Caldwell, West Virginia - ( Cattlemen's Livestock Exchange ) - December 1, 2023

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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

Charleston, WV Fri Dec, 01 2023 Cattlemen's Livestock Exchange - Caldwell, WV Feeder Cattle Weighted Average Report for 12/01/2023 Current Previous Year Ago —————————— —————————— —————————— Total 517 406 506 Feeder Cattle 359 333 294 Slaughter Sheep/Lambs 78 15 109 Slaughter Cattle 52 50 68 Slaughter Goats 21 2 29 Replacement Cattle 7 6 6 Steers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 275 275 222.00 222.00 6 325-344 341 220.00-235.00 232.62 1 350 350 200.00 200.00 6 455-495 476 200.00-225.00 216.33 26 515-540 533 205.00-230.00 225.79 2 575-595 585 210.00-215.00 212.46 20 603-645 622 185.00-230.00 211.90 35 651-695 657 180.00-220.00 217.23 13 715-745 722 190.00-215.00 199.28 3 750 750 215.00 215.00 3 860 860 180.00 180.00 Steers Medium and Large 2 Head Wt Range Avg Wt Price Range Avg Price 6 368 368 210.00 210.00 Heifers Medium and Large 1 Head Wt Range Avg Wt Price Range Avg Price 1 245 245 185.00 185.00 10 300-345 329 140.00-200.00 185.53 11 350-396 377 150.00-180.00 168.13 24 400-425 417 150.00-380.00 195.28 18 459-497 472 150.00-206.00 196.66 40 505-545 519 175.00-219.00 206.87 15 550-595 563 192.00-211.00 199.05 21 616-635 624 180.00-211.00 197.06 7 650-665 658 170.00-200.00 190.78 3 730-745 735 160.00-170.00 163.38 4 755-797 776 175.00-185.00 179.86 4 850-880 873 150.00-165.00 161.35 Bulls Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 4 380-386 385 200.00-201.00 200.75 9 430-441 438 150.00-192.00 181.58 6 515-541 531 185.00-191.00 189.06 4 560-587 576 151.00-191.00 173.57 2 600-605 603 172.00-182.00 177.02 7 653-660 655 150.00-180.00 174.96 3 735-740 737 140.00-167.00 152.37 Slaughter Bulls Head Wt Range Avg Wt Price Range Avg Price 2 1705-1850 1778 107.00-125.00 115.63 Slaughter Cows Head Wt Range Avg Wt Price Range Avg Price 5 855-1400 1091 61.00-76.00 65.30 Lean 6 1050-1485 1253 74.00-97.00 80.96 Boner 20 880-1930 1324 79.00-105.00 93.94 Breaker Bred Cows Medium and Large 1-2 Head Wt Range Avg Wt Price Range Avg Price 2 1015-1135 1075 111.63-118.61 115.31 Young, 2nd Stage 1 1430 1430 87.41 87.41 Middle Aged, 3rd Stage 1 1485 1485 69.02 69.02 Middle Aged/Aged, 3rd Stage

Source: www.ams.usda.gov/mnreports/ams_1873.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.