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Target Price

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Copy of Target Price Calculator September 2023.xlsm Click to download file

Instructions

This target price calculator provides an estimate of what you may receive for your animals at one of these feeder cattle auctions.

To use the calculator:

  • Click the "Refresh Futures" button
  • Input expected cattle characteristics at the time of marketing in Option #1 column
  • The target price is the futures price plus the average basis for that location
  • To compare animals: input the expected cattle characteristics at the time of marketing in the Option #2 column and change the characteristic you would like to compare (i.e., location, weight, month, etc.)
  • See target price differences and adjustments.

*Note that the weight categories in 50 lb increments are only for the Abingdon (VQA) sales, and data is only available for January, March, July, August, November, and December.

Price and Basis data from the Abingdon Tri-State Feeder Cattle sale was collected and analyzed by Scott Jessee, Unit Coordinator and Extension Agent, ANR – CSES of Russell County. For more information contact: djessee@vt.edu