Lakeland, Florida

Sell Market

Sell Weight

lbs

Sell Price

$/cwt

Sell Total

$/hd

Cost of Gain

$/lb

Fixed Cost

$/hd

Replacement Market

Relative Value $ Per Head $ Per CWT Display Weight Display Price Display Ranges

Tallahassee, FL Tue Sep, 19 2023 Cattlemen's Livestock Auction - Lakeland, FL Feeder Cattle Weighted Average Report for 9/19/2023 Current Previous Year Ago —————————— —————————— —————————— Total 783 902 813 Feeder Cattle 681 848 732 Slaughter Cattle 102 54 81 Compared to one week ago: Slaughter cows and bulls mostly steady. Feeder steers, bulls, and heifers mostly steady. Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 270-285 278 335.00-355.00 344.73 6 315-330 323 260.00-280.00 267.85 7 350-385 365 305.00-320.00 311.78 5 400-425 410 295.00-315.00 306.71 5 465-480 474 260.00-280.00 267.85 8 505-520 513 250.00-270.00 259.85 10 550-575 563 247.00-257.00 252.11 9 605-615 611 230.00-233.00 231.32 Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 5 310-335 320 300.00-320.00 308.38 6 355-380 368 275.00-295.00 284.66 7 415-435 426 270.00-280.00 275.83 4 455-485 470 245.00-255.00 250.16 3 550-565 560 230.00-240.00 233.27 Steers Medium and Large 3 Head Wt Range Avg Wt Price Range Avg Price 4 410-435 423 235.00-245.00 240.15 Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 4 265-280 273 275.00-300.00 287.16 12 300-340 320 245.00-295.00 268.44 5 360-385 370 260.00-280.00 271.68 9 415-425 421 245.00-260.00 253.42 4 475-485 480 240.00-250.00 244.95 9 505-535 518 225.00-235.00 229.59 10 550-575 563 220.00-230.00 225.11 Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 4 315-335 325 250.00-295.00 273.19 4 355-370 363 240.00-250.00 244.90 4 460-470 465 225.00-235.00 230.05 Slaughter Bulls Head Wt Range Avg Wt Price Range Avg Price 5 1370-2010 1790 116.00-125.00 118.88 Slaughter Cows Head Wt Range Avg Wt Price Range Avg Price 5 940-1220 1010 84.00-90.00 87.43 Lean 10 1155-1220 1188 91.00-98.00 95.26 Boner 2 1190-1260 1225 100.00-102.00 101.03 Boner, High Dressing

Source: www.ams.usda.gov/mnreports/ams_1607.pdf

How to Use Market Reports

This is a calculator that retrieves the latest available market report for the specific location you are looking at. The chart will depict the total Relative Value between your Sell Market and what can be replaced with.

Sell Market

The first information to enter is the known information. We know what we have in inventory that can be sold, or we know what we have just sold.

The basis for the chart is the known information. You know what you have to sell, or have just sold.

Cost of Gain – This is what it costs for you to put on a pound of weight gain. These costs can include feed, yardage, interest, medicine, death loss, freight, etc.

Fixed Costs – This is for costs that do not scale with the total weight difference. These costs can include medicine, death loss, etc.

Tip! Remember that profit is a cost.

Replacement Market

The chart depicts the total Relative Value for each weight of the selected class of cattle against the Sell Market values. Points above zero are Over Valued, under zero are Under Valued, compared to the one just sold.

Show Weights – This will show the weight beside the point on the chart.

Show Ranges – If there is a weight and/or price range shown on the market report this will depict that as a shaded oval using the high/low ranges to calculate to range of the relative value.

Each point on the chart will also give you some quick information on the value of the trade.

Data

Weight –

$/cwt –

Total –

Condition – If any specific condition is noted in the Market Data Report it will also be noted here. If there is any noted condition for this weight it will not be included in the line shown on the chart.

Relative Value – The total Relative Value per head of the trade between Sell Market values and this purchase. Negative values are Under Valued, positive numbers are Over Valued.

Value of Gain – The relative Value of Gain per pound of the trade between Sell Market values and this purchase. Value of Gain numbers that exceed the Sell Market Cost of Gain will result in an over valued replacement.

Bid Threshold – The Bid Threshold is the maximum price per cwt that can be paid for this trade against the Sell Market Value without the Value of Gain exceeding the Sell Market Cost of Gain.

Report

The market report that is used to derive that data for the Value Chart.

How To Use Market Reports

Sell Market

The first information to enter is the known information. We know what we have in inventory that can be sold, or we know what we have just sold.

The basis for the chart is the known information. You know what you have to sell, or have just sold.

Cost of Gain – This is what it costs for you to put on a pound of weight gain. These costs can include feed, yardage, interest, medicine, death loss, freight, etc.

Fixed Costs – This is for costs that do not scale with the total weight difference. These costs can include medicine, death loss, etc.

Tip! Remember that profit is a cost.

Replacement Market

Show Weights – This will show the weight beside the point on the chart.

Show Ranges – If there is a weight and/or price range shown on the market report this will depict that as a shaded oval using the high/low ranges to calculate to range of the relative value.

Each point on the chart will also give you some quick information on the value of the trade.

Data

Weight –

$/cwt –

Total –

Relative Value – The total Relative Value per head of the trade between Sell Market values and this purchase. Negative values are Under Valued, positive numbers are Over Valued.

Bid Threshold – The Bid Threshold is the maximum price per cwt that can be paid for this trade against the Sell Market Value without the Value of Gain exceeding the Sell Market Cost of Gain.

Report

The market report that is used to derive that data for the Value Chart.