Somerset, Kentucky

Sell Market

Sell Weight
lbs
Sell Price
$/cwt
Sell Total
$/hd
Cost of Gain
$/lb
Fixed Cost
$/hd

Replacement Market

Weight
$/cwt
$/hd
Condition
Relative Value
Value of Gain
Bid Threshold
Weight
$/cwt
$/hd
Condition
Relative Value
Value of Gain
Bid Threshold
Frankfort, KY Sat Nov, 09 2024 Lake Cumberland Livestock - Somerset, KY Feeder Cattle Weighted Average Report for 11/09/2024 Current Previous Year Ago —————————— —————————— —————————— Total 816 1299 701 Feeder Cattle 702 1138 575 Slaughter Cattle 74 114 71 Replacement Cattle 40 47 55 Compared to last Saturday the feeder market was mostly stronger with a good quality offering. Good quality feeder steers 550 lbs and under were 2.00 to 6.00 higher with a good supply and strong demand. Yearling steers appeared steady but with limited comparisons. The feeder heifer market was mixed as the market ranged from 3.00 higher to 3.00 lower across the weight breaks as buyers were willing to pay premiums for weaned and guaranteed open packages of calves. Slaughter cows were mostly steady to 2.00 higher with the higher dressing individuals and slaughter bulls were steady. There was a good supply and good demand for the slaughter animals. Steers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 260 260 310.00 310.00 4 310-340 318 330.00-337.50 335.49 Fancy 9 300-340 328 300.00-324.00 319.68 5 365-375 369 328.00-345.00 338.95 Fancy 8 350-392 381 310.00-322.50 319.45 3 411 411 322.50 322.50 Fancy 3 405-425 418 302.50-305.00 304.19 15 454-473 460 303.00-320.00 313.81 Fancy 9 455-498 479 280.00-300.00 285.78 1 510 510 280.00 280.00 11 550-572 568 255.00-270.00 265.03 9 605 605 277.00 277.00 Value Added 16 601-637 617 249.00-265.00 252.19 1 655 655 258.00 258.00 3 725-747 740 225.00-250.00 241.83 8 750-797 774 220.00-240.00 230.40 1 855 855 220.00 220.00 5 903-940 918 210.00 210.00 1 970 970 190.00 190.00 2 1020 1020 205.00 205.00 2 1090 1090 200.00 200.00 46 1130 1130 196.50 196.50 Value Added Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 2 272 272 280.00 280.00 1 300 300 290.00 290.00 3 350-380 363 280.00-295.00 286.56 3 490-495 492 250.00-270.00 258.31 2 642 642 230.00 230.00 1 655 655 220.00 220.00 1 740 740 220.00 220.00 Steers Medium and Large 2-3 Head Wt Range Avg Wt Price Range Avg Price 1 495 495 220.00 220.00 3 791 791 187.50 187.50 Heifers Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 3 280-287 285 260.00 260.00 9 308-336 320 267.50-285.00 277.77 13 350-390 373 240.00-260.00 253.05 18 407-445 429 235.00-250.00 242.71 24 455-495 472 230.00-250.00 238.35 24 502-540 517 230.00-245.00 235.13 25 550-590 566 222.50-242.50 233.32 14 600-645 617 210.00-233.00 217.66 8 651-680 660 212.50-225.00 216.62 13 673-680 674 237.00-238.00 237.08 Guaranteed Open 4 710-712 711 200.00-215.00 206.25 5 756 756 222.50 222.50 Guaranteed Open 3 788 788 210.00 210.00 3 817-840 825 190.00-200.00 193.40 2 890 890 195.00 195.00 3 905-935 915 180.00-200.00 193.19 Heifers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 6 315-345 331 240.00-260.00 251.25 4 355-390 374 227.50-245.00 237.58 10 402-426 413 228.00-237.50 231.35 6 465-495 479 200.00-215.00 207.11 8 500-545 527 200.00-220.00 209.13 7 570-595 575 200.00-215.00 203.64 7 600-635 619 200.00-207.50 204.62 