My Market Report is an adjustable market report built by you specifically for you. If you have an auction market that you watch but it does not have a USDA data report, this calculator will build your own Relative Value report.
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.
Display Weights – This will show the weight beside the point on the chart.
Each point on the chart will also give you some quick information on the value of the trade.
Data
Weight – Select this to change the weight.
$/CWT – Select this to change the price per CWT.
Total – Select this to change the price per head.
Condition – Select this to note any specific condition. 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.
