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