This page contains the following helpful information for users of the BeefBasis Value of Gain - Backgrounder tool.

Purpose of the Value of Gain - Backgrounder Tool

For select states and auction locations, provide your lot details and expected buy and sell dates to obtain expected sales prices and corresponding value of gain projections across a range of nearby sales dates.

Input Descriptions

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Buy Date

Enter the date when you expect to buy the cattle.

Sell Date

Enter the date when you expect to sell the cattle.

State

Select the state where you expect to sell the cattle.

Location

Select an AMS reporting location that best represents your local market.

Sex

Select the sex of the cattle that you are expecting to sell.

Frame

Enter the expected USDA frame category that is most appropriate for the cattle you intend to market.

Muscling

Select the expected USDA muscling (thickness) designation that is appropriate for the cattle you intend to market. If unknown, the most common grades are 1 or 1-2, depending on the region.

For more information view the Muscling (Thickness) PDF.

Buy Weight

Enter the expected average weight per head of the cattle in this lot at the time they are expected to be bought.

Value must between between 200 and 1000.

Sell Weight

Enter the expected average weight per head of the cattle in this lot at the time they are expected to be sold.

Value must between between 200 and 1000.

Head

Enter the size of the lot (number of head of cattle) that you intend to market together.

Feeder Cattle Futures Price

Enter the current futures price ($/cwt) for the Feeder Cattle contract that will be nearby at the expected sale date.

Corn Futures Price

Enter the current futures price ($/bu) for the Feeder Cattle contract that will be nearby at the expected sale date.