AB Direct - Steers

Live: ---
Rail: 349.00-355.50 FOB lot (last week)

AB Direct - Heifers

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Rail: ---

US Trade- Steers

Live: 163.00 (TX, KN) last week
Rail: 264.00-265.00 (IA, NE) last week

US Trade - Heifers

Live: 163.00 (TX, KN) last week
Rail: 264.00-265.00 (IA, NE) last week

Canadian Dollar

$73.10
0.23
May 7, 2021 Business Tools

Calculating financial risks and opportunities in backgrounding

The Beef Cattle Research Council (BCRC) is offering a new Backgrounding Calculator to cow-calf producers deciding whether they should sell or background calves.

The new tool is a downloadable XLS file that incorporates variables like current calf prices, cost of gain, and projected feeder prices, in order to identify economic opportunities and risks from backgrounding cattle.

The calculator shows the net returns, by considering the performance and price risks, includes average daily gain, shrink rate and death loss information, and price adjustment due to weight change and market seasonality.

Producers can customize the information by adjusting the yellow cells, then compare the information demonstrated in the three customized backgrounding periods (90, 120, and 150 days).

For details, scenarios, tips, and to download the calculator, head to the BCRC’s introduction to the Backgrounding Calculator.

Photo: Canada Beef Inc.

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Updated: 27/03/2023

Steers

Live: ---
Rail: 349.00-355.50 FOB lot (last week)

Heifers

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Live: 163.00 (TX, KN) last week
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Rail: 264.00-265.00 (IA, NE) last week

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Over 500 lbs: US$ 187.84

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Livestock Price Insurance Index

Expiry Fed Feeder Calf
19-Jun-23 212 278 -
17-Jul-23 206 - -
14-Aug-23 204 274 -
11-Sep-23 202 280 -
9-Oct-23 204 286 310
6-Nov-23 204 286 308
4-Dec-23 202 276 302
Last Updated on March 23, 2023