beef pricing grid
TRANSCRIPT
Beef Pricing Grid
Dressing PercentagesLive Wt
Carcwt
Dress%
1 1275 803 63
2 1325 822
3 1475 959
4 1120 683
Carcass Weight ÷ Live Weight = Dressing Percentage#1: 803 ÷ 1275 = .629
To make that a percentageMultiply .629 x 100 = 62.9%
This can be rounded up to 63%
Live Wt
Carcwt
Dress%
1 1275 803 63
2 1325 822 62
3 1475 959 65
4 1120 683 61
Quality Grade
• Quality Grade: how much fat is in the meat
Live Wt
Carcwt
Dress%
QualGrade
1 1275 803 63 C-
2 1325 822 62 Se+
3 1475 959 65 C+
4 1120 683 61 Se-
Quality Grade
Prime = PUpper Choice = C+
Choice = CSelect = SeStandard = StThis information is given to you – you will never have to figure this out, it is
information you will use!
Live Wt
Carcwt
Dress%
QualGrade
1 1275 803 63 C-
2 1325 822 62 Se+
3 1475 959 65 C+
4 1120 683 61 Se-
Yield GradeLive Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value
1 1275 803 63 C- 2.8
2 1325 822 62 Se+ 2.2
3 1475 959 65 C+ 3.7
4 1120 683 61 Se- 1.9
• This is a measurement of many areas but mostly backfat – This is a measurement of fat outside the muscle
• Yield Grade 1 = Lean• Yield Grade 5 = Fat
Carcass Value/CWT
Prime Upper Choice
Choice Select
1 +37 +17 +7 -10
2 +33 +13 +3 -14
3 +30 +10 0 -17
4 +15 -5 -15 -32
5 -25 -25 -25 -42
Carcass value/CWTCWT = per 100 lbsIn the scenario we are given base price of $145/cwt
Animals #1
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
1 1275 803 63 C- 2.8
2 1325 822 62 Se+ 2.2
3 1475 959 65 C+ 3.7
4 1120 683 61 Se- 1.9
145 + 3 =148 Carcass value/cwt
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
1 1275 803 63 C- 2.8 148
2 1325 822 62 Se+ 2.2
3 1475 959 65 C+ 3.7
4 1120 683 61 Se- 1.9
Prime Upper Choice
Choice Select
1 +37 +17 +7 -10
2 +33 +13 +3 -14
3 +30 +10 0 -17
4 +15 -5 -15 -32
5 -25 -25 -25 -42
Carcass value/CWTCWT = per 100 lbsIn the scenario we are given base price of $145/cwt Carcass weight deduction:950-1050# -12Over 1051# -35
Animals #3
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
1 1275 803 63 C- 2.8 148
2 1325 822 62 Se+ 2.2
3 1475 959 65 C+ 3.7
4 1120 683 61 Se- 1.9
145 +10 =158 Carcass value/cwt With deductions since the carcass is above 950158 – 12 = 143
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
1 1275 803 63 C- 2.8 148
2 1325 822 62 Se+ 2.2
3 1475 959 65 C+ 3.7 143
4 1120 683 61 Se- 1.9
Gross Carcass value
• 803 ÷ 100 = 8.03 CWT/animal• 8.03 x 148 = $1188.44 $/animal
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
1 1275 803 63 C- 2.8 148
2 1325 822 62 Se+ 2.2 131
3 1475 959 65 C+ 3.7 143
4 1120 683 61 Se- 1.9 135
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
1 1275 803 63 C- 2.8 148 1188
2 1325 822 62 Se+ 2.2 131
3 1475 959 65 C+ 3.7 143
4 1120 683 61 Se- 1.9 135
Live Value
• Live value is Gross carcass value X Dressing Percentage
• 1188 x .63 = 749
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
1 1275 803 63 C- 2.8 148 1188
2 1325 822 62 Se+ 2.2 131 1077
3 1475 959 65 C+ 3.7 143 1371
4 1120 683 61 Se- 1.9 135 922
