay that is $800 per cow, if you are able to lower your costs a bit to $250 per ton hay you’ll spend $500 (or $2.81/day) per cow for the hay feeding period. For your herd of 10 cattle, you will be spending $500 per cow or $5,000 total.

How much does it cost to feed a cow in a feedlot?

Usual current rates are about $2.00 per mile to a custom feedlot. Shipment of cattle 300 miles with a 50,000-pound load will add about $1.20/cwt to the cost of the cattle.

What is feedlot yardage?

Yardage cost is the non-feed cost per head for every day that an animal is fed harvested feed in some form of confinement. Yardage is usually associated with calves and yearlings in the feedlot, but this concept can apply to drylotted or wintering cows as well.

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