1 640 640 190.00 190.00 Fleshy 1 725 725 170.00 170.00 1 845 845 150.00 150.00 2 872 872 175.00 175.00 2 990 990 157.50 157.50 Heifers Medium and Large 2-3 Head Wt Range Avg Wt Price Range Avg Price 4 255-270 264 220.00-235.00 227.32 2 305-320 313 220.00-230.00 224.88 5 373-385 375 210.00 210.00 1 580 580 170.00 170.00 Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 200 200 300.00 300.00 2 260-290 275 290.00-300.00 294.73 4 315-340 331 307.50-312.50 308.75 Fancy 3 330-340 333 275.00-300.00 283.50 1 355 355 325.00 325.00 Fancy 6 350-395 366 300.00-315.00 308.26 8 400-432 418 295.00-317.50 301.98 3 455-465 458 295.00-314.00 307.57 Fancy 4 460-482 475 270.00-283.00 274.52 14 505-542 524 240.00-255.00 248.34 14 570-591 588 240.00-247.50 243.67 20 605-647 631 232.50-247.50 239.94 6 655-675 666 230.00-244.00 237.97 9 700-745 713 200.00-215.00 205.62 3 755-775 768 190.00-200.00 196.64 1 1045 1045 159.00 159.00 1 1055 1055 167.50 167.50 1 1330 1330 174.00 174.00 Young Bulls Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 2 200-210 205 240.00-275.00 257.07 1 285 285 265.00 265.00 2 347 347 267.50 267.50 4 420-445 433 265.00-290.00 277.01 22 450-498 478 250.00-270.00 259.69 3 505-545 525 227.50-237.50 231.54 6 555-556 556 225.00-240.00 232.49 6 615-648 640 210.00-220.00 211.60 3 670-685 678 190.00-200.00 193.29 1 745 745 192.50 192.50 1 795 795 170.00 170.00 2 977 977 130.00 130.00 Bulls Medium and Large 2-3 Head Wt Range Avg Wt Price Range Avg Price 1 265 265 260.00 260.00 2 475-480 478 200.00-230.00 214.92 1 605 605 183.00 183.00 Bulls Large 1 Head Wt Range Avg Wt Price Range Avg Price 2 602 602 232.50 232.50 Dairy Steers Large 3 Head Wt Range Avg Wt Price Range Avg Price 2 607 607 120.00 120.00 1 890 890 125.00 125.00 1 1010 1010 152.50 152.50 Slaughter Steers Head Wt Range Avg Wt Price Range Avg Price 1 1290 1290 202.50 202.50 Select and Choice Slaughter Bulls Head Wt Range Avg Wt Price Range Avg Price 2 1280-1630 1455 120.00-138.00 127.92 Low Dressing 2 1105-2055 1580 150.00-157.00 152.45 High Dressing 7 1330-2335 1750 141.50-148.00 144.06 Slaughter Cows Head Wt Range Avg Wt Price Range Avg Price 5 755-1235 958 104.00-115.00 109.93 Lean 7 760-1235 1017 86.00-100.00 92.21 Lean, Low Dressing 8 915-1370 1073 60.00-80.00 71.68 Lean, Very Low Dressing 5 1090-1285 1218 115.00-122.00 118.84 Boner 10 1080-1500 1258 100.00-110.00 105.84 Boner, Low Dressing 10 1315-1720 1453 100.00-111.00 107.19 Breaker, Low Dressing 3 1415-1515 1470 130.00-143.00 137.80 Breaker, High Dressing 10 1310-1910 1546 115.00-128.00 120.06 Breaker Bred Cows Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 1015 1015 137.93 137.93 Middle Aged, 1st Stage 1 1065 1065 112.68 112.68 Aged, 1st Stage 3 1100-1130 1120 162.95-172.77 169.25 Young, 2nd Stage 3 1090-1280 1205 118.26-124.48 121.56 Aged, 2nd Stage 2 1175-1340 1258 131.16-155.01 143.87 Middle Aged, 3rd Stage 17 1040-1645 1275 98.04-166.67 132.84 Middle Aged, 2nd Stage 1 1400 1400 125.00 125.00 Aged, 3rd Stage Cow-Calf Pairs Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 1 1750 1750 125.71 125.71 Middle Aged, Open, >300 lb calf

Sell Market Tutorial

Market Report Data Tutorial

Replacement Market Tutorial

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.

https://valueofgain.com