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
1 1275 803 63 C- 2.8 148 1188 749
2 1325 822 62 Se+ 2.2 131 1077
3 1475 959 65 C+ 3.7 143 1371
4 1120 683 61 Se- 1.9 135 922
Day on feed & Feed cost/Day
• Day on feed is a number that is always given to you along with feed cost per day
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
Days OnFeed
Feed Cost/day
Total Feed Cost
1 1275 803 63 C- 2.8 148 1188 749 200 .79
2 1325 822 62 Se+ 2.2 131 1077 668 150 .83
3 1475 959 65 C+ 3.7 143 1371 891 220 .73
4 1120 683 61 Se- 1.9 135 922 562 120 .70
Total Feed Cost
• To find the total feed cost:• Days on feed x Feed cost/day = Total feed cost• 200 x .79 = 158
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
Days OnFeed
Feed Cost/day
Total Feed Cost
1 1275 803 63 C- 2.8 148 1188 749 200 .79
2 1325 822 62 Se+ 2.2 131 1077 668 150 .83
3 1475 959 65 C+ 3.7 143 1371 891 220 .73
4 1120 683 61 Se- 1.9 135 922 562 120 .70
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
Days OnFeed
Feed Cost/day
Total Feed Cost
1 1275 803 63 C- 2.8 148 1188 749 200 .79 158
2 1325 822 62 Se+ 2.2 131 1077 668 150 .83
3 1475 959 65 C+ 3.7 143 1371 891 220 .73
4 1120 683 61 Se- 1.9 135 922 562 120 .70
Profits
• Gross carcass value – feed cost – health management cost – original calf cost = net profit
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
Days OnFeed
Feed Cost/day
Total Feed Cost
Net Profit
1 1275 803 63 C- 2.8 148 1188 749 200 .79 158
2 1325 822 62 Se+ 2.2 131 1077 668 150 .83 125
3 1475 959 65 C+ 3.7 143 1371 891 220 .73 161
4 1120 683 61 Se- 1.9 135 922 562 120 .70 84
• 749 (line value) – 158 (feed) = 591• 591 – 24 (Health cost) = 567
• All animal were purchased at 600 lb for 90 cwt
• 600 ÷ 100 = 6 >>> 6 x 90 = 540• 567 – 540 (calf) = $27 profit
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
Days OnFeed
Feed Cost/day
Total Feed Cost
Net Profit
1 1275 803 63 C- 2.8 148 1188 749 200 .79 158
2 1325 822 62 Se+ 2.2 131 1077 668 150 .83 125
3 1475 959 65 C+ 3.7 143 1371 891 220 .73 161
4 1120 683 61 Se- 1.9 135 922 562 120 .70 84
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
Days OnFeed
Feed Cost/day
Total Feed Cost
Net Profit
1 1275 803 63 C- 2.8 148 1188 749 200 .79 158
2 1325 822 62 Se+ 2.2 131 1077 668 150 .83 125
3 1475 959 65 C+ 3.7 143 1371 891 220 .73 161
4 1120 683 61 Se- 1.9 135 922 562 120 .70 84
Live Wt
Carcwt
Dres%
QualGrade
YieldGrade
Carc.Value/CWT
GrossCarc Value
Live Value
Days OnFeed
Feed Cost/day
Total Feed Cost
Net Profit
1 1275 803 63 C- 2.8 148 1188 749 200 .79 158 27
2 1325 822 62 Se+ 2.2 131 1077 668 150 .83 125 -21
3 1475 959 65 C+ 3.7 143 1371 891 220 .73 161 166
4 1120 683 61 Se- 1.9 135 922 562 120 .70 84 -86
•Which Steer was most profitable?• 3
•Was the Steer with the lowest quality grade the least profitable?• 1=yes
•Did more days on feed result in more profit?• 1=yes
•Did the steer with the poorest yield grade have the lowest carcass value/cwt?• 2=no
•Does it appear that the dressing percent is higher for fatter steers?• 1=